2022
Exports
$7.44BWorld Rnk 3 / 219
Flag Rnk 43 / 1217
2022
PRODUCT COMPLEXITY IN Transmissions
1.46Rnk 62 / 1025
2022
Imports
$10.7BWorld Rnk 1 / 225
Flag Rnk 63 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $7.44B in Transmissions, making it the 3rd largest exporter of Transmissions in the world. At the same year, Transmissions was the 43rd most exported product in United States. The main destination of Transmissions exports from United States are: Canada ($1.87B), Mexico ($1.48B), China ($535M), Brazil ($372M), and Germany ($338M).

The fastest growing export markets for Transmissions of United States between 2021 and 2022 were Canada ($233M), Mexico ($192M), and Brazil ($70.3M).

Imports In 2022, United States imported $10.7B in Transmissions, becoming the 1st largest importer of Transmissions in the world. At the same year, Transmissions was the 63rd most imported product in United States. United States imports Transmissions primarily from: China ($1.93B), Germany ($1.34B), Japan ($1.22B), Mexico ($976M), and India ($907M).

The fastest growing import markets in Transmissions for United States between 2021 and 2022 were India ($157M), Canada ($152M), and China ($104M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (1.26k), Schaeffler Group (1.01k), and Stihl (601) were at the forefront of shipping Transmissions to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-1.59M(-0.2%)
IMPORT GROWTH (August 2023 - August 2024)$-19.2M(-2.09%)
MAIN EXPORTER (August 2024)Kentucky$110M
MAIN DESTINATION (August 2024)Canada$217M

This section shows Transmissions'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 Transmissions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.44B
IMPORTS (2022)$10.7B
NET TRADE (2022)-$3.28B

In 2022, United States exported $7.44B in Transmissions. The main destinations of United States exports on Transmissions were Canada ($1.87B), Mexico ($1.48B), China ($535M), Brazil ($372M), and Germany ($338M).

In 2022, United States imported $10.7B in Transmissions, mainly from China ($1.93B), Germany ($1.34B), Japan ($1.22B), Mexico ($976M), and India ($907M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Transmissions EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$233M (14.2%)
Mexico$192M (14.9%)
Brazil$70.3M (23.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Transmissions BY United States WERE (2021 - 2022):
Russia-$33.3M (-76.2%)
Italy-$13.2M (-13.6%)
Netherlands-$5.74M (-9.39%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Transmissions were:
Germany $12.6B
China $11.7B
In 2022, United States's main importing competitors in Transmissions were:
Germany $6.19B
China $5.42B

Explore Visualizations

Trade Value of Transmissions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $162M
TOP IMPORT POTENTIALChina+ $367M

Transmissions’s highest export potential is China. With an export gap of $162M.   Transmissions’s highest import potential is China with an import gap of $367M.

See methodology.

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