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2023
Exports $22.2MWorld Rnk 10 / 125
Flag Rnk 941 / 1217
2023
Destination $2.47M Canada
2022 - 2023
FASTEST GROWING MARKET $2.47MCanada
2023
PRODUCT COMPLEXITY IN Book-binding Machines1.27Rnk 82 / 1025
2023
Imports $247MWorld Rnk 1 / 198
Flag Rnk 693 / 1215
2023
Origin $12.5M Germany
2022 - 2023
FASTEST GROWING ORIGIN $12.5MSwitzerland
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $22.2M in Book-binding Machines, making it the 10th largest exporter of Book-binding Machines in the world. At the same year, Book-binding Machines was the 941st most exported product in United States. The main destination of Book-binding Machines exports from United States are: Canada ($8.12M), Germany ($2M), United Kingdom ($1.72M), Hong Kong ($1.38M), and Venezuela ($1.2M).

The fastest growing export markets for Book-binding Machines of United States between 2022 and 2023 were Canada ($2.47M), Venezuela ($1.12M), and United Kingdom ($471k).

Imports In 2023, United States imported $247M in Book-binding Machines, becoming the 1st largest importer of Book-binding Machines in the world. At the same year, Book-binding Machines was the 693rd most imported product in United States. United States imports Book-binding Machines primarily from: Germany ($57.5M), Switzerland ($42.8M), China ($28.5M), Thailand ($28.1M), and Japan ($21.7M).

The fastest growing import markets in Book-binding Machines for United States between 2022 and 2023 were Switzerland ($12.5M), Latvia ($7.59M), and Canada ($6.4M).

COMPANIES In 2024, leading companies such as ReaderLink (61), Amazon (21), and CrimsonLogic (16) were at the forefront of shipping Book-binding Machines to the United States.

Latest Trends

January 2025

About

Overview In January 2025 United States' Book-binding Machines exports accounted up to $1.86M and imports accounted up to $12.7M, resulting in a negative trade balance of $10.9M. Between January 2024 and January 2025 the exports of United States'   Book-binding Machines have decreased by $-1.41M (-43.1%) from $3.27M to $1.86M, while imports decreased by $-8.67M (-40.5%) from $21.4M to $12.7M.

Destinations In January 2025, Book-binding Machines were exported mostly to Canada ($1.11M), United Kingdom ($1.05M), Turkey ($975k), Mexico ($79.3k), and Hong Kong ($51.4k), and were imported mostly from Germany ($2.76M), Switzerland ($2.23M), China ($2.03M), Japan ($1.66M), and Netherlands ($1.33M).

Growth In January 2025, the decrease in Book-binding Machines's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-599k or -73.4%), Belgium ($-20.3k or -58%), and Chile ($-13.4k or -65.7%). In January 2025, the decrease in Book-binding Machines's year-by-year imports was explained primarily by a decrease in imports from Japan ($-990k or -44%), Netherlands ($-165k or -44.2%), and Chinese Taipei ($-121k or -31.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-1.41M(-43.1%)
IMPORT GROWTH (January 2024 - January 2025)$-8.67M(-40.5%)
MAIN EXPORTER (January 2025)Illinois$504k
MAIN DESTINATION (January 2025)Canada$1.11M

This section shows Book-binding 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 Book-binding Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$22.2M
IMPORTS (2023)$247M
NET TRADE (2023)-$225M

In 2023, United States exported $22.2M in Book-binding Machines. The main destinations of United States exports on Book-binding Machines were Canada ($8.12M), Germany ($2M), United Kingdom ($1.72M), Hong Kong ($1.38M), and Venezuela ($1.2M).

In 2023, United States imported $247M in Book-binding Machines, mainly from Germany ($57.5M), Switzerland ($42.8M), China ($28.5M), Thailand ($28.1M), and Japan ($21.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Book-binding Machines EXPORT MARKETS FOR United States WERE (2022 - 2023):
Canada$2.47M (43.7%)
Venezuela$1.12M (1.47k%)
United Kingdom$471k (37.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Book-binding Machines BY United States WERE (2022 - 2023):
Vietnam-$481k (-98.2%)
Portugal-$272k (-96.3%)
Japan-$222k (-39.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Book-binding Machines were:
Germany $245M
Switzerland $128M
China $95.3M
In 2023, United States's main importing competitors in Book-binding Machines were:
Netherlands $60.1M
Germany $58.3M

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Trade Value of Book-binding Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $369k
TOP IMPORT POTENTIALCanada+ $2.7M

Book-binding Machines’s highest export potential is Germany. With an export gap of $369k.   Book-binding Machines’s highest import potential is Canada with an import gap of $2.7M.

See methodology.

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