Other Heating Machinery in United States 2019 Exports | Imports : $4.2B | $6.39B, World Rnk 3 / 207 Rnk 70 / 1217 | World Rnk 1 / 223 Rnk 74 / 1215
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $68.9M | $213M, Canada | Mexico
2019 ECONOMIC COMPLEXITY of United States: 1.59, Rnk 9 / 147
2019 PRODUCT COMPLEXITY IN Other Heating Machinery: 1.35, Rnk 74 / 1029
Exports In 2019, United States exported $4.2B in Other Heating Machinery, making it the 3rd largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 70th most exported product in United States. The main destination of Other Heating Machinery exports from United States are: Canada ($1.04B), Mexico ($434M), China ($299M), Germany ($217M), and United Kingdom ($194M).
The fastest growing export markets for Other Heating Machinery of United States between 2018 and 2019 were Canada ($68.9M), South Korea ($39.9M), and Indonesia ($29.2M).
Imports In 2019, United States imported $6.39B in Other Heating Machinery, becoming the 1st largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 74th most imported product in United States. United States imports Other Heating Machinery primarily from: Mexico ($1.16B), Germany ($848M), China ($681M), Canada ($674M), and Japan ($452M).
The fastest growing import markets in Other Heating Machinery for United States between 2018 and 2019 were Mexico ($213M), Switzerland ($169M), and South Korea ($65.1M).
Tariffs In 2019, the average tariff for United States in Other Heating Machinery was 0.51%. The countries with the highest import tariffs for Other Heating Machinery were Burundi (Most Favoured Nation duty rate treatement, 0.72%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 0.72%), Algeria (Most Favoured Nation duty rate treatement, 0.72%), Egypt (Most Favoured Nation duty rate treatement, 0.72%), and Eritrea (Most Favoured Nation duty rate treatement, 0.72%).
September 2021
Overview In September 2021 United States' Other Heating Machinery exports accounted up to $369M and imports accounted up to $537M, resulting in a negative trade balance of $168M. Between September 2020 and September 2021 the exports of United States' Other Heating Machinery have increased by $91.6M (33.1%) from $277M to $369M, while imports increased by $99.4M (22.7%) from $437M to $537M.
Destinations In September 2021, Other Heating Machinery were exported mostly to Canada ($115M), Mexico ($41.3M), Singapore ($26.5M), China ($25.2M), and United Kingdom ($21.7M), and were imported mostly from Mexico ($85.4M), China ($71.5M), Canada ($55.5M), Germany ($50M), and Japan ($43.6M).
Growth In September 2021, the increase in Other Heating Machinery's year-by-year exports was explained primarily by an increase in exports to N/A. In September 2021, the increase in Other Heating Machinery's year-by-year imports was explained primarily by an increase in imports from China ($23.6M or 49.3%), France ($19.2M or 169%), and South Korea ($16M or 59.9%).
EXPORT GROWTH (September 2020 - September 2021): $91.6M, (33.1%)
IMPORT GROWTH (September 2020 - September 2021): $99.4M, (22.7%)
MAIN EXPORTER (September 2021): California, $39.7M
MAIN DESTINATION (September 2021): Canada, $115M
This section shows Other Heating 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 Heating Machinery over time.
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EXPORTS (2019): $4.2B
IMPORTS (2019): $6.39B
NET TRADE (2019): -$2.2B
In 2019, United States exported $4.2B in Other Heating Machinery. The main destinations of United States exports on Other Heating Machinery were Canada ($1.04B), Mexico ($434M), China ($299M), Germany ($217M), and United Kingdom ($194M).
In 2019, United States imported $6.39B in Other Heating Machinery, mainly from Mexico ($1.16B), Germany ($848M), China ($681M), Canada ($674M), and Japan ($452M).
IN 2019, United States HAD A POSITIVE NET TRADE IN Other Heating Machinery WITH:
IN 2019, United States HAD A NEGATIVE NET TRADE IN Other Heating Machinery WITH:
THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR United States WERE (2018 - 2019):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY United States WERE (2018 - 2019):
In 2019, United States's main exporting competitors in Other Heating Machinery were:
In 2019, the average tariff for United States in Other Heating Machinery was 0.51%.
The countries with the highest tariffs for Other Heating Machinery in United States were Burundi (Most Favoured Nation duty rate treatement, 0.72%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 0.72%), Algeria (Most Favoured Nation duty rate treatement, 0.72%), Egypt (Most Favoured Nation duty rate treatement, 0.72%), and Eritrea (Most Favoured Nation duty rate treatement, 0.72%).