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2022
Exports $22.5BWorld Rnk 3 / 226
Flag Rnk 17 / 1217
2022
Destination $889M Mexico
2021 - 2022
FASTEST GROWING MARKET $889MMexico
2022
PRODUCT COMPLEXITY IN Office Machine Parts1.32Rnk 90 / 1025
2022
Imports $60.3BWorld Rnk 1 / 224
Flag Rnk 9 / 1216
2022
Origin $1.66B China
2021 - 2022
FASTEST GROWING ORIGIN $1.66BVietnam
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $22.5B in Office Machine Parts, making it the 3rd largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 17th most exported product in United States. The main destination of Office Machine Parts exports from United States are: Mexico ($9.7B), Canada ($2.67B), Netherlands ($1.33B), China ($922M), and Hong Kong ($774M).

The fastest growing export markets for Office Machine Parts of United States between 2021 and 2022 were Mexico ($889M), Czechia ($251M), and Canada ($234M).

Imports In 2022, United States imported $60.3B in Office Machine Parts, becoming the 1st largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 9th most imported product in United States. United States imports Office Machine Parts primarily from: China ($17.2B), Chinese Taipei ($9.32B), Thailand ($7.69B), South Korea ($7.16B), and Vietnam ($5.55B).

The fastest growing import markets in Office Machine Parts for United States between 2021 and 2022 were Vietnam ($1.66B), Chinese Taipei ($1.41B), and Thailand ($935M).

COMPANIES In 2023, leading companies such as Asus Computer (220), Lenovo (117), and StarTech (82) were at the forefront of shipping Office Machine Parts to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Office Machine Parts exports accounted up to $2.72B and imports accounted up to $5.33B, resulting in a negative trade balance of $2.61B. Between August 2023 and August 2024 the exports of United States'   Office Machine Parts have increased by $1.36B (99.8%) from $1.36B to $2.72B, while imports increased by $2.33B (77.8%) from $3B to $5.33B.

Destinations In August 2024, Office Machine Parts were exported mostly to Mexico ($1.73B), Chinese Taipei ($233M), Netherlands ($125M), China ($116M), and Singapore ($60.4M), and were imported mostly from Chinese Taipei ($2.72B), Vietnam ($620M), China ($574M), South Korea ($503M), and Malaysia ($420M).

Growth In August 2024, the increase in Office Machine Parts's year-by-year exports was explained primarily by an increase in exports to Thailand ($48.1M or 191%), Germany ($25M or 370%), and Czechia ($15.5M or 127%). In August 2024, the increase in Office Machine Parts's year-by-year imports was explained primarily by an increase in imports from Thailand ($44.8M or 247%), Malaysia ($13.3M or 14.1%), and Germany ($5.98M or 73.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$1.36B(99.8%)
IMPORT GROWTH (August 2023 - August 2024)$2.33B(77.8%)
MAIN EXPORTER (August 2024)Texas$855M
MAIN DESTINATION (August 2024)Mexico$1.73B

This section shows Office Machine Parts'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 Office Machine Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$22.5B
IMPORTS (2022)$60.3B
NET TRADE (2022)-$37.8B

In 2022, United States exported $22.5B in Office Machine Parts. The main destinations of United States exports on Office Machine Parts were Mexico ($9.7B), Canada ($2.67B), Netherlands ($1.33B), China ($922M), and Hong Kong ($774M).

In 2022, United States imported $60.3B in Office Machine Parts, mainly from China ($17.2B), Chinese Taipei ($9.32B), Thailand ($7.69B), South Korea ($7.16B), and Vietnam ($5.55B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$889M (10.1%)
Czechia$251M (147%)
Canada$234M (9.58%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY United States WERE (2021 - 2022):
Ireland-$131M (-36%)
Colombia-$83.3M (-54.8%)
Hong Kong-$60.9M (-7.29%)
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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 Office Machine Parts were:
China $111B
Chinese Taipei $26.4B
In 2022, United States's main importing competitors in Office Machine Parts were:
Hong Kong $30.5B
China $27.2B

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Trade Value of Office Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $310M
TOP IMPORT POTENTIALChina+ $887M

Office Machine Parts’s highest export potential is China. With an export gap of $310M.   Office Machine Parts’s highest import potential is China with an import gap of $887M.

See methodology.

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