2022
Exports
$240BWorld Rnk 3 / 226
Flag Rnk 2 / 96
2022
PRODUCT COMPLEXITY IN Machinery, mechanical appliances, & parts
2.21Rnk 2 / 1025
2022
Imports
$467BWorld Rnk 1 / 226
Flag Rnk 1 / 96
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $240B in Machinery, mechanical appliances, & parts, making it the 3rd largest exporter of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 2nd most exported product in United States. The main destination of Machinery, mechanical appliances, & parts exports from United States are: Canada ($43.7B), Mexico ($41.8B), China ($14.8B), Germany ($10.2B), and South Korea ($9.47B).

The fastest growing export markets for Machinery, mechanical appliances, & parts of United States between 2021 and 2022 were Mexico ($5.31B), Canada ($5.1B), and South Korea ($4.22B).

Imports In 2022, United States imported $467B in Machinery, mechanical appliances, & parts, becoming the 1st largest importer of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 1st most imported product in United States. United States imports Machinery, mechanical appliances, & parts primarily from: China ($115B), Mexico ($86.7B), Japan ($35.3B), Germany ($30.8B), and Canada ($29.3B).

The fastest growing import markets in Machinery, mechanical appliances, & parts for United States between 2021 and 2022 were Mexico ($14.6B), Japan ($5.07B), and Chinese Taipei ($4.74B).

COMPANIES In 2023, leading companies such as CrimsonLogic (33.5k), Samsung (23.5k), and LG Electronics (16.7k) were at the forefront of shipping Machinery, mechanical appliances, & parts to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$1.62B(8.01%)
IMPORT GROWTH (June 2023 - June 2024)$5.27B(13.8%)
MAIN EXPORTER (June 2024)Texas$4.26B
MAIN DESTINATION (June 2024)Canada$4.57B

This section shows Machinery, mechanical appliances, & parts'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 Machinery, mechanical appliances, & parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$240B
IMPORTS (2022)$467B
NET TRADE (2022)-$226B

In 2022, United States exported $240B in Machinery, mechanical appliances, & parts. The main destinations of United States exports on Machinery, mechanical appliances, & parts were Canada ($43.7B), Mexico ($41.8B), China ($14.8B), Germany ($10.2B), and South Korea ($9.47B).

In 2022, United States imported $467B in Machinery, mechanical appliances, & parts, mainly from China ($115B), Mexico ($86.7B), Japan ($35.3B), Germany ($30.8B), and Canada ($29.3B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery, mechanical appliances, & parts EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$5.31B (14.6%)
Canada$5.1B (13.2%)
South Korea$4.22B (80.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery, mechanical appliances, & parts BY United States WERE (2021 - 2022):
Russia-$1.49B (-82.6%)
Norway-$126M (-16.3%)
Ukraine-$119M (-44%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Machinery, mechanical appliances, & parts were:
In 2022, United States's main importing competitors in Machinery, mechanical appliances, & parts were:

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Trade Value of Machinery, mechanical appliances, & parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.55B
TOP IMPORT POTENTIALChina+ $8.89B

Machinery, mechanical appliances, & parts’s highest export potential is China. With an export gap of $3.55B.   Machinery, mechanical appliances, & parts’s highest import potential is China with an import gap of $8.89B.

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