2022
Exports
$99.9BWorld Rnk 1 / 226
Flag Rnk 5 / 96
2022
PRODUCT COMPLEXITY IN Optical, photo, & film equipment; medical instruments
2.12Rnk 3 / 1025
2022
Imports
$115BWorld Rnk 1 / 226
Flag Rnk 6 / 96
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $99.9B in Optical, photo, & film equipment; medical instruments, making it the 1st largest exporter of Optical, photo, & film equipment; medical instruments in the world. At the same year, Optical, photo, & film equipment; medical instruments was the 5th most exported product in United States. The main destination of Optical, photo, & film equipment; medical instruments exports from United States are: China ($10.8B), Netherlands ($9.95B), Mexico ($8.22B), Canada ($8.08B), and Germany ($7.88B).

The fastest growing export markets for Optical, photo, & film equipment; medical instruments of United States between 2021 and 2022 were Mexico ($1.15B), Netherlands ($1.1B), and United Kingdom ($883M).

Imports In 2022, United States imported $115B in Optical, photo, & film equipment; medical instruments, becoming the 1st largest importer of Optical, photo, & film equipment; medical instruments in the world. At the same year, Optical, photo, & film equipment; medical instruments was the 6th most imported product in United States. United States imports Optical, photo, & film equipment; medical instruments primarily from: Mexico ($20.1B), China ($13.6B), Germany ($12.1B), Japan ($7.95B), and Ireland ($6.42B).

The fastest growing import markets in Optical, photo, & film equipment; medical instruments for United States between 2021 and 2022 were Mexico ($2.07B), Canada ($564M), and Ireland ($498M).

COMPANIES In 2023, leading companies such as LG Electronics (2.45k), CrimsonLogic (2.22k), and Fuyao Glass (1.3k) were at the forefront of shipping Optical, photo, & film equipment; medical instruments to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$256M(3.09%)
IMPORT GROWTH (July 2023 - July 2024)$900M(9.22%)
MAIN EXPORTER (July 2024)California$1.88B
MAIN DESTINATION (July 2024)Mexico$975M

This section shows Optical, photo, & film equipment; medical instruments'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 Optical, photo, & film equipment; medical instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$99.9B
IMPORTS (2022)$115B
NET TRADE (2022)-$14.6B

In 2022, United States exported $99.9B in Optical, photo, & film equipment; medical instruments. The main destinations of United States exports on Optical, photo, & film equipment; medical instruments were China ($10.8B), Netherlands ($9.95B), Mexico ($8.22B), Canada ($8.08B), and Germany ($7.88B).

In 2022, United States imported $115B in Optical, photo, & film equipment; medical instruments, mainly from Mexico ($20.1B), China ($13.6B), Germany ($12.1B), Japan ($7.95B), and Ireland ($6.42B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Optical, photo, & film equipment; medical instruments EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$1.15B (16.3%)
Netherlands$1.1B (12.5%)
United Kingdom$883M (34.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Optical, photo, & film equipment; medical instruments BY United States WERE (2021 - 2022):
China-$5.19B (-32.5%)
South Korea-$4.43B (-51.5%)
Chinese Taipei-$1.95B (-34.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Optical, photo, & film equipment; medical instruments were:
China $82.4B
Germany $76.3B
In 2022, United States's main importing competitors in Optical, photo, & film equipment; medical instruments were:
China $69.9B
Germany $46.3B

Explore Visualizations

Trade Value of Optical, photo, & film equipment; medical instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $1.37B
TOP IMPORT POTENTIALCanada+ $1.88B

Optical, photo, & film equipment; medical instruments’s highest export potential is Canada. With an export gap of $1.37B.   Optical, photo, & film equipment; medical instruments’s highest import potential is Canada with an import gap of $1.88B.

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