Gas and Liquid Flow Measuring Instruments in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $3.92B in Gas and Liquid Flow Measuring Instruments, making it the 2nd largest exporter of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 92nd most exported product in United States. The main destination of Gas and Liquid Flow Measuring Instruments exports from United States are: Mexico ($622M), Canada ($510M), China ($371M), Germany ($285M), and United Kingdom ($182M).

The fastest growing export markets for Gas and Liquid Flow Measuring Instruments of United States between 2021 and 2022 were Mexico ($116M), Canada ($84.8M), and United Kingdom ($34.3M).

Imports In 2022, United States imported $3.96B in Gas and Liquid Flow Measuring Instruments, becoming the 1st largest importer of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 142nd most imported product in United States. United States imports Gas and Liquid Flow Measuring Instruments primarily from: Mexico ($919M), Germany ($548M), China ($511M), United Kingdom ($255M), and Japan ($228M).

The fastest growing import markets in Gas and Liquid Flow Measuring Instruments for United States between 2021 and 2022 were Mexico ($111M), Canada ($52M), and Malaysia ($37M).

COMPANIES In 2023, leading companies such as Robert Bosch (300), Volvo (53), and CONTINENTAL AUTOMOTIVE SYSTEMS, INC (38) were at the forefront of shipping Gas and Liquid Flow Measuring Instruments to the United States.

Latest Trends

September 2024

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Overview In September 2024 United States' Gas and Liquid Flow Measuring Instruments exports accounted up to $349M and imports accounted up to $347M, resulting in a positive trade balance of $1.73M. Between September 2023 and September 2024 the exports of United States' Gas and Liquid Flow Measuring Instruments have decreased by $-16.3M (-4.47%) from $365M to $349M, while imports increased by $10M (2.98%) from $337M to $347M.

Destinations In September 2024, Gas and Liquid Flow Measuring Instruments were exported mostly to Canada ($52.6M), Mexico ($52.5M), China ($32.7M), Germany ($21.4M), and Singapore ($17.2M), and were imported mostly from Mexico ($77.2M), Germany ($45.5M), China ($40.2M), Japan ($31.9M), and United Kingdom ($23.6M).

Growth In September 2024, the decrease in Gas and Liquid Flow Measuring Instruments's year-by-year exports was explained primarily by a decrease in exports to Algeria ($-1.95M or -97.2%), Russia ($-1.03M or -97.8%), and Hong Kong ($-732k or -17.5%). In September 2024, the increase in Gas and Liquid Flow Measuring Instruments's year-by-year imports was explained primarily by an increase in imports from Mexico ($17.4M or 26.2%), Germany ($6.9M or 21.6%), and Switzerland ($4.81M or 49.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)$-16.3M(-4.47%)

IMPORT GROWTH (September 2023 - September 2024)$10M(2.98%)

MAIN EXPORTER (September 2024)Texas$63M

MAIN DESTINATION (September 2024)Canada$52.6M

This section shows Gas and Liquid Flow Measuring Instruments'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 Gas and Liquid Flow Measuring Instruments over time.

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