2022
Exports | Imports
$33.1B | $26BWorld Rnk 2 / 216
FlagN/A
World Rnk 2 / 225
Flag Rnk 16 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.86Rnk 8 / 1025

About

Imports In 2022, United States imported $26B in Machinery Having Individual Functions, becoming the 2nd largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 16th most imported product in United States. United States imports Machinery Having Individual Functions primarily from: Japan ($5.82B), Germany ($3.17B), China ($2.25B), Netherlands ($1.9B), and Singapore ($1.88B).

The fastest growing import markets in Machinery Having Individual Functions for United States between 2021 and 2022 were Japan ($2.94B), Singapore ($1.39B), and Netherlands ($907M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (82.1k), ROBERT BOSCH TOOL CORPORATION (29.7k), and WAL-MART INC. (28.6k) were at the forefront of shipping Machinery Having Individual Functions to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Machinery Having Individual Functions. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$33.1B
IMPORTS (2022)$26B
NET TRADE (2022)$7.02B

In 2022, United States imported $26B in Machinery Having Individual Functions, mainly from Japan ($5.82B), Germany ($3.17B), China ($2.25B), Netherlands ($1.9B), and Singapore ($1.88B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, United States's main exporting competitors in Machinery Having Individual Functions were:
Japan $38.5B
Germany $20.9B
In 2022, United States's main importing competitors in Machinery Having Individual Functions were:

Explore Visualizations

Trade Value of Machinery Having Individual Functions by Exporters

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