2023
Exports
$1.27BWorld Rnk 21 / 102
Flag Rnk 223 / 1217
2023
PRODUCT COMPLEXITY IN Electricity
-0.74Rnk 770 / 1025
2023
Imports
$3.61BWorld Rnk 5 / 126
Flag Rnk 143 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $1.27B in Electricity, making it the 21st largest exporter of Electricity in the world. At the same year, Electricity was the 223rd most exported product in United States. The main destination of Electricity exports from United States are: Canada ($1.19B), Mexico ($82.6M), Singapore ($4.14k), United Arab Emirates ($509), and Bahamas ($58).

The fastest growing export markets for Electricity of United States between 2022 and 2023 were Canada ($452M), United Arab Emirates ($509), and Singapore ($81).

Imports In 2023, United States imported $3.61B in Electricity, becoming the 5th largest importer of Electricity in the world. At the same year, Electricity was the 143rd most imported product in United States. United States imports Electricity primarily from: Canada ($3.4B), Mexico ($202M), and Jamaica ($1.67M).

The fastest growing import markets in Electricity for United States between 2022 and 2023 were Mexico ($69.6M).

COMPANIES In 2023, leading companies such as TE Connectivity (161), EDT (Export, Development & Trade) (126), and CrimsonLogic (50) were at the forefront of shipping Electricity to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-20.5M(-46.3%)
IMPORT GROWTH (November 2023 - November 2024)$-22M(-16%)
MAIN EXPORTER (November 2024)Washington$161M
MAIN DESTINATION (November 2024)Canada$23.8M

This section shows Electricity'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 Electricity over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.27B
IMPORTS (2023)$3.61B
NET TRADE (2023)-$2.34B

In 2023, United States exported $1.27B in Electricity. The main destinations of United States exports on Electricity were Canada ($1.19B), Mexico ($82.6M), Singapore ($4.14k), United Arab Emirates ($509), and Bahamas ($58).

In 2023, United States imported $3.61B in Electricity, mainly from Canada ($3.4B), Mexico ($202M), and Jamaica ($1.67M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electricity EXPORT MARKETS FOR United States WERE (2022 - 2023):
Canada$452M (61.5%)
Singapore$81 (1.99%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY United States WERE (2022 - 2023):
Mexico-$182M (-68.7%)
Angola-$1.77k (-100%)
Indonesia-$1.05k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Electricity were:
In 2023, United States's main importing competitors in Electricity were:

Explore Visualizations

Trade Value of Electricity by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $34.5k
TOP IMPORT POTENTIALMexico+ $61.7M

Electricity’s highest export potential is Singapore. With an export gap of $34.5k.   Electricity’s highest import potential is Mexico with an import gap of $61.7M.

See methodology.

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