2022
Exports
$4.57BWorld Rnk 3 / 216
Flag Rnk 79 / 1217
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.33Rnk 86 / 1025
2022
Imports
$18.2BWorld Rnk 1 / 224
Flag Rnk 27 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $4.57B in Other Electrical Machinery, making it the 3rd largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 79th most exported product in United States. The main destination of Other Electrical Machinery exports from United States are: Mexico ($927M), Canada ($620M), China ($342M), Japan ($249M), and South Korea ($241M).

The fastest growing export markets for Other Electrical Machinery of United States between 2021 and 2022 were Mexico ($128M), Thailand ($55.7M), and Canada ($48.9M).

Imports In 2022, United States imported $18.2B in Other Electrical Machinery, becoming the 1st largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 27th most imported product in United States. United States imports Other Electrical Machinery primarily from: China ($6.7B), Mexico ($2.73B), Malaysia ($1.73B), Indonesia ($1.05B), and Thailand ($1.04B).

The fastest growing import markets in Other Electrical Machinery for United States between 2021 and 2022 were China ($1.48B), Malaysia ($1.1B), and Indonesia ($957M).

COMPANIES In 2023, leading companies such as BSH Home Appliances (261), Panasonic (195), and YAMAHA CORPORATION OF AMERICA (95) were at the forefront of shipping Other Electrical Machinery to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$74.9M(16%)
IMPORT GROWTH (August 2023 - August 2024)$99.5M(7.38%)
MAIN EXPORTER (August 2024)Texas$146M
MAIN DESTINATION (August 2024)Mexico$198M

This section shows Other Electrical 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 Electrical Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.57B
IMPORTS (2022)$18.2B
NET TRADE (2022)-$13.6B

In 2022, United States exported $4.57B in Other Electrical Machinery. The main destinations of United States exports on Other Electrical Machinery were Mexico ($927M), Canada ($620M), China ($342M), Japan ($249M), and South Korea ($241M).

In 2022, United States imported $18.2B in Other Electrical Machinery, mainly from China ($6.7B), Mexico ($2.73B), Malaysia ($1.73B), Indonesia ($1.05B), and Thailand ($1.04B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$128M (16.1%)
Thailand$55.7M (135%)
Canada$48.9M (8.57%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY United States WERE (2021 - 2022):
Japan-$35.8M (-12.6%)
Russia-$19.4M (-85.4%)
Hong Kong-$12.2M (-19.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Other Electrical Machinery were:
China $27.5B
Germany $4.81B
In 2022, United States's main importing competitors in Other Electrical Machinery were:
China $4.55B
Germany $3.76B

Explore Visualizations

Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $108M
TOP IMPORT POTENTIALChina+ $470M

Other Electrical Machinery’s highest export potential is China. With an export gap of $108M.   Other Electrical Machinery’s highest import potential is China with an import gap of $470M.

See methodology.

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