Tobacco Processing Machines in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $46.1M in Tobacco Processing Machines, making it the 6th largest exporter of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 875th most exported product in United States. The main destination of Tobacco Processing Machines exports from United States are: Dominican Republic ($20.3M), Canada ($4.98M), Mexico ($4.42M), China ($2.92M), and Germany ($2.12M).

The fastest growing export markets for Tobacco Processing Machines of United States between 2021 and 2022 were China ($2.84M), Mexico ($1.84M), and Canada ($1.82M).

Imports In 2022, United States imported $83.3M in Tobacco Processing Machines, becoming the 3rd largest importer of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 905th most imported product in United States. United States imports Tobacco Processing Machines primarily from: Italy ($22.7M), Germany ($22.4M), China ($7.67M), United Kingdom ($5.31M), and Indonesia ($4.07M).

The fastest growing import markets in Tobacco Processing Machines for United States between 2021 and 2022 were South Africa ($2.24M), Hungary ($1.84M), and Germany ($1.79M).

Latest Trends

January 2024

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Overview In January 2024 United States' Tobacco Processing Machines exports accounted up to $2.94M and imports accounted up to $10.1M, resulting in a negative trade balance of $7.14M. Between January 2023 and January 2024 the exports of United States' Tobacco Processing Machines have decreased by $-2.7M (-47.9%) from $5.65M to $2.94M, while imports increased by $7.63M (311%) from $2.45M to $10.1M.

Destinations In January 2024, Tobacco Processing Machines were exported mostly to Dominican Republic ($1.3M), Argentina ($650k), Canada ($377k), India ($255k), and Germany ($126k), and were imported mostly from Germany ($4.75M), Italy ($3.4M), China ($499k), United Kingdom ($388k), and Netherlands ($198k).

Growth In January 2024, the decrease in Tobacco Processing Machines's year-by-year exports was explained primarily by a decrease in exports to Guatemala ($-83.5k or -51.5%) and Mexico ($-57.4k or -45.5%). In January 2024, the increase in Tobacco Processing Machines's year-by-year imports was explained primarily by an increase in imports from Netherlands ($128k or 61.2%), Hungary ($92.6k or 45.1%), and Sweden ($1.79k or 2.27%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-2.7M(-47.9%)

IMPORT GROWTH (January 2023 - January 2024)$7.63M(311%)

MAIN EXPORTER (January 2024)Florida$1.36M

MAIN DESTINATION (January 2024)Dominican Republic$1.3M

This section shows Tobacco Processing 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 Tobacco Processing Machines over time.

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