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2022
Exports $1.92BWorld Rnk 5 / 199
Flag Rnk 169 / 1217
2022
Destination $135M Mexico
2021 - 2022
FASTEST GROWING MARKET $135MMexico
2022
PRODUCT COMPLEXITY IN Electrical Capacitors1.28Rnk 97 / 1025
2022
Imports $2.58BWorld Rnk 3 / 211
Flag Rnk 205 / 1216
2022
Origin $40.7M Japan
2021 - 2022
FASTEST GROWING ORIGIN $40.7MJapan
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.92B in Electrical Capacitors, making it the 5th largest exporter of Electrical Capacitors in the world. At the same year, Electrical Capacitors was the 169th most exported product in United States. The main destination of Electrical Capacitors exports from United States are: Mexico ($984M), Malaysia ($102M), Hong Kong ($99.8M), Canada ($85M), and Germany ($73.7M).

The fastest growing export markets for Electrical Capacitors of United States between 2021 and 2022 were Mexico ($135M), Malaysia ($46.9M), and Japan ($16.8M).

Imports In 2022, United States imported $2.58B in Electrical Capacitors, becoming the 3rd largest importer of Electrical Capacitors in the world. At the same year, Electrical Capacitors was the 205th most imported product in United States. United States imports Electrical Capacitors primarily from: Japan ($782M), Mexico ($414M), El Salvador ($258M), China ($251M), and Malaysia ($125M).

The fastest growing import markets in Electrical Capacitors for United States between 2021 and 2022 were Japan ($40.7M), China ($38.9M), and Chinese Taipei ($21.9M).

COMPANIES In 2023, leading companies such as Home Depot (79), Costco Wholesale (77), and Panasonic (59) were at the forefront of shipping Electrical Capacitors to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Electrical Capacitors exports accounted up to $145M and imports accounted up to $320M, resulting in a negative trade balance of $175M. Between September 2023 and September 2024 the exports of United States'   Electrical Capacitors have decreased by $-12.2M (-7.75%) from $157M to $145M, while imports increased by $124M (63.6%) from $196M to $320M.

Destinations In September 2024, Electrical Capacitors were exported mostly to Mexico ($78.4M), Canada ($7.45M), Germany ($6.32M), Malaysia ($5.79M), and Brazil ($4.56M), and were imported mostly from China ($186M), Japan ($57.1M), Mexico ($11.9M), India ($7.83M), and Philippines ($6.63M).

Growth In September 2024, the decrease in Electrical Capacitors's year-by-year exports was explained primarily by a decrease in exports to Brazil ($-4.35M or -65.9%), Malaysia ($-2.77M or -31.9%), and China ($-2.49M or -38.2%). In September 2024, the increase in Electrical Capacitors's year-by-year imports was explained primarily by an increase in imports from Hungary ($2.91M or 304%), Spain ($1.44M or 5.93k%), and South Korea ($1.28M or 20.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-12.2M(-7.75%)
IMPORT GROWTH (September 2023 - September 2024)$124M(63.6%)
MAIN EXPORTER (September 2024)Wisconsin$61.6M
MAIN DESTINATION (September 2024)Mexico$78.4M

This section shows Electrical Capacitors'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 Electrical Capacitors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.92B
IMPORTS (2022)$2.58B
NET TRADE (2022)-$657M

In 2022, United States exported $1.92B in Electrical Capacitors. The main destinations of United States exports on Electrical Capacitors were Mexico ($984M), Malaysia ($102M), Hong Kong ($99.8M), Canada ($85M), and Germany ($73.7M).

In 2022, United States imported $2.58B in Electrical Capacitors, mainly from Japan ($782M), Mexico ($414M), El Salvador ($258M), China ($251M), and Malaysia ($125M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Capacitors EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$135M (15.9%)
Malaysia$46.9M (84.5%)
Japan$16.8M (81.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Capacitors BY United States WERE (2021 - 2022):
Hong Kong-$13.5M (-11.9%)
South Korea-$13.2M (-33.3%)
Costa Rica-$10.6M (-74.1%)
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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 Electrical Capacitors were:
China $8.74B
Japan $7.51B
Chinese Taipei $2.1B
In 2022, United States's main importing competitors in Electrical Capacitors were:
China $6.86B
Hong Kong $5.2B

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Trade Value of Electrical Capacitors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $55.2M
TOP IMPORT POTENTIALChina+ $144M

Electrical Capacitors’s highest export potential is China. With an export gap of $55.2M.   Electrical Capacitors’s highest import potential is China with an import gap of $144M.

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