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Pricing

2022
Exports $89.1MWorld Rnk 3 / 127
Flag Rnk 763 / 1217
2022
Destination $8.78M Canada
2021 - 2022
FASTEST GROWING MARKET $8.78MMexico
2022
PRODUCT COMPLEXITY IN Vending Machines0.65Rnk 296 / 1025
2022
Imports $248MWorld Rnk 1 / 202
Flag Rnk 713 / 1216
2022
Origin $39.1M China
2021 - 2022
FASTEST GROWING ORIGIN $39.1MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $89.1M in Vending Machines, making it the 3rd largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 763rd most exported product in United States. The main destination of Vending Machines exports from United States are: Canada ($30.7M), Mexico ($13.7M), United Kingdom ($9.22M), Germany ($7.2M), and Ireland ($3.34M).

The fastest growing export markets for Vending Machines of United States between 2021 and 2022 were Mexico ($8.78M), Germany ($5.97M), and Ireland ($2.86M).

Imports In 2022, United States imported $248M in Vending Machines, becoming the 1st largest importer of Vending Machines in the world. At the same year, Vending Machines was the 713th most imported product in United States. United States imports Vending Machines primarily from: China ($71.6M), Canada ($35.3M), Israel ($18.2M), Mexico ($17.7M), and Chinese Taipei ($16.6M).

The fastest growing import markets in Vending Machines for United States between 2021 and 2022 were China ($39.1M), Chinese Taipei ($10.6M), and Hong Kong ($7.87M).

COMPANIES In 2023, leading companies such as Samsung (10), CrimsonLogic (10), and HP Inc (4) were at the forefront of shipping Vending Machines to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Vending Machines exports accounted up to $6.11M and imports accounted up to $18.8M, resulting in a negative trade balance of $12.7M. Between September 2023 and September 2024 the exports of United States'   Vending Machines have decreased by $-2.52M (-29.2%) from $8.64M to $6.11M, while imports decreased by $-3.26M (-14.8%) from $22.1M to $18.8M.

Destinations In September 2024, Vending Machines were exported mostly to Canada ($2.67M), United Kingdom ($1.01M), Mexico ($754k), Greece ($392k), and New Zealand ($332k), and were imported mostly from China ($4.93M), Philippines ($2.53M), Mexico ($1.51M), Spain ($1.21M), and United Kingdom ($1.08M).

Growth In September 2024, the decrease in Vending Machines's year-by-year exports was explained primarily by a decrease in exports to Germany ($-2.87M or -99.4%), Israel ($-138k or -87.6%), and Chinese Taipei ($-107k or -93.5%). In September 2024, the decrease in Vending Machines's year-by-year imports was explained primarily by a decrease in imports from United Kingdom ($-519k or -81.1%), China ($-395k or -8.06%), and India ($-340k or -35.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-2.52M(-29.2%)
IMPORT GROWTH (September 2023 - September 2024)$-3.26M(-14.8%)
MAIN EXPORTER (September 2024)Connecticut$1.97M
MAIN DESTINATION (September 2024)Canada$2.67M

This section shows Vending 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 Vending Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$89.1M
IMPORTS (2022)$248M
NET TRADE (2022)-$159M

In 2022, United States exported $89.1M in Vending Machines. The main destinations of United States exports on Vending Machines were Canada ($30.7M), Mexico ($13.7M), United Kingdom ($9.22M), Germany ($7.2M), and Ireland ($3.34M).

In 2022, United States imported $248M in Vending Machines, mainly from China ($71.6M), Canada ($35.3M), Israel ($18.2M), Mexico ($17.7M), and Chinese Taipei ($16.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$8.78M (180%)
Germany$5.97M (486%)
Ireland$2.86M (604%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY United States WERE (2021 - 2022):
Netherlands-$1.7M (-43.9%)
Australia-$1.12M (-40.5%)
Canada-$838k (-2.65%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Vending Machines were:
Italy $419M
China $384M
In 2022, United States's main importing competitors in Vending Machines were:
France $149M
Germany $137M

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Trade Value of Vending Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $1.12M
TOP IMPORT POTENTIALItaly+ $5.62M

Vending Machines’s highest export potential is Mexico. With an export gap of $1.12M.   Vending Machines’s highest import potential is Italy with an import gap of $5.62M.

See methodology.

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