HS Icon Sound Recordings in  Flag United States

2020
Exports | Imports
: $242M | $351M, World Rnk 1 / 164
Flag Rnk 490 / 1217 | World Rnk 1 / 206
Flag Rnk 541 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $12.6M | $29.9M, Saudi Arabia |  Colombia

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

2020
PRODUCT COMPLEXITY  IN Sound Recordings
: 0.87, Rnk 221 / 1029

Exports In 2020, United States exported $242M in Sound Recordings, making it the 1st largest exporter of Sound Recordings in the world. At the same year, Sound Recordings was the 490th most exported product in United States. The main destination of Sound Recordings exports from United States are: Mexico ($91.7M), Canada ($21.8M), Saudi Arabia ($18.7M), China ($14.6M), and United Kingdom ($10.1M).

The fastest growing export markets for Sound Recordings of United States between 2019 and 2020 were Saudi Arabia ($12.6M), Mongolia ($8.03M), and Indonesia ($2.88M).

Imports In 2020, United States imported $351M in Sound Recordings, becoming the 1st largest importer of Sound Recordings in the world. At the same year, Sound Recordings was the 541st most imported product in United States. United States imports Sound Recordings primarily from: Mexico ($191M), Colombia ($29.9M), Germany ($21.9M), Czechia ($21.4M), and Canada ($21.4M).

The fastest growing import markets in Sound Recordings for United States between 2019 and 2020 were Colombia ($29.9M), Canada ($7.73M), and Germany ($5.77M).

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Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Sound Recordings. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2020): $242M

IMPORTS (2020): $351M

NET TRADE (2020): -$109M

In 2020, United States exported $242M in Sound Recordings. The main destinations of United States exports on Sound Recordings were Mexico ($91.7M), Canada ($21.8M), Saudi Arabia ($18.7M), China ($14.6M), and United Kingdom ($10.1M).

In 2020, United States imported $351M in Sound Recordings, mainly from Mexico ($191M), Colombia ($29.9M), Germany ($21.9M), Czechia ($21.4M), and Canada ($21.4M).

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THE FASTEST GROWING Sound Recordings EXPORT MARKETS FOR United States WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sound Recordings 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 Sound Recordings were:

In 2020, United States's main importing competitors in Sound Recordings were:

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