Liquid Fuel Furnaces in United States 2021 Exports | Imports : $168M | $183M, World Rnk 4 / 143 Rnk 610 / 1216 | World Rnk 1 / 210 Rnk 748 / 1215
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $4.85M | $6.68M, Chinese Taipei | Italy
2021 ECONOMIC COMPLEXITY of United States: 1.46, Rnk 10 / 131
2021 PRODUCT COMPLEXITY IN Liquid Fuel Furnaces: 1.15, Rnk 115 / 1024
Exports In 2021, United States exported $168M in Liquid Fuel Furnaces, making it the 4th largest exporter of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 610th most exported product in United States. The main destination of Liquid Fuel Furnaces exports from United States are: Canada ($42.3M), Mexico ($17.4M), China ($8.72M), India ($7.99M), and Chinese Taipei ($7.94M).
The fastest growing export markets for Liquid Fuel Furnaces of United States between 2020 and 2021 were Chinese Taipei ($4.85M), Mexico ($3.46M), and Colombia ($2.74M).
Imports In 2021, United States imported $183M in Liquid Fuel Furnaces, becoming the 1st largest importer of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 748th most imported product in United States. United States imports Liquid Fuel Furnaces primarily from: Germany ($42.5M), Canada ($39.8M), Mexico ($18.1M), China ($16.6M), and Italy ($15.8M).
The fastest growing import markets in Liquid Fuel Furnaces for United States between 2020 and 2021 were Italy ($6.68M), Chinese Taipei ($2.72M), and United Kingdom ($2.32M).
May 2023
Overview In May 2023 United States' Liquid Fuel Furnaces exports accounted up to $17.2M and imports accounted up to $16.4M, resulting in a positive trade balance of $849k. Between May 2022 and May 2023 the exports of United States' Liquid Fuel Furnaces have decreased by $-1.6M (-8.51%) from $18.8M to $17.2M, while imports increased by $2.72M (19.9%) from $13.6M to $16.4M.
Destinations In May 2023, Liquid Fuel Furnaces were exported mostly to Canada ($4.3M), Algeria ($2.75M), Mexico ($1.6M), Australia ($1.22M), and Uruguay ($1.18M), and were imported mostly from Canada ($4.9M), Germany ($3.5M), China ($1.66M), Mexico ($1.26M), and United Kingdom ($938k).
Growth In May 2023, the decrease in Liquid Fuel Furnaces's year-by-year exports was explained primarily by a decrease in exports to Canada ($-593k or -13.7%), Thailand ($-233k or -57.4%), and Australia ($-228k or -34%). In May 2023, the increase in Liquid Fuel Furnaces's year-by-year imports was explained primarily by an increase in imports from China ($1.22M or 63.8%), Germany ($639k or 69.4%), and Italy ($343k or 52.9%).
EXPORT GROWTH (May 2022 - May 2023): $-1.6M, (-8.51%)
IMPORT GROWTH (May 2022 - May 2023): $2.72M, (19.9%)
MAIN EXPORTER (May 2023): Oklahoma, $3.61M
MAIN DESTINATION (May 2023): Canada, $4.3M
This section shows Liquid Fuel Furnaces's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Liquid Fuel Furnaces over time.
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EXPORTS (2021): $168M
IMPORTS (2021): $183M
NET TRADE (2021): -$15.1M
In 2021, United States exported $168M in Liquid Fuel Furnaces. The main destinations of United States exports on Liquid Fuel Furnaces were Canada ($42.3M), Mexico ($17.4M), China ($8.72M), India ($7.99M), and Chinese Taipei ($7.94M).
In 2021, United States imported $183M in Liquid Fuel Furnaces, mainly from Germany ($42.5M), Canada ($39.8M), Mexico ($18.1M), China ($16.6M), and Italy ($15.8M).
THE FASTEST GROWING Liquid Fuel Furnaces EXPORT MARKETS FOR United States WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Fuel Furnaces BY United States WERE (2020 - 2021):
In 2021, United States's main exporting competitors in Liquid Fuel Furnaces were:
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