Other Office Machines in United States

EXPORTS (2018): $114M, World Rnk 9 / 138
Flag Rnk 682 / 1222

TOP DESTINATION (2018): $15.8M, Germany

FASTEST GROWING MARKET (2017 - 2018): $1.79M, Costa Rica

IMPORTS (2018): $868M, World Rnk 1 / 204
Flag Rnk 380 / 1217

TOP ORIGIN (2018): $336M, China

FASTEST GROWING ORIGIN (2017 - 2018): $29.5M, Hungary

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

PRODUCT COMPLEXITY  IN Other Office Machines (2018): 0.85, Rnk 224 / 1018

Overview: This page contains the latest trade data of Other Office Machines in United States.

Exports: In 2018, United States exported $114M in Other Office Machines, making it the 9th largest exporter of Other Office Machines in the world. At the same year, Other Office Machines was the 682nd most exported product in United States. The main destination of Other Office Machines exports from United States are: Germany ($15.8M), United Kingdom ($12.9M), Australia ($7.96M), Japan ($5.74M), and Canada ($4.54M).

The fastest growing export markets for Other Office Machines of United States between 2017 and 2018 were Costa Rica ($1.79M), Germany ($1.75M), and India ($1.54M).

Imports: In 2018, United States imported $868M in Other Office Machines, becoming the 1st largest importer of Other Office Machines in the world. At the same year, Other Office Machines was the 380th most imported product in United States. United States imports Other Office Machines primarily from: China ($336M), South Korea ($124M), Hungary ($79.1M), Germany ($75.5M), and Philippines ($60.4M).

The fastest growing import markets in Other Office Machines for United States between 2017 and 2018 were Hungary ($29.5M), South Korea ($28.6M), and Germany ($23.5M).

Tariffs: In 2018, the average tariff for United States in Other Office Machines was 0.1%. The countries with the highest import tariffs for Other Office Machines were Equatorial Guinea (0.22%), Libya (0.22%), Mayotte (0.22%), Reunion (0.22%), and Sudan (0.22%).

Overview: In August 2020 United States' Other Office Machines exports accounted up to $14.4M and imports accounted up to $78M, resulting in a negative trade balance of $63.7M. Between August 2019 and August 2020 the exports of United States'   Other Office Machines have decreased by $-1.07M (-6.96%) from $15.4M to $14.4M, while imports decreased by $-15.4M (-16.5%) from $93.5M to $78M.

Destinations: In August 2020 Other Office Machines exported mostly to Canada ($6.01M), Egypt ($1.72M), Mexico ($1.21M), Japan ($740k), and Thailand ($700k), and imported mostly from China ($19.5M), South Korea ($14M), Mexico ($10.7M), Germany ($9.05M), and Italy ($4.56M).

Growth: In August 2020, the decrease in Other Office Machines's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-1.03M or -81.8%), Luxembourg ($-645k or -97.4%), and India ($-397k or -92%). In August 2020, the decrease in Other Office Machines's year-by-year imports was explained primarily by a decrease in imports from Hungary ($-12.5M or -90.6%), Mexico ($-9.07M or -45.8%), and Canada ($-2.45M or -96.7%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (August 2019 - August 2020): $-1.07M, (-6.96%)

IMPORT GROWTH (August 2019 - August 2020): $-15.4M, (-16.5%)

MAIN EXPORTER (August 2020): Texas, $6.97M

MAIN DESTINATION (August 2020): Canada, $6.01M

This section shows Other Office Machines'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 Office Machines over time.

Value

EXPORTS (2018): $114M

IMPORTS (2018): $868M

NET TRADE (2018): -$754M

In 2018, United States exported $114M in Other Office Machines. The main destinations of United States exports on Other Office Machines were Germany ($15.8M), United Kingdom ($12.9M), Australia ($7.96M), Japan ($5.74M), and Canada ($4.54M).

In 2018, United States imported $868M in Other Office Machines, mainly from China ($336M), South Korea ($124M), Hungary ($79.1M), Germany ($75.5M), and Philippines ($60.4M).

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IN 2018, United States HAD A POSITIVE NET TRADE IN Other Office Machines WITH:

  • Australia, $7.73M ($7.96M - $234k)
  • Colombia, $3.52M ($3.53M - $7.62k)
  • Brazil, $3.48M ($3.52M - $35.3k)

IN 2018, United States HAD A NEGATIVE NET TRADE IN Other Office Machines WITH:

  • China, -$334M ($2.19M - $336M)
  • South Korea, -$122M ($2.48M - $124M)
  • Hungary, -$78.7M ($450k - $79.1M)
Flow

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

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

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Market Concentration

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Type

In 2018, United States's main exporting competitors in Other Office Machines were:

In 2018, United States's main importing competitors in Other Office Machines were:

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Trade Forecasts

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Time

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

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Tariffs by Country

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In 2018, the average tariff for United States in Other Office Machines was 0.1%.

The countries with the highest tariffs for Other Office Machines in United States were Equatorial Guinea (0.22%), Libya (0.22%), Mayotte (0.22%), Reunion (0.22%), and Sudan (0.22%).

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