Rolling Machines in United States 2020 Exports | Imports : $54M | $140M, World Rnk 6 / 126 Rnk 811 / 1217 | World Rnk 2 / 198 Rnk 762 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $6.16M | $11.1M, Russia | Germany
Exports In 2020, United States exported $54M in Rolling Machines, making it the 6th largest exporter of Rolling Machines in the world. At the same year, Rolling Machines was the 811th most exported product in United States. The main destination of Rolling Machines exports from United States are: Canada ($6.47M), Russia ($6.42M), Mexico ($6.08M), Germany ($5.43M), and Ghana ($3.29M).
The fastest growing export markets for Rolling Machines of United States between 2019 and 2020 were Russia ($6.16M), Angola ($1.6M), and Saudi Arabia ($1.06M).
Imports In 2020, United States imported $140M in Rolling Machines, becoming the 2nd largest importer of Rolling Machines in the world. At the same year, Rolling Machines was the 762nd most imported product in United States. United States imports Rolling Machines primarily from: Germany ($43.6M), Italy ($32.2M), Finland ($11.4M), Japan ($6.77M), and China ($6.54M).
The fastest growing import markets in Rolling Machines for United States between 2019 and 2020 were Germany ($11.1M), Finland ($10.7M), and Brazil ($1.46M).
Tariffs In 2019, the average tariff for United States in Rolling Machines was 0.75%. The countries with the highest import tariffs for Rolling Machines were Burundi (Most Favoured Nation duty rate treatement, 1.07%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 1.07%), Algeria (Most Favoured Nation duty rate treatement, 1.07%), Egypt (Most Favoured Nation duty rate treatement, 1.07%), and Eritrea (Most Favoured Nation duty rate treatement, 1.07%).
January 2022
Overview In January 2022 United States' Rolling Machines exports accounted up to $2.37M and imports accounted up to $18.2M, resulting in a negative trade balance of $15.9M. Between January 2021 and January 2022 the exports of United States' Rolling Machines have decreased by $-2.6M (-52.4%) from $4.97M to $2.37M, while imports increased by $3.54M (24.1%) from $14.7M to $18.2M.
Destinations In January 2022, Rolling Machines were exported mostly to Canada ($908k), Colombia ($251k), Mexico ($180k), India ($173k), and Germany ($153k), and were imported mostly from China ($5.92M), Germany ($5.73M), Italy ($3.21M), Taiwan ($632k), and Japan ($479k).
Growth In January 2022, the decrease in Rolling Machines's year-by-year exports was explained primarily by a decrease in exports to Russia ($-1.25M or -99.5%), Angola ($-616k or -99.6%), and Mexico ($-296k or -61.2%). In January 2022, the increase in Rolling Machines's year-by-year imports was explained primarily by an increase in imports from Italy ($1.5M or 66.3%), Sweden ($599k or 360%), and Austria ($333k or 1.94k%).
EXPORT GROWTH (January 2021 - January 2022): $-2.6M, (-52.4%)
IMPORT GROWTH (January 2021 - January 2022): $3.54M, (24.1%)
MAIN EXPORTER (January 2022): Illinois, $287k
MAIN DESTINATION (January 2022): Canada, $908k
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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EXPORTS (2020): $54M
IMPORTS (2020): $140M
NET TRADE (2020): -$85.7M
In 2020, United States exported $54M in Rolling Machines. The main destinations of United States exports on Rolling Machines were Canada ($6.47M), Russia ($6.42M), Mexico ($6.08M), Germany ($5.43M), and Ghana ($3.29M).
In 2020, United States imported $140M in Rolling Machines, mainly from Germany ($43.6M), Italy ($32.2M), Finland ($11.4M), Japan ($6.77M), and China ($6.54M).
IN 2020, United States HAD A POSITIVE NET TRADE IN Rolling Machines WITH:
IN 2020, United States HAD A NEGATIVE NET TRADE IN Rolling Machines WITH:
THE FASTEST GROWING Rolling Machines EXPORT MARKETS FOR United States WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rolling Machines BY United States WERE (2019 - 2020):
In 2019, United States's main exporting competitors in Rolling Machines were:
In 2019, the average tariff for United States in Rolling Machines was 0.75%.
The countries with the highest tariffs for Rolling Machines in United States were Burundi (Most Favoured Nation duty rate treatement, 1.07%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 1.07%), Algeria (Most Favoured Nation duty rate treatement, 1.07%), Egypt (Most Favoured Nation duty rate treatement, 1.07%), and Eritrea (Most Favoured Nation duty rate treatement, 1.07%).
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