Other Construction Vehicles in United States 2021 Exports | Imports : $1.02B | $1.3B, World Rnk 3 / 175 Rnk 240 / 1216 | World Rnk 1 / 216 Rnk 319 / 1215
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $39M | $59.2M, Canada | Canada
2021 ECONOMIC COMPLEXITY of United States: 1.46, Rnk 10 / 131
2021 PRODUCT COMPLEXITY IN Other Construction Vehicles: -0.6, Rnk 729 / 1029
Exports In 2021, United States exported $1.02B in Other Construction Vehicles, making it the 3rd largest exporter of Other Construction Vehicles in the world. At the same year, Other Construction Vehicles was the 240th most exported product in United States. The main destination of Other Construction Vehicles exports from United States are: Canada ($309M), Australia ($55.3M), Russia ($51.5M), Netherlands ($43.9M), and Mexico ($41.7M).
The fastest growing export markets for Other Construction Vehicles of United States between 2020 and 2021 were Canada ($39M), Pakistan ($14.7M), and India ($12.8M).
Imports In 2021, United States imported $1.3B in Other Construction Vehicles, becoming the 1st largest importer of Other Construction Vehicles in the world. At the same year, Other Construction Vehicles was the 319th most imported product in United States. United States imports Other Construction Vehicles primarily from: Canada ($241M), Germany ($238M), China ($182M), Italy ($131M), and Mexico ($75M).
The fastest growing import markets in Other Construction Vehicles for United States between 2020 and 2021 were Canada ($59.2M), China ($47.9M), and Japan ($28.6M).
February 2023
Overview In February 2023 United States' Other Construction Vehicles exports accounted up to $69.6M and imports accounted up to $115M, resulting in a negative trade balance of $45.8M. Between February 2022 and February 2023 the exports of United States' Other Construction Vehicles have decreased by $-17.9M (-20.5%) from $87.5M to $69.6M, while imports increased by $27.2M (30.9%) from $88.2M to $115M.
Destinations In February 2023, Other Construction Vehicles were exported mostly to Canada ($27.3M), Australia ($4.72M), Netherlands ($4.58M), Mexico ($4.16M), and Singapore ($4M), and were imported mostly from Germany ($23.5M), Italy ($22.5M), Canada ($19.8M), Finland ($15.8M), and South Korea ($9.86M).
Growth In February 2023, the decrease in Other Construction Vehicles's year-by-year exports was explained primarily by a decrease in exports to Indonesia ($-3.02M or -93.2%), Peru ($-2.25M or -93.5%), and Mexico ($-2.21M or -65.9%). In February 2023, the increase in Other Construction Vehicles's year-by-year imports was explained primarily by an increase in imports from Canada ($9.94M or 131%), China ($6.3M or 109%), and Mexico ($4.37M or 58.8%).
EXPORT GROWTH (February 2022 - February 2023): $-17.9M, (-20.5%)
IMPORT GROWTH (February 2022 - February 2023): $27.2M, (30.9%)
MAIN EXPORTER (February 2023): Texas, $19.2M
MAIN DESTINATION (February 2023): Canada, $27.3M
This section shows Other Construction Vehicles'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 Construction Vehicles over time.
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EXPORTS (2021): $1.02B
IMPORTS (2021): $1.3B
NET TRADE (2021): -$283M
In 2021, United States exported $1.02B in Other Construction Vehicles. The main destinations of United States exports on Other Construction Vehicles were Canada ($309M), Australia ($55.3M), Russia ($51.5M), Netherlands ($43.9M), and Mexico ($41.7M).
In 2021, United States imported $1.3B in Other Construction Vehicles, mainly from Canada ($241M), Germany ($238M), China ($182M), Italy ($131M), and Mexico ($75M).
THE FASTEST GROWING Other Construction Vehicles EXPORT MARKETS FOR United States WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Construction Vehicles BY United States WERE (2020 - 2021):
In 2021, United States's main exporting competitors in Other Construction Vehicles were:
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