HS Icon Photo Lab Equipment in  Flag United States

2020
Exports | Imports
: $12.4B | $3.83B, World Rnk 1 / 121
Flag Rnk 20 / 1217 | World Rnk 4 / 203
Flag Rnk 112 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.36B | $147M, South Korea |  China

2020
ECONOMIC COMPLEXITY of United States
: 1.56, Rnk 9 / 127

2020
PRODUCT COMPLEXITY  IN Photo Lab Equipment
: 2.15, Rnk 3 / 1029

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%).

November 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (November 2021 - November 2022): $984k, (25.5%)

IMPORT GROWTH (November 2021 - November 2022): $-3.15M, (-38.3%)

MAIN EXPORTER (November 2022): Florida, $1.21M

MAIN DESTINATION (November 2022): Canada, $1.16M

This section shows Photo Lab Equipment'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 Photo Lab Equipment over time.

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Historical Data

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EXPORTS (2020): $12.4B

IMPORTS (2020): $3.83B

NET TRADE (2020): $8.53B

In 2020, United States exported $12.4B in Photo Lab Equipment. The main destinations of United States exports on Photo Lab Equipment were China ($4B), South Korea ($3.28B), Chinese Taipei ($2.25B), Japan ($1.35B), and Singapore ($633M).

In 2020, United States imported $3.83B in Photo Lab Equipment, mainly from Japan ($1.54B), Netherlands ($795M), Singapore ($533M), China ($260M), and Chinese Taipei ($151M).

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Flow

THE FASTEST GROWING Photo Lab Equipment EXPORT MARKETS FOR United States WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photo Lab Equipment BY United States WERE (2019 - 2020):

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Market Concentration

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In 2020, United States's main exporting competitors in Photo Lab Equipment were:

In 2020, United States's main importing competitors in Photo Lab Equipment were:

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