Sound Recordings in United States

EXPORTS (2018): $272M, World Rnk 1 / 121
Flag Rnk 486 / 1222

TOP DESTINATION (2018): $157M, Mexico

FASTEST GROWING MARKET (2017 - 2018): $23.4M, Saudi Arabia

IMPORTS (2018): $366M, World Rnk 1 / 190
Flag Rnk 550 / 1217

TOP ORIGIN (2018): $252M, Mexico

FASTEST GROWING ORIGIN (2017 - 2018): $39.1M, Mexico

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

PRODUCT COMPLEXITY  IN Sound Recordings (2018): 1.16, Rnk 121 / 1018

Exports: In 2018, United States exported $272M in Sound Recordings, making it the 1st largest exporter of Sound Recordings in the world. At the same year, Sound Recordings was the 486th most exported product in United States. The main destination of Sound Recordings exports from United States are: Mexico ($157M), Saudi Arabia ($23.4M), China ($12.6M), United Kingdom ($9.83M), and Germany ($7.74M).

The fastest growing export markets for Sound Recordings of United States between 2017 and 2018 were Saudi Arabia ($23.4M), Chinese Taipei ($3.29M), and Mexico ($3.08M).

Imports: In 2018, United States imported $366M in Sound Recordings, becoming the 1st largest importer of Sound Recordings in the world. At the same year, Sound Recordings was the 550th most imported product in United States. United States imports Sound Recordings primarily from: Mexico ($252M), Czechia ($20.5M), Germany ($17.9M), United Kingdom ($12.4M), and Chinese Taipei ($11M).

The fastest growing import markets in Sound Recordings for United States between 2017 and 2018 were Mexico ($39.1M), Chinese Taipei ($11M), and Canada ($9.54M).

Value

EXPORTS (2018): $272M

IMPORTS (2018): $366M

NET TRADE (2018): -$94M

In 2018, United States exported $272M in Sound Recordings. The main destinations of United States exports on Sound Recordings were Mexico ($157M), Saudi Arabia ($23.4M), China ($12.6M), United Kingdom ($9.83M), and Germany ($7.74M).

In 2018, United States imported $366M in Sound Recordings, mainly from Mexico ($252M), Czechia ($20.5M), Germany ($17.9M), United Kingdom ($12.4M), and Chinese Taipei ($11M).

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IN 2018, United States HAD A POSITIVE NET TRADE IN Sound Recordings WITH:

IN 2018, United States HAD A NEGATIVE NET TRADE IN Sound Recordings WITH:

Flow

THE FASTEST GROWING Sound Recordings EXPORT MARKETS FOR United States WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sound Recordings BY United States WERE (2017 - 2018):

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Market Concentration

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Flow
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In 2018, United States's main exporting competitors in Sound Recordings were:

In 2018, United States's main importing competitors in Sound Recordings were:

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Trade Forecasts

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This section shows forecasts for total exports and imports, for Sound Recordings 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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