2022
Exports
$2.61BWorld Rnk 2 / 200
Flag Rnk 123 / 1217
2022
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 162 / 1025
2022
Imports
$3.89BWorld Rnk 1 / 220
Flag Rnk 146 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $2.61B in Navigation Equipment, making it the 2nd largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 123rd most exported product in United States. The main destination of Navigation Equipment exports from United States are: Canada ($426M), Mexico ($300M), Japan ($177M), Germany ($154M), and United Kingdom ($125M).

The fastest growing export markets for Navigation Equipment of United States between 2021 and 2022 were Canada ($190M), Romania ($118M), and Poland ($74.7M).

Imports In 2022, United States imported $3.89B in Navigation Equipment, becoming the 1st largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 146th most imported product in United States. United States imports Navigation Equipment primarily from: China ($752M), Mexico ($717M), Germany ($460M), Chinese Taipei ($416M), and Canada ($312M).

The fastest growing import markets in Navigation Equipment for United States between 2021 and 2022 were Mexico ($87.8M), China ($75M), and Germany ($44.9M).

COMPANIES In 2023, leading companies such as SAMSUNG ELECTORNICS AMERICA, INC. (208), HONGKONG XIN JIE TECHNOLOGY LTD (195), and MAGICAL CRUISE COMPANY LIMITED (128) were at the forefront of shipping Navigation Equipment to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)$22.2M(10.6%)
IMPORT GROWTH (March 2023 - March 2024)$-5.51M(-1.5%)
MAIN EXPORTER (March 2024)Florida$84.8M
MAIN DESTINATION (March 2024)Canada$40M

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.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.61B
IMPORTS (2022)$3.89B
NET TRADE (2022)-$1.28B

In 2022, United States exported $2.61B in Navigation Equipment. The main destinations of United States exports on Navigation Equipment were Canada ($426M), Mexico ($300M), Japan ($177M), Germany ($154M), and United Kingdom ($125M).

In 2022, United States imported $3.89B in Navigation Equipment, mainly from China ($752M), Mexico ($717M), Germany ($460M), Chinese Taipei ($416M), and Canada ($312M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$190M (80.3%)
Romania$118M (2.45k%)
Poland$74.7M (791%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY United States WERE (2021 - 2022):
China-$25.8M (-24.7%)
Morocco-$24.5M (-69.5%)
France-$18.4M (-22.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Navigation Equipment were:
China $3.22B
Germany $1.95B
In 2022, United States's main importing competitors in Navigation Equipment were:
Germany $1.74B
China $1.5B

Explore Visualizations

Trade Value of Navigation Equipment by Exporters

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