2023
Exports
$222MWorld Rnk 5 / 147
Flag Rnk 550 / 1217
2023
PRODUCT COMPLEXITY IN Liquid Fuel Furnaces
1.19Rnk 107 / 1025
2023
Imports
$212MWorld Rnk 2 / 208
Flag Rnk 727 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $222M in Liquid Fuel Furnaces, making it the 5th largest exporter of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 550th most exported product in United States. The main destination of Liquid Fuel Furnaces exports from United States are: Canada ($47.1M), Mexico ($16.3M), Germany ($15.6M), France ($11.5M), and Brazil ($11.4M).

The fastest growing export markets for Liquid Fuel Furnaces of United States between 2022 and 2023 were France ($8.81M), South Korea ($7.01M), and Germany ($4.84M).

Imports In 2023, United States imported $212M in Liquid Fuel Furnaces, becoming the 2nd largest importer of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 727th most imported product in United States. United States imports Liquid Fuel Furnaces primarily from: Germany ($45.3M), Canada ($36.1M), China ($27.2M), Mexico ($17.5M), and United Kingdom ($12.6M).

The fastest growing import markets in Liquid Fuel Furnaces for United States between 2022 and 2023 were Canada ($4.97M), Saudi Arabia ($4.74M), and Romania ($2.05M).

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

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-5.33M(-26.8%)
IMPORT GROWTH (November 2023 - November 2024)$2.34M(14.2%)
MAIN EXPORTER (November 2024)Oklahoma$5.56M
MAIN DESTINATION (November 2024)Canada$5.64M

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 (2023)$222M
IMPORTS (2023)$212M
NET TRADE (2023)$10.3M

In 2023, United States exported $222M in Liquid Fuel Furnaces. The main destinations of United States exports on Liquid Fuel Furnaces were Canada ($47.1M), Mexico ($16.3M), Germany ($15.6M), France ($11.5M), and Brazil ($11.4M).

In 2023, United States imported $212M in Liquid Fuel Furnaces, mainly from Germany ($45.3M), Canada ($36.1M), China ($27.2M), Mexico ($17.5M), and United Kingdom ($12.6M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Liquid Fuel Furnaces EXPORT MARKETS FOR United States WERE (2022 - 2023):
France$8.81M (333%)
South Korea$7.01M (176%)
Germany$4.84M (45.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Fuel Furnaces BY United States WERE (2022 - 2023):
Chinese Taipei-$7.8M (-70%)
Mexico-$3.06M (-15.8%)
Kuwait-$1.91M (-91.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

Explore Visualizations

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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