Exports In 2020, United States exported $12.4B in Photo Lab Equipment, making it the 1st largest exporter of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 20th most exported product in United States. The main destination of Photo Lab Equipment exports from United States are: China ($4B), South Korea ($3.28B), Chinese Taipei ($2.25B), Japan ($1.35B), and Singapore ($633M).
The fastest growing export markets for Photo Lab Equipment of United States between 2019 and 2020 were South Korea ($1.36B), China ($1.05B), and Japan ($386M).
Imports In 2020, United States imported $3.83B in Photo Lab Equipment, becoming the 4th largest importer of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 112th most imported product in United States. United States imports Photo Lab Equipment primarily from: Japan ($1.54B), Netherlands ($795M), Singapore ($533M), China ($260M), and Chinese Taipei ($151M).
The fastest growing import markets in Photo Lab Equipment for United States between 2019 and 2020 were China ($147M), Chinese Taipei ($90.9M), and Malaysia ($59.4M).
Tariffs In 2018, the average tariff for United States in Photo Lab Equipment was 0.5%. The countries with the highest import tariffs for Photo Lab Equipment were Equatorial Guinea (Most Favoured Nation duty rate treatement, 0.66%), Libya (Most Favoured Nation duty rate treatement, 0.66%), Mayotte (Most Favoured Nation duty rate treatement, 0.66%), Reunion (Most Favoured Nation duty rate treatement, 0.66%), and Sudan (Most Favoured Nation duty rate treatement, 0.66%).