2023
Exports
$849MWorld Rnk 2 / 189
Flag Rnk 266 / 1217
2023
PRODUCT COMPLEXITY IN Batteries
0.58Rnk 335 / 1025
2023
Imports
$1.24BWorld Rnk 1 / 223
Flag Rnk 324 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $849M in Batteries, making it the 2nd largest exporter of Batteries in the world. At the same year, Batteries was the 266th most exported product in United States. The main destination of Batteries exports from United States are: Mexico ($168M), Canada ($141M), Singapore ($66.2M), Switzerland ($60.8M), and United Kingdom ($52.9M).

The fastest growing export markets for Batteries of United States between 2022 and 2023 were Mexico ($24.6M), Canada ($22.2M), and Singapore ($10M).

Imports In 2023, United States imported $1.24B in Batteries, becoming the 1st largest importer of Batteries in the world. At the same year, Batteries was the 324th most imported product in United States. United States imports Batteries primarily from: China ($358M), Singapore ($260M), Indonesia ($98M), Japan ($96.1M), and Israel ($58M).

The fastest growing import markets in Batteries for United States between 2022 and 2023 were Singapore ($80.4M), Indonesia ($18M), and France ($12.5M).

COMPANIES In 2023, leading companies such as Samsung (718), Ford Motor Company (222), and LG Electronics (196) were at the forefront of shipping Batteries to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-796k(-0.97%)
IMPORT GROWTH (November 2023 - November 2024)$21.1M(23.5%)
MAIN EXPORTER (November 2024)Minnesota$17.5M
MAIN DESTINATION (November 2024)Mexico$13M

This section shows Batteries'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 Batteries over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$849M
IMPORTS (2023)$1.24B
NET TRADE (2023)-$396M

In 2023, United States exported $849M in Batteries. The main destinations of United States exports on Batteries were Mexico ($168M), Canada ($141M), Singapore ($66.2M), Switzerland ($60.8M), and United Kingdom ($52.9M).

In 2023, United States imported $1.24B in Batteries, mainly from China ($358M), Singapore ($260M), Indonesia ($98M), Japan ($96.1M), and Israel ($58M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Batteries EXPORT MARKETS FOR United States WERE (2022 - 2023):
Mexico$24.6M (17.2%)
Canada$22.2M (18.6%)
Singapore$10M (17.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Batteries BY United States WERE (2022 - 2023):
Japan-$8.67M (-34.6%)
Honduras-$3.62M (-74%)
Malaysia-$3.56M (-10.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Batteries were:
China $3.11B
In 2023, United States's main importing competitors in Batteries were:

Explore Visualizations

Trade Value of Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $10.3M
TOP IMPORT POTENTIALChina+ $32.9M

Batteries’s highest export potential is Germany. With an export gap of $10.3M.   Batteries’s highest import potential is China with an import gap of $32.9M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with