Hydrometers in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $961M in Hydrometers, making it the 3rd largest exporter of Hydrometers in the world. At the same year, Hydrometers was the 266th most exported product in United States. The main destination of Hydrometers exports from United States are: Mexico ($119M), Canada ($115M), Germany ($80.2M), China ($79.1M), and South Korea ($56.8M).

The fastest growing export markets for Hydrometers of United States between 2021 and 2022 were United Kingdom ($18.5M), Canada ($17.3M), and Mexico ($15M).

Imports In 2022, United States imported $1.28B in Hydrometers, becoming the 1st largest importer of Hydrometers in the world. At the same year, Hydrometers was the 346th most imported product in United States. United States imports Hydrometers primarily from: China ($351M), Mexico ($228M), Germany ($83.1M), Vietnam ($65.5M), and United Kingdom ($59.9M).

The fastest growing import markets in Hydrometers for United States between 2021 and 2022 were Chinese Taipei ($24.5M), Estonia ($18.7M), and Mexico ($17.2M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (518), LG ELECTRONICS U.S.A. INC. (356), and AMAZON SERVICES LLC (348) were at the forefront of shipping Hydrometers to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Hydrometers exports accounted up to $82.3M and imports accounted up to $86.5M, resulting in a negative trade balance of $4.16M. Between January 2023 and January 2024 the exports of United States' Hydrometers have increased by $3.8M (4.84%) from $78.5M to $82.3M, while imports decreased by $-2.04M (-2.3%) from $88.5M to $86.5M.

Destinations In January 2024, Hydrometers were exported mostly to Canada ($11.9M), Mexico ($11.7M), Germany ($7.06M), China ($5.41M), and Singapore ($4.71M), and were imported mostly from China ($23M), Mexico ($18.7M), Canada ($5.68M), United Kingdom ($4.5M), and Germany ($4.17M).

Growth In January 2024, the increase in Hydrometers's year-by-year exports was explained primarily by an increase in exports to Iceland ($1.94M or 3.12k%), Germany ($1.76M or 38.2%), and South Korea ($1.48M or 43.6%). In January 2024, the decrease in Hydrometers's year-by-year imports was explained primarily by a decrease in imports from China ($-8.4M or -25.9%), Iceland ($-5.24M or -99.3%), and Bulgaria ($-742k or -34.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$3.8M(4.84%)

IMPORT GROWTH (January 2023 - January 2024)$-2.04M(-2.3%)

MAIN EXPORTER (January 2024)California$13.7M

MAIN DESTINATION (January 2024)Canada$11.9M

This section shows Hydrometers'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 Hydrometers over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$961M

IMPORTS (2022)$1.28B

NET TRADE (2022)-$319M

In 2022, United States exported $961M in Hydrometers. The main destinations of United States exports on Hydrometers were Mexico ($119M), Canada ($115M), Germany ($80.2M), China ($79.1M), and South Korea ($56.8M).

In 2022, United States imported $1.28B in Hydrometers, mainly from China ($351M), Mexico ($228M), Germany ($83.1M), Vietnam ($65.5M), and United Kingdom ($59.9M).

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