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2023
Exports $72.5MWorld Rnk 6 / 148
Flag Rnk 764 / 1217
2023
Destination $4.51M China
2022 - 2023
FASTEST GROWING MARKET $4.51MChina
2023
PRODUCT COMPLEXITY IN Rolling Machines1.88Rnk 5 / 1025
2023
Imports $227MWorld Rnk 2 / 203
Flag Rnk 711 / 1215
2023
Origin $19.6M Italy
2022 - 2023
FASTEST GROWING ORIGIN $19.6MSouth Korea
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $72.5M in Rolling Machines, making it the 6th largest exporter of Rolling Machines in the world. At the same year, Rolling Machines was the 764th most exported product in United States. The main destination of Rolling Machines exports from United States are: China ($12.4M), Canada ($8.64M), Italy ($7.46M), Mexico ($5.54M), and Belgium ($4.65M).

The fastest growing export markets for Rolling Machines of United States between 2022 and 2023 were China ($4.51M), Malaysia ($4.15M), and Italy ($2.97M).

Imports In 2023, United States imported $227M in Rolling Machines, becoming the 2nd largest importer of Rolling Machines in the world. At the same year, Rolling Machines was the 711th most imported product in United States. United States imports Rolling Machines primarily from: Italy ($53.8M), Germany ($53.6M), China ($37.2M), South Korea ($23.2M), and Chinese Taipei ($8.74M).

The fastest growing import markets in Rolling Machines for United States between 2022 and 2023 were South Korea ($19.6M), Germany ($5.03M), and United Kingdom ($2.9M).

COMPANIES In 2023, leading companies such as Design Within Reach (1), Tesla (1), and CrimsonLogic (1) were at the forefront of shipping Rolling Machines to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Rolling Machines exports accounted up to $4.76M and imports accounted up to $37.3M, resulting in a negative trade balance of $32.5M. Between November 2023 and November 2024 the exports of United States'   Rolling Machines have decreased by $-2.22M (-31.8%) from $6.99M to $4.76M, while imports increased by $19.8M (114%) from $17.4M to $37.3M.

Destinations In November 2024, Rolling Machines were exported mostly to Ireland ($1.62M), Canada ($828k), Hong Kong ($494k), Mexico ($447k), and Germany ($363k), and were imported mostly from Germany ($11.3M), Chinese Taipei ($9.09M), Italy ($4.48M), China ($4.2M), and Czechia ($2.46M).

Growth In November 2024, the decrease in Rolling Machines's year-by-year exports was explained primarily by a decrease in exports to Canada ($-156k or -17.2%), Colombia ($-98.4k or -39.2%), and Dominican Republic ($-82.4k or -91.2%). In November 2024, the increase in Rolling Machines's year-by-year imports was explained primarily by an increase in imports from South Korea ($1.11M or 333%), Chinese Taipei ($393k or 62.1%), and Sweden ($149k or 51.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-2.22M(-31.8%)
IMPORT GROWTH (November 2023 - November 2024)$19.8M(114%)
MAIN EXPORTER (November 2024)Wisconsin$2.52M
MAIN DESTINATION (November 2024)Ireland$1.62M

This section shows Rolling 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 Rolling Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$72.5M
IMPORTS (2023)$227M
NET TRADE (2023)-$155M

In 2023, United States exported $72.5M in Rolling Machines. The main destinations of United States exports on Rolling Machines were China ($12.4M), Canada ($8.64M), Italy ($7.46M), Mexico ($5.54M), and Belgium ($4.65M).

In 2023, United States imported $227M in Rolling Machines, mainly from Italy ($53.8M), Germany ($53.6M), China ($37.2M), South Korea ($23.2M), and Chinese Taipei ($8.74M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rolling Machines EXPORT MARKETS FOR United States WERE (2022 - 2023):
China$4.51M (56.9%)
Malaysia$4.15M (1.83k%)
Italy$2.97M (66.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rolling Machines BY United States WERE (2022 - 2023):
Belgium-$2.52M (-35.2%)
Australia-$2.15M (-76.1%)
India-$822k (-38.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Rolling Machines were:
Germany $255M
China $243M
Italy $231M
In 2023, United States's main importing competitors in Rolling Machines were:
China $321M
Germany $81.5M

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Trade Value of Rolling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.01M
TOP IMPORT POTENTIALJapan+ $3.79M

Rolling Machines’s highest export potential is China. With an export gap of $2.01M.   Rolling Machines’s highest import potential is Japan with an import gap of $3.79M.

See methodology.

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