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2022
Exports $4.73BWorld Rnk 2 / 194
Flag Rnk 77 / 1217
2022
Destination $359M Canada
2021 - 2022
FASTEST GROWING MARKET $359MCanada
2022
PRODUCT COMPLEXITY IN Harvesting Machinery0.77Rnk 257 / 1025
2022
Imports $4.28BWorld Rnk 1 / 222
Flag Rnk 132 / 1216
2022
Origin $183M China
2021 - 2022
FASTEST GROWING ORIGIN $183MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $4.73B in Harvesting Machinery, making it the 2nd largest exporter of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 77th most exported product in United States. The main destination of Harvesting Machinery exports from United States are: Canada ($1.67B), Australia ($678M), Brazil ($307M), China ($281M), and Mexico ($234M).

The fastest growing export markets for Harvesting Machinery of United States between 2021 and 2022 were Canada ($359M), Australia ($193M), and Brazil ($155M).

Imports In 2022, United States imported $4.28B in Harvesting Machinery, becoming the 1st largest importer of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 132nd most imported product in United States. United States imports Harvesting Machinery primarily from: China ($1.03B), Germany ($685M), Canada ($555M), Mexico ($366M), and Italy ($301M).

The fastest growing import markets in Harvesting Machinery for United States between 2021 and 2022 were China ($183M), Germany ($152M), and Canada ($142M).

COMPANIES In 2023, leading companies such as CLAAS (1.17k), John Deere (740), and CNH Industrial (330) were at the forefront of shipping Harvesting Machinery to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Harvesting Machinery exports accounted up to $202M and imports accounted up to $232M, resulting in a negative trade balance of $30.3M. Between September 2023 and September 2024 the exports of United States'   Harvesting Machinery have decreased by $-108M (-34.8%) from $309M to $202M, while imports increased by $35.6M (18.2%) from $196M to $232M.

Destinations In September 2024, Harvesting Machinery were exported mostly to Canada ($75.8M), Australia ($33.4M), Mexico ($16.2M), Belgium ($11.8M), and Argentina ($6.81M), and were imported mostly from Canada ($69.3M), Mexico ($32.3M), China ($23.1M), Italy ($21.8M), and Vietnam ($16M).

Growth In September 2024, the decrease in Harvesting Machinery's year-by-year exports was explained primarily by a decrease in exports to China ($-11.2M or -60.9%), Brazil ($-6.7M or -36.6%), and Ukraine ($-3.7M or -92.5%). In September 2024, the increase in Harvesting Machinery's year-by-year imports was explained primarily by an increase in imports from Canada ($29.2M or 108%), Italy ($25M or 140%), and Mexico ($24.1M or 62.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-108M(-34.8%)
IMPORT GROWTH (September 2023 - September 2024)$35.6M(18.2%)
MAIN EXPORTER (September 2024)Illinois$151M
MAIN DESTINATION (September 2024)Canada$75.8M

This section shows Harvesting Machinery'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 Harvesting Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.73B
IMPORTS (2022)$4.28B
NET TRADE (2022)$455M

In 2022, United States exported $4.73B in Harvesting Machinery. The main destinations of United States exports on Harvesting Machinery were Canada ($1.67B), Australia ($678M), Brazil ($307M), China ($281M), and Mexico ($234M).

In 2022, United States imported $4.28B in Harvesting Machinery, mainly from China ($1.03B), Germany ($685M), Canada ($555M), Mexico ($366M), and Italy ($301M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Harvesting Machinery EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$359M (27.4%)
Australia$193M (39.7%)
Brazil$155M (102%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Harvesting Machinery BY United States WERE (2021 - 2022):
Russia-$34.3M (-85.4%)
Ukraine-$9M (-24.9%)
South Sudan-$8.67M (-93.1%)
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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 Harvesting Machinery were:
Germany $5.01B
China $4.04B
In 2022, United States's main importing competitors in Harvesting Machinery were:
Germany $2.68B
France $2.34B

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Trade Value of Harvesting Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $48.8M
TOP IMPORT POTENTIALCanada+ $154M

Harvesting Machinery’s highest export potential is Germany. With an export gap of $48.8M.   Harvesting Machinery’s highest import potential is Canada with an import gap of $154M.

See methodology.

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