Navigation Equipment in United States

EXPORTS (2018): $2.68B, World Rnk 2 / 173
Flag Rnk 109 / 1222

TOP DESTINATION (2018): $408M, Mexico

FASTEST GROWING MARKET (2017 - 2018): $130M, Qatar

IMPORTS (2018): $4.56B, World Rnk 1 / 211
Flag Rnk 98 / 1217

TOP ORIGIN (2018): $967M, Mexico

FASTEST GROWING ORIGIN (2017 - 2018): $246M, Germany

ECONOMIC COMPLEXITY of United States (2018): 1.57, Rnk 9 / 137

PRODUCT COMPLEXITY  IN Navigation Equipment (2018): 0.95, Rnk 189 / 1018

Overview: This page contains the latest trade data of Navigation Equipment in United States.

Exports: In 2018, United States exported $2.68B in Navigation Equipment, making it the 2nd largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 109th most exported product in United States. The main destination of Navigation Equipment exports from United States are: Mexico ($408M), Japan ($309M), Canada ($265M), Saudi Arabia ($229M), and United Arab Emirates ($210M).

The fastest growing export markets for Navigation Equipment of United States between 2017 and 2018 were Qatar ($130M), Mexico ($113M), and Japan ($94.4M).

Imports: In 2018, United States imported $4.56B in Navigation Equipment, becoming the 1st largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 98th most imported product in United States. United States imports Navigation Equipment primarily from: Mexico ($967M), China ($592M), Germany ($568M), Japan ($359M), and Canada ($358M).

The fastest growing import markets in Navigation Equipment for United States between 2017 and 2018 were Germany ($246M), Canada ($78.7M), and Japan ($73.7M).

Tariffs: In 2017, the average tariff for United States in Navigation Equipment was 0.36%. The countries with the highest import tariffs for Navigation Equipment were Equatorial Guinea (0.75%), Libya (0.75%), Mayotte (0.75%), Reunion (0.75%), and Sudan (0.75%).

Overview: In August 2020 United States' Navigation Equipment exports accounted up to $169M and imports accounted up to $273M, resulting in a negative trade balance of $104M. Between August 2019 and August 2020 the exports of United States'   Navigation Equipment have decreased by $-264M (-61%) from $434M to $169M, while imports decreased by $-132M (-32.6%) from $405M to $273M.

Destinations: In August 2020 Navigation Equipment exported mostly to Canada ($28.5M), Mexico ($21.4M), Japan ($17.3M), Australia ($13M), and United Kingdom ($11.3M), and imported mostly from China ($68.3M), Mexico ($38.7M), Germany ($24.6M), Taiwan ($22.6M), and Canada ($20.4M).

Growth: In August 2020, the decrease in Navigation Equipment's year-by-year exports was explained primarily by a decrease in exports to Switzerland ($-119M or -99.2%), Qatar ($-73.4M or -99.8%), and Mexico ($-27.5M or -56.2%). In August 2020, the decrease in Navigation Equipment's year-by-year imports was explained primarily by a decrease in imports from Taiwan ($-54.8M or -70.8%), Mexico ($-28M or -42%), and United Kingdom ($-22.2M or -67.7%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (August 2019 - August 2020): $-264M, (-61%)

IMPORT GROWTH (August 2019 - August 2020): $-132M, (-32.6%)

MAIN EXPORTER (August 2020): California, $35.4M

MAIN DESTINATION (August 2020): Canada, $28.5M

This section shows Navigation Equipment'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 Navigation Equipment over time.

Value

EXPORTS (2018): $2.68B

IMPORTS (2018): $4.56B

NET TRADE (2018): -$1.88B

In 2018, United States exported $2.68B in Navigation Equipment. The main destinations of United States exports on Navigation Equipment were Mexico ($408M), Japan ($309M), Canada ($265M), Saudi Arabia ($229M), and United Arab Emirates ($210M).

In 2018, United States imported $4.56B in Navigation Equipment, mainly from Mexico ($967M), China ($592M), Germany ($568M), Japan ($359M), and Canada ($358M).

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IN 2018, United States HAD A POSITIVE NET TRADE IN Navigation Equipment WITH:

  • Saudi Arabia, $228M ($229M - $1.62M)
  • United Arab Emirates, $210M ($210M - $554k)
  • Qatar, $130M ($130M - $0)

IN 2018, United States HAD A NEGATIVE NET TRADE IN Navigation Equipment WITH:

  • Mexico, -$559M ($408M - $967M)
  • China, -$490M ($102M - $592M)
  • Germany, -$416M ($152M - $568M)
Flow

THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR United States WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY United States WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, United States's main exporting competitors in Navigation Equipment were:

In 2018, United States's main importing competitors in Navigation Equipment were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Navigation Equipment in United States. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the average tariff for United States in Navigation Equipment was 0.36%.

The countries with the highest tariffs for Navigation Equipment in United States were Equatorial Guinea (0.75%), Libya (0.75%), Mayotte (0.75%), Reunion (0.75%), and Sudan (0.75%).

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