Other Electrical Machinery in United States

EXPORTS (2018): $4.31B, World Rnk 2 / 179
Flag Rnk 65 / 1222

TOP DESTINATION (2018): $1.26B, Mexico

FASTEST GROWING MARKET (2017 - 2018): $1.25B, Mexico

IMPORTS (2018): $11.7B, World Rnk 1 / 220
Flag Rnk 36 / 1217

TOP ORIGIN (2018): $6B, China

FASTEST GROWING ORIGIN (2017 - 2018): $1.81B, China

ECONOMIC COMPLEXITY of United States (2018): 1.57, Rnk 9 / 137

PRODUCT COMPLEXITY  IN Other Electrical Machinery (2018): 1.25, Rnk 91 / 1018

Overview: This page contains the latest trade data of Other Electrical Machinery in United States.

Exports: In 2018, United States exported $4.31B in Other Electrical Machinery, making it the 2nd largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 65th most exported product in United States. The main destination of Other Electrical Machinery exports from United States are: Mexico ($1.26B), China ($291M), Japan ($262M), Qatar ($256M), and South Korea ($225M).

The fastest growing export markets for Other Electrical Machinery of United States between 2017 and 2018 were Mexico ($1.25B), Qatar ($256M), and China ($193M).

Imports: In 2018, United States imported $11.7B 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 36th most imported product in United States. United States imports Other Electrical Machinery primarily from: China ($6B), Mexico ($2.04B), Germany ($559M), Japan ($550M), and Canada ($547M).

The fastest growing import markets in Other Electrical Machinery for United States between 2017 and 2018 were China ($1.81B), Thailand ($201M), and Philippines ($177M).

Tariffs: In 2018, the average tariff for United States in Other Electrical Machinery was 0.5%. The countries with the highest import tariffs for Other Electrical Machinery were Equatorial Guinea (1.04%), Libya (1.04%), Mayotte (1.04%), Reunion (1.04%), and Sudan (1.04%).

Overview: In August 2020 United States' Other Electrical Machinery exports accounted up to $362M and imports accounted up to $736M, resulting in a negative trade balance of $374M. Between August 2019 and August 2020 the exports of United States'   Other Electrical Machinery have decreased by $-106M (-22.7%) from $468M to $362M, while imports decreased by $-77.3M (-9.5%) from $813M to $736M.

Destinations: In August 2020 Other Electrical Machinery exported mostly to Mexico ($73.6M), Canada ($55.2M), China ($34M), Japan ($25.3M), and Singapore ($18.4M), and imported mostly from China ($180M), Mexico ($167M), Japan ($71.3M), Germany ($59M), and Taiwan ($57.2M).

Growth: In August 2020, the decrease in Other Electrical Machinery's year-by-year exports was explained primarily by a decrease in exports to Qatar ($-59.5M or -97.1%), Mexico ($-32.2M or -30.4%), and Kuwait ($-12.2M or -89.8%). In August 2020, the decrease in Other Electrical Machinery's year-by-year imports was explained primarily by a decrease in imports from China ($-85.2M or -32.1%), Mexico ($-25.2M or -13.1%), and Canada ($-4.82M or -11.3%).

Subnational Monthly Trade

#permalink to section
Flow
Value

EXPORT GROWTH (August 2019 - August 2020): $-106M, (-22.7%)

IMPORT GROWTH (August 2019 - August 2020): $-77.3M, (-9.5%)

MAIN EXPORTER (August 2020): Texas, $73.3M

MAIN DESTINATION (August 2020): Mexico, $73.6M

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.

Value

EXPORTS (2018): $4.31B

IMPORTS (2018): $11.7B

NET TRADE (2018): -$7.35B

In 2018, United States exported $4.31B in Other Electrical Machinery. The main destinations of United States exports on Other Electrical Machinery were Mexico ($1.26B), China ($291M), Japan ($262M), Qatar ($256M), and South Korea ($225M).

In 2018, United States imported $11.7B in Other Electrical Machinery, mainly from China ($6B), Mexico ($2.04B), Germany ($559M), Japan ($550M), and Canada ($547M).

Explore Visualizations

IN 2018, United States HAD A POSITIVE NET TRADE IN Other Electrical Machinery WITH:

  • Qatar, $256M ($256M - $0)
  • Netherlands, $129M ($159M - $29.4M)
  • Ireland, $96.5M ($106M - $9.42M)

IN 2018, United States HAD A NEGATIVE NET TRADE IN Other Electrical Machinery WITH:

  • China, -$5.71B ($291M - $6B)
  • Mexico, -$782M ($1.26B - $2.04B)
  • Canada, -$547M ($715k - $547M)
Flow

THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR United States WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY United States WERE (2017 - 2018):

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

In 2018, United States's main exporting competitors in Other Electrical Machinery were:

In 2018, United States's main importing competitors in Other Electrical Machinery were:

Explore Visualizations

Trade Forecasts

#permalink to section

Time

This section shows forecasts for total exports and imports, for Other Electrical Machinery in United States. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

Explore Forecasts

Tariffs by Country

#permalink to section

In 2018, the average tariff for United States in Other Electrical Machinery was 0.5%.

The countries with the highest tariffs for Other Electrical Machinery in United States were Equatorial Guinea (1.04%), Libya (1.04%), Mayotte (1.04%), Reunion (1.04%), and Sudan (1.04%).

Explore Tariff Data