Electrical energy in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $982M in Electrical energy, making it the 28th largest exporter of Electrical energy in the world. At the same year, Electrical energy was the 312th most exported product in United States. The main destination of Electrical energy exports from United States are: Canada ($718M), Mexico ($264M), Singapore ($4.06k), Angola ($1.77k), and Indonesia ($1.05k).

The fastest growing export markets for Electrical energy of United States between 2021 and 2022 were Canada ($213M), Mexico ($151M), and Singapore ($3.99k).

Imports In 2022, United States imported $4.54B in Electrical energy, becoming the 7th largest importer of Electrical energy in the world. At the same year, Electrical energy was the 107th most imported product in United States. United States imports Electrical energy primarily from: Canada ($4.4B), Mexico ($133M), Jamaica ($1.77M), Uzbekistan ($175k), and Thailand ($131).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Electrical energy to the United States.

Latest Trends

June 2024

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Overview In June 2024 United States' Electrical energy exports accounted up to $37.5M and imports accounted up to $166M, resulting in a negative trade balance of $128M. Between June 2023 and June 2024 the exports of United States' Electrical energy have increased by $6.03M (19.2%) from $31.5M to $37.5M, while imports decreased by $-76.8M (-31.7%) from $242M to $166M.

Destinations In June 2024, Electrical energy were exported mostly to Canada ($37.5M), and were imported mostly from Canada ($166M).

Growth In June 2024, the increase in Electrical energy's year-by-year exports was explained primarily by an increase in exports to Canada ($43.3M or 55.4%). In June 2024, the decrease in Electrical energy's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$6.03M(19.2%)

IMPORT GROWTH (June 2023 - June 2024)$-76.8M(-31.7%)

MAIN DESTINATION (June 2024)Canada$37.5M

This section shows Electrical energy'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 energy over time.

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