Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories in   United States

Overview In May 2022 United States' Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories exports accounted up to $8.08B and imports accounted up to $9.45B, resulting in a negative trade balance of $1.37B. Between May 2021 and May 2022 the exports of United States'   Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories have increased by $240M (3.06%) from $7.84B to $8.08B, while imports increased by $1.08B (12.9%) from $8.38B to $9.45B.

Destinations In May 2022, Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories were exported mostly to China ($925M), Netherlands ($819M), Canada ($818M), Mexico ($711M), and Japan ($555M), and were imported mostly from Mexico ($1.58B), China ($1.08B), Germany ($1.06B), Ireland ($781M), and Japan ($599M).

Growth In May 2022, the increase in Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories's year-by-year exports was explained primarily by an increase in exports to China ($185M or 31.1%), Kuwait ($38.6M or 336%), and South Korea ($34.1M or 12.5%). In May 2022, the increase in Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories's year-by-year imports was explained primarily by an increase in imports from China ($83.8M or 8.61%), Vietnam ($31.3M or 48%), and Costa Rica ($25.9M or 17.1%).