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Pricing

2022
Exports $177MWorld Rnk 4 / 144
Flag Rnk 622 / 1217
2022
Destination $7.67M Canada
2021 - 2022
FASTEST GROWING MARKET $7.67MCanada
2022
PRODUCT COMPLEXITY IN Liquid Fuel Furnaces1.17Rnk 112 / 1025
2022
Imports $219MWorld Rnk 1 / 209
Flag Rnk 736 / 1216
2022
Origin $12.8M Germany
2021 - 2022
FASTEST GROWING ORIGIN $12.8MGermany
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $177M in Liquid Fuel Furnaces, making it the 4th largest exporter of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 622nd most exported product in United States. The main destination of Liquid Fuel Furnaces exports from United States are: Canada ($50M), Mexico ($16.7M), China ($10.9M), Chinese Taipei ($9.66M), and Germany ($8.24M).

The fastest growing export markets for Liquid Fuel Furnaces of United States between 2021 and 2022 were Canada ($7.67M), Kuwait ($2.62M), and Germany ($2.29M).

Imports In 2022, United States imported $219M in Liquid Fuel Furnaces, becoming the 1st largest importer of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 736th most imported product in United States. United States imports Liquid Fuel Furnaces primarily from: Germany ($55.3M), Canada ($41.8M), China ($29M), Mexico ($21M), and Italy ($18.1M).

The fastest growing import markets in Liquid Fuel Furnaces for United States between 2021 and 2022 were Germany ($12.8M), China ($11.9M), and Netherlands ($3.53M).

COMPANIES In 2023, leading companies such as Cummins Jaw Warehouse (81), Cummins (30), and Kubota (21) were at the forefront of shipping Liquid Fuel Furnaces to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Liquid Fuel Furnaces exports accounted up to $22.3M and imports accounted up to $18.4M, resulting in a positive trade balance of $3.84M. Between September 2023 and September 2024 the exports of United States'   Liquid Fuel Furnaces have increased by $4.89M (28.1%) from $17.4M to $22.3M, while imports decreased by $-268k (-1.43%) from $18.7M to $18.4M.

Destinations In September 2024, Liquid Fuel Furnaces were exported mostly to Canada ($6.57M), Sweden ($2.66M), India ($2M), Brazil ($1.44M), and Mexico ($1.11M), and were imported mostly from Canada ($4.61M), Germany ($4.07M), China ($2.94M), Mexico ($2.66M), and Italy ($881k).

Growth In September 2024, the increase in Liquid Fuel Furnaces's year-by-year exports was explained primarily by an increase in exports to Australia ($894k or 202%), France ($712k or 706%), and India ($652k or 236%). In September 2024, the decrease in Liquid Fuel Furnaces's year-by-year imports was explained primarily by a decrease in imports from China ($-1.07M or -34.3%), Chinese Taipei ($-654k or -79.3%), and France ($-208k or -67.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$4.89M(28.1%)
IMPORT GROWTH (September 2023 - September 2024)$-268k(-1.43%)
MAIN EXPORTER (September 2024)Oklahoma$5.56M
MAIN DESTINATION (September 2024)Canada$6.57M

This section shows Liquid Fuel Furnaces'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 Liquid Fuel Furnaces over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$177M
IMPORTS (2022)$219M
NET TRADE (2022)-$41.7M

In 2022, United States exported $177M in Liquid Fuel Furnaces. The main destinations of United States exports on Liquid Fuel Furnaces were Canada ($50M), Mexico ($16.7M), China ($10.9M), Chinese Taipei ($9.66M), and Germany ($8.24M).

In 2022, United States imported $219M in Liquid Fuel Furnaces, mainly from Germany ($55.3M), Canada ($41.8M), China ($29M), Mexico ($21M), and Italy ($18.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Fuel Furnaces EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$7.67M (18.1%)
Kuwait$2.62M (1.25k%)
Germany$2.29M (38.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Fuel Furnaces BY United States WERE (2021 - 2022):
Japan-$2.36M (-47.3%)
India-$1.93M (-24.3%)
Colombia-$1.86M (-40.8%)
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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 Liquid Fuel Furnaces were:
Germany $567M
Italy $423M
China $272M
In 2022, United States's main importing competitors in Liquid Fuel Furnaces were:
Germany $178M
China $138M

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Trade Value of Liquid Fuel Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.23M
TOP IMPORT POTENTIALGermany+ $6.5M

Liquid Fuel Furnaces’s highest export potential is China. With an export gap of $3.23M.   Liquid Fuel Furnaces’s highest import potential is Germany with an import gap of $6.5M.

See methodology.

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