2022
Exports
$179MWorld Rnk 8 / 161
Flag Rnk 618 / 1217
2022
PRODUCT COMPLEXITY IN Metal Finishing Machines
1.51Rnk 48 / 1025
2022
Imports
$544MWorld Rnk 2 / 210
Flag Rnk 513 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $179M in Metal Finishing Machines, making it the 8th largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 618th most exported product in United States. The main destination of Metal Finishing Machines exports from United States are: Mexico ($50.2M), Canada ($29.4M), China ($13.5M), Germany ($12.6M), and Philippines ($5.38M).

The fastest growing export markets for Metal Finishing Machines of United States between 2021 and 2022 were Mexico ($20.1M), Philippines ($4.49M), and Canada ($4.31M).

Imports In 2022, United States imported $544M in Metal Finishing Machines, becoming the 2nd largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 513th most imported product in United States. United States imports Metal Finishing Machines primarily from: Switzerland ($106M), Germany ($95.5M), Japan ($63.4M), Chinese Taipei ($42.5M), and Thailand ($39.2M).

The fastest growing import markets in Metal Finishing Machines for United States between 2021 and 2022 were Switzerland ($47.8M), Czechia ($30.2M), and Chinese Taipei ($18.8M).

COMPANIES In 2023, leading companies such as Kubota (23), CrimsonLogic (12), and Amazon (2) were at the forefront of shipping Metal Finishing Machines to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-10.5M(-48.7%)
IMPORT GROWTH (June 2023 - June 2024)$-2.54M(-7.24%)
MAIN EXPORTER (June 2024)Michigan$4.38M
MAIN DESTINATION (June 2024)China$2.91M

This section shows Metal Finishing Machines'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 Metal Finishing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$179M
IMPORTS (2022)$544M
NET TRADE (2022)-$366M

In 2022, United States exported $179M in Metal Finishing Machines. The main destinations of United States exports on Metal Finishing Machines were Mexico ($50.2M), Canada ($29.4M), China ($13.5M), Germany ($12.6M), and Philippines ($5.38M).

In 2022, United States imported $544M in Metal Finishing Machines, mainly from Switzerland ($106M), Germany ($95.5M), Japan ($63.4M), Chinese Taipei ($42.5M), and Thailand ($39.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$20.1M (66.8%)
Philippines$4.49M (501%)
Canada$4.31M (17.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY United States WERE (2021 - 2022):
Brazil-$3.93M (-44.8%)
Hong Kong-$2.29M (-92.8%)
China-$2.15M (-13.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Metal Finishing Machines were:
In 2022, United States's main importing competitors in Metal Finishing Machines were:

Explore Visualizations

Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.34M
TOP IMPORT POTENTIALChina+ $12.6M

Metal Finishing Machines’s highest export potential is China. With an export gap of $7.34M.   Metal Finishing Machines’s highest import potential is China with an import gap of $12.6M.

See methodology.

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