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2022
Exports $844MWorld Rnk 4 / 164
Flag Rnk 281 / 1217
2022
Destination $31.1M Canada
2021 - 2022
FASTEST GROWING MARKET $31.1MAustralia
2022
PRODUCT COMPLEXITY IN Other Agricultural Machinery0.88Rnk 213 / 1025
2022
Imports $1.52BWorld Rnk 1 / 217
Flag Rnk 310 / 1216
2022
Origin $95MN/A
2021 - 2022
FASTEST GROWING ORIGIN $95MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $844M in Other Agricultural Machinery, making it the 4th largest exporter of Other Agricultural Machinery in the world. At the same year, Other Agricultural Machinery was the 281st most exported product in United States. The main destination of Other Agricultural Machinery exports from United States are: Canada ($226M), Australia ($85.4M), Mexico ($59.5M), Chile ($45.3M), and New Zealand ($35M).

The fastest growing export markets for Other Agricultural Machinery of United States between 2021 and 2022 were Australia ($31.1M), Chile ($21.3M), and Brazil ($8.29M).

Imports In 2022, United States imported $1.52B in Other Agricultural Machinery, becoming the 1st largest importer of Other Agricultural Machinery in the world. At the same year, Other Agricultural Machinery was the 310th most imported product in United States. United States imports Other Agricultural Machinery primarily from: N/A.

The fastest growing import markets in Other Agricultural Machinery for United States between 2021 and 2022 were Canada ($95M), Netherlands ($29.5M), and Germany ($28.5M).

COMPANIES In 2023, leading companies such as CNH Industrial (2.7k), John Deere (168), and IKEA Group (66) were at the forefront of shipping Other Agricultural Machinery to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Other Agricultural Machinery exports accounted up to $50.9M and imports accounted up to $122M, resulting in a negative trade balance of $70.8M. Between June 2023 and June 2024 the exports of United States'   Other Agricultural Machinery have decreased by $-23.7M (-31.7%) from $74.6M to $50.9M, while imports decreased by $-23.4M (-16.2%) from $145M to $122M.

Destinations In June 2024, Other Agricultural Machinery were exported mostly to Canada ($14.7M), Mexico ($5.11M), Australia ($5.05M), Brazil ($2.06M), and United Kingdom ($1.79M), and were imported mostly from Canada ($38.9M), Italy ($20.8M), Germany ($16.9M), Finland ($12.4M), and Netherlands ($9.96M).

Growth In June 2024, the decrease in Other Agricultural Machinery's year-by-year exports was explained primarily by a decrease in exports to Italy ($-6.36M or -93.9%), South Africa ($-1.74M or -84.9%), and France ($-1.64M or -67.1%). In June 2024, the decrease in Other Agricultural Machinery's year-by-year imports was explained primarily by a decrease in imports from China ($-669k or -8.08%), Belgium ($-523k or -66.3%), and Denmark ($-507k or -39.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-23.7M(-31.7%)
IMPORT GROWTH (June 2023 - June 2024)$-23.4M(-16.2%)
MAIN EXPORTER (June 2024)Iowa$11.6M
MAIN DESTINATION (June 2024)Canada$14.7M

This section shows Other Agricultural Machinery'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 Other Agricultural Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$844M
IMPORTS (2022)$1.52B
NET TRADE (2022)-$680M

In 2022, United States exported $844M in Other Agricultural Machinery. The main destinations of United States exports on Other Agricultural Machinery were Canada ($226M), Australia ($85.4M), Mexico ($59.5M), Chile ($45.3M), and New Zealand ($35M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Agricultural Machinery EXPORT MARKETS FOR United States WERE (2021 - 2022):
Australia$31.1M (57.2%)
Chile$21.3M (88.4%)
Brazil$8.29M (36.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Agricultural Machinery BY United States WERE (2021 - 2022):
Russia-$13.6M (-91.9%)
China-$8.53M (-28.1%)
Vietnam-$5.99M (-58.3%)
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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 Other Agricultural Machinery were:
Germany $1.19B
Netherlands $1.06B
China $958M
In 2022, United States's main importing competitors in Other Agricultural Machinery were:
Germany $672M
Canada $466M

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Trade Value of Other Agricultural Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $9.04M
TOP IMPORT POTENTIALChina+ $36.7M

Other Agricultural Machinery’s highest export potential is Germany. With an export gap of $9.04M.   Other Agricultural Machinery’s highest import potential is China with an import gap of $36.7M.

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