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2022
Exports $2.19BWorld Rnk 4 / 216
Flag Rnk 142 / 1217
2022
Destination $34.2M Canada
2021 - 2022
FASTEST GROWING MARKET $34.2MMexico
2022
PRODUCT COMPLEXITY IN Microphones and Headphones0.78Rnk 254 / 1025
2022
Imports $8.8BWorld Rnk 1 / 222
Flag Rnk 71 / 1216
2022
Origin $151M China
2021 - 2022
FASTEST GROWING ORIGIN $151MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $2.19B in Microphones and Headphones, making it the 4th largest exporter of Microphones and Headphones in the world. At the same year, Microphones and Headphones was the 142nd most exported product in United States. The main destination of Microphones and Headphones exports from United States are: Canada ($612M), Mexico ($534M), China ($87.4M), Germany ($68.5M), and Japan ($63.4M).

The fastest growing export markets for Microphones and Headphones of United States between 2021 and 2022 were Mexico ($34.2M), United Arab Emirates ($20.5M), and Canada ($20.2M).

Imports In 2022, United States imported $8.8B in Microphones and Headphones, becoming the 1st largest importer of Microphones and Headphones in the world. At the same year, Microphones and Headphones was the 71st most imported product in United States. United States imports Microphones and Headphones primarily from: China ($4.14B), Mexico ($1.48B), Vietnam ($1.12B), Malaysia ($445M), and Thailand ($340M).

The fastest growing import markets in Microphones and Headphones for United States between 2021 and 2022 were Mexico ($151M), Malaysia ($149M), and Thailand ($105M).

COMPANIES In 2023, leading companies such as CrimsonLogic (1.72k), You Hao Trading (1.17k), and IKEA Group (954) were at the forefront of shipping Microphones and Headphones to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Microphones and Headphones exports accounted up to $308M and imports accounted up to $1.1B, resulting in a negative trade balance of $795M. Between August 2023 and August 2024 the exports of United States'   Microphones and Headphones have increased by $39.4M (14.7%) from $269M to $308M, while imports increased by $105M (10.5%) from $999M to $1.1B.

Destinations In August 2024, Microphones and Headphones were exported mostly to Canada ($91.6M), Mexico ($89.3M), South Korea ($12.5M), United Arab Emirates ($9.15M), and Japan ($8.29M), and were imported mostly from China ($493M), Vietnam ($278M), Mexico ($142M), Malaysia ($63.9M), and Thailand ($27.9M).

Growth In August 2024, the increase in Microphones and Headphones's year-by-year exports was explained primarily by an increase in exports to Canada ($21.4M or 34.9%), Mexico ($8.5M or 17.7%), and United Arab Emirates ($8.01M or 376%). In August 2024, the increase in Microphones and Headphones's year-by-year imports was explained primarily by an increase in imports from Mexico ($34.5M or 40.9%), Malaysia ($18.5M or 90.1%), and Thailand ($17.2M or 100%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$39.4M(14.7%)
IMPORT GROWTH (August 2023 - August 2024)$105M(10.5%)
MAIN EXPORTER (August 2024)California$111M
MAIN DESTINATION (August 2024)Canada$91.6M

This section shows Microphones and Headphones'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 Microphones and Headphones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.19B
IMPORTS (2022)$8.8B
NET TRADE (2022)-$6.61B

In 2022, United States exported $2.19B in Microphones and Headphones. The main destinations of United States exports on Microphones and Headphones were Canada ($612M), Mexico ($534M), China ($87.4M), Germany ($68.5M), and Japan ($63.4M).

In 2022, United States imported $8.8B in Microphones and Headphones, mainly from China ($4.14B), Mexico ($1.48B), Vietnam ($1.12B), Malaysia ($445M), and Thailand ($340M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Microphones and Headphones EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$34.2M (6.86%)
United Arab Emirates$20.5M (63.4%)
Canada$20.2M (3.42%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Microphones and Headphones BY United States WERE (2021 - 2022):
Japan-$43.5M (-40.7%)
Chile-$19M (-43.9%)
Russia-$8.81M (-75.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Microphones and Headphones were:
China $24.4B
Vietnam $3.65B
Germany $2.71B
In 2022, United States's main importing competitors in Microphones and Headphones were:
Germany $3.45B
China $3.34B

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Trade Value of Microphones and Headphones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $73.4M
TOP IMPORT POTENTIALMexico+ $282M

Microphones and Headphones’s highest export potential is Canada. With an export gap of $73.4M.   Microphones and Headphones’s highest import potential is Mexico with an import gap of $282M.

See methodology.

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