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Pricing

2022
Exports $1BWorld Rnk 4 / 198
Flag Rnk 256 / 1217
2022
Destination $52.1M Mexico
2021 - 2022
FASTEST GROWING MARKET $52.1MMexico
2022
PRODUCT COMPLEXITY IN Electrical Resistors0.88Rnk 215 / 1025
2022
Imports $1.27BWorld Rnk 3 / 214
Flag Rnk 348 / 1216
2022
Origin $32.2M Mexico
2021 - 2022
FASTEST GROWING ORIGIN $32.2MIsrael
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1B in Electrical Resistors, making it the 4th largest exporter of Electrical Resistors in the world. At the same year, Electrical Resistors was the 256th most exported product in United States. The main destination of Electrical Resistors exports from United States are: Mexico ($391M), Germany ($79.3M), Canada ($66.8M), China ($65.8M), and Hong Kong ($64.9M).

The fastest growing export markets for Electrical Resistors of United States between 2021 and 2022 were Mexico ($52.1M), Canada ($17.9M), and Germany ($9.71M).

Imports In 2022, United States imported $1.27B in Electrical Resistors, becoming the 3rd largest importer of Electrical Resistors in the world. At the same year, Electrical Resistors was the 348th most imported product in United States. United States imports Electrical Resistors primarily from: Mexico ($206M), China ($150M), Japan ($149M), Chinese Taipei ($122M), and Israel ($99.4M).

The fastest growing import markets in Electrical Resistors for United States between 2021 and 2022 were Israel ($32.2M), Chinese Taipei ($23.9M), and Malaysia ($13.2M).

COMPANIES In 2023, leading companies such as BOEING (125), Robert Bosch (115), and Mahle Behr (92) were at the forefront of shipping Electrical Resistors to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Electrical Resistors exports accounted up to $79.3M and imports accounted up to $80.7M, resulting in a negative trade balance of $1.38M. Between September 2023 and September 2024 the exports of United States'   Electrical Resistors have decreased by $-8.11M (-9.28%) from $87.4M to $79.3M, while imports decreased by $-2.33M (-2.81%) from $83M to $80.7M.

Destinations In September 2024, Electrical Resistors were exported mostly to Mexico ($33.1M), Canada ($6.17M), Germany ($5.77M), China ($3.59M), and Hong Kong ($3.43M), and were imported mostly from Mexico ($13.2M), Japan ($10.3M), China ($9.22M), Chinese Taipei ($6.25M), and Germany ($6.04M).

Growth In September 2024, the decrease in Electrical Resistors's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-9M or -69.2%), Israel ($-734k or -38.4%), and France ($-392k or -13.5%). In September 2024, the decrease in Electrical Resistors's year-by-year imports was explained primarily by a decrease in imports from China ($-4.86M or -30.5%), Chinese Taipei ($-4.53M or -40%), and Slovenia ($-3.77M or -72.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-8.11M(-9.28%)
IMPORT GROWTH (September 2023 - September 2024)$-2.33M(-2.81%)
MAIN EXPORTER (September 2024)Texas$28.2M
MAIN DESTINATION (September 2024)Mexico$33.1M

This section shows Electrical Resistors'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 Resistors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1B
IMPORTS (2022)$1.27B
NET TRADE (2022)-$270M

In 2022, United States exported $1B in Electrical Resistors. The main destinations of United States exports on Electrical Resistors were Mexico ($391M), Germany ($79.3M), Canada ($66.8M), China ($65.8M), and Hong Kong ($64.9M).

In 2022, United States imported $1.27B in Electrical Resistors, mainly from Mexico ($206M), China ($150M), Japan ($149M), Chinese Taipei ($122M), and Israel ($99.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Resistors EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$52.1M (15.4%)
Canada$17.9M (36.5%)
Germany$9.71M (14%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Resistors BY United States WERE (2021 - 2022):
China-$7.11M (-9.74%)
Italy-$5.59M (-48.7%)
India-$4.54M (-23.1%)
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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 Resistors were:
China $4.72B
Germany $1.33B
Japan $1.08B
In 2022, United States's main importing competitors in Electrical Resistors were:
China $2.95B
Hong Kong $1.53B

Explore Visualizations

Trade Value of Electrical Resistors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $23.3M
TOP IMPORT POTENTIALChina+ $65.7M

Electrical Resistors’s highest export potential is China. With an export gap of $23.3M.   Electrical Resistors’s highest import potential is China with an import gap of $65.7M.

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