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2023
Exports $2.09BWorld Rnk 3 / 219
Flag Rnk 145 / 1217
2023
Destination $46.8M Mexico
2022 - 2023
FASTEST GROWING MARKET $46.8MCanada
2023
PRODUCT COMPLEXITY IN Electrical Ignitions0.64Rnk 310 / 1025
2023
Imports $4.42BWorld Rnk 1 / 224
Flag Rnk 128 / 1215
2023
Origin $81.3M Mexico
2022 - 2023
FASTEST GROWING ORIGIN $81.3MMexico
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $2.09B in Electrical Ignitions, making it the 3rd largest exporter of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 145th most exported product in United States. The main destination of Electrical Ignitions exports from United States are: Mexico ($684M), Canada ($310M), United Kingdom ($182M), China ($118M), and Singapore ($76.9M).

The fastest growing export markets for Electrical Ignitions of United States between 2022 and 2023 were Canada ($46.8M), China ($28.5M), and Singapore ($19.3M).

Imports In 2023, United States imported $4.42B in Electrical Ignitions, becoming the 1st largest importer of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 128th most imported product in United States. United States imports Electrical Ignitions primarily from: Mexico ($1.52B), Japan ($1.07B), China ($565M), South Korea ($240M), and Germany ($145M).

The fastest growing import markets in Electrical Ignitions for United States between 2022 and 2023 were Mexico ($81.3M), Italy ($33.2M), and South Korea ($21.3M).

COMPANIES In 2023, leading companies such as PACCAR Engine (325), Robert Bosch (145), and TE Connectivity (144) were at the forefront of shipping Electrical Ignitions to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Electrical Ignitions exports accounted up to $201M and imports accounted up to $370M, resulting in a negative trade balance of $169M. Between November 2023 and November 2024 the exports of United States'   Electrical Ignitions have increased by $15.2M (8.18%) from $186M to $201M, while imports increased by $10M (2.79%) from $360M to $370M.

Destinations In November 2024, Electrical Ignitions were exported mostly to Mexico ($61.3M), Canada ($40.1M), United Kingdom ($20.1M), Ecuador ($10.6M), and Japan ($5.23M), and were imported mostly from Mexico ($121M), Japan ($94.4M), China ($44.5M), South Korea ($18.3M), and Hungary ($14.3M).

Growth In November 2024, the increase in Electrical Ignitions's year-by-year exports was explained primarily by an increase in exports to Canada ($5.53M or 16.3%), United Kingdom ($3.8M or 42.2%), and France ($1.46M or 73.8%). In November 2024, the increase in Electrical Ignitions's year-by-year imports was explained primarily by an increase in imports from Mexico ($15M or 14.2%), United Arab Emirates ($3.97M or 778%), and France ($3.68M or 99.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$15.2M(8.18%)
IMPORT GROWTH (November 2023 - November 2024)$10M(2.79%)
MAIN EXPORTER (November 2024)Texas$36.3M
MAIN DESTINATION (November 2024)Mexico$61.3M

This section shows Electrical Ignitions'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 Ignitions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.09B
IMPORTS (2023)$4.42B
NET TRADE (2023)-$2.33B

In 2023, United States exported $2.09B in Electrical Ignitions. The main destinations of United States exports on Electrical Ignitions were Mexico ($684M), Canada ($310M), United Kingdom ($182M), China ($118M), and Singapore ($76.9M).

In 2023, United States imported $4.42B in Electrical Ignitions, mainly from Mexico ($1.52B), Japan ($1.07B), China ($565M), South Korea ($240M), and Germany ($145M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Ignitions EXPORT MARKETS FOR United States WERE (2022 - 2023):
Canada$46.8M (17.8%)
China$28.5M (31.9%)
Singapore$19.3M (33.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Ignitions BY United States WERE (2022 - 2023):
South Korea-$10.1M (-38.4%)
Dominican Republic-$7.64M (-48.8%)
United Arab Emirates-$7.02M (-13.4%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Electrical Ignitions were:
Japan $3.81B
China $3.37B
In 2023, United States's main importing competitors in Electrical Ignitions were:
Germany $2.15B
Mexico $1.69B

Explore Visualizations

Trade Value of Electrical Ignitions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $35.6M
TOP IMPORT POTENTIALChina+ $95.9M

Electrical Ignitions’s highest export potential is China. With an export gap of $35.6M.   Electrical Ignitions’s highest import potential is China with an import gap of $95.9M.

See methodology.

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