2022
Exports
$242MWorld Rnk 2 / 145
Flag Rnk 555 / 1217
2022
PRODUCT COMPLEXITY IN Electrical Insulators
0.63Rnk 303 / 1025
2022
Imports
$438MWorld Rnk 1 / 207
Flag Rnk 577 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $242M in Electrical Insulators, making it the 2nd largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 555th most exported product in United States. The main destination of Electrical Insulators exports from United States are: Mexico ($74M), Canada ($55.1M), Germany ($23.9M), Chinese Taipei ($7.06M), and Japan ($5.85M).

The fastest growing export markets for Electrical Insulators of United States between 2021 and 2022 were Germany ($18.7M), Canada ($14.5M), and Mexico ($7.83M).

Imports In 2022, United States imported $438M in Electrical Insulators, becoming the 1st largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 577th most imported product in United States. United States imports Electrical Insulators primarily from: China ($141M), Mexico ($60M), India ($45.7M), Canada ($35.3M), and Germany ($33.6M).

The fastest growing import markets in Electrical Insulators for United States between 2021 and 2022 were China ($40.5M), India ($15.2M), and Italy ($11.2M).

COMPANIES In 2023, leading companies such as TE Connectivity (103), Team Hardinger (22), and Disney Cruise Line (18) were at the forefront of shipping Electrical Insulators to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-13.4M(-44.8%)
IMPORT GROWTH (June 2023 - June 2024)$-1.73M(-5.03%)
MAIN EXPORTER (June 2024)Texas$2.69M
MAIN DESTINATION (June 2024)Canada$5.84M

This section shows Electrical Insulators'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 Insulators over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$242M
IMPORTS (2022)$438M
NET TRADE (2022)-$196M

In 2022, United States exported $242M in Electrical Insulators. The main destinations of United States exports on Electrical Insulators were Mexico ($74M), Canada ($55.1M), Germany ($23.9M), Chinese Taipei ($7.06M), and Japan ($5.85M).

In 2022, United States imported $438M in Electrical Insulators, mainly from China ($141M), Mexico ($60M), India ($45.7M), Canada ($35.3M), and Germany ($33.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR United States WERE (2021 - 2022):
Germany$18.7M (361%)
Canada$14.5M (35.6%)
Mexico$7.83M (11.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY United States WERE (2021 - 2022):
Hong Kong-$1.04M (-31.2%)
China-$983k (-15.8%)
Kenya-$927k (-99.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Electrical Insulators were:
In 2022, United States's main importing competitors in Electrical Insulators were:

Explore Visualizations

Trade Value of Electrical Insulators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.55M
TOP IMPORT POTENTIALIndia+ $9.37M

Electrical Insulators’s highest export potential is China. With an export gap of $2.55M.   Electrical Insulators’s highest import potential is India with an import gap of $9.37M.

See methodology.

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