2022
Exports
$421BWorld Rnk 2 / 226
Flag Rnk 2 / 21
2022
PRODUCT COMPLEXITY IN Machines
2.21Rnk 2 / 1025
2022
Imports
$916BWorld Rnk 1 / 226
Flag Rnk 1 / 21
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $421B in Machines, making it the 2nd largest exporter of Machines in the world. At the same year, Machines was the 2nd most exported product in United States. The main destination of Machines exports from United States are: Mexico ($85.5B), Canada ($66.1B), China ($30.7B), Germany ($17B), and Chinese Taipei ($14.9B).

The fastest growing export markets for Machines of United States between 2021 and 2022 were Mexico ($11.7B), Canada ($8.85B), and Chinese Taipei ($3.98B).

Imports In 2022, United States imported $916B in Machines, becoming the 1st largest importer of Machines in the world. At the same year, Machines was the 1st most imported product in United States. United States imports Machines primarily from: China ($254B), Mexico ($168B), Vietnam ($52.8B), Japan ($51.8B), and Chinese Taipei ($50.8B).

The fastest growing import markets in Machines for United States between 2021 and 2022 were Mexico ($22.3B), Vietnam ($9.99B), and China ($9.48B).

COMPANIES In 2023, leading companies such as CrimsonLogic (42.2k), Samsung (32.5k), and LG Electronics (22.8k) were at the forefront of shipping Machines to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$3.1B(8.42%)
IMPORT GROWTH (September 2023 - September 2024)$13.5B(17.1%)
MAIN EXPORTER (September 2024)Texas$8.62B
MAIN DESTINATION (September 2024)Mexico$9.88B

This section shows Machines'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 Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$421B
IMPORTS (2022)$916B
NET TRADE (2022)-$495B

In 2022, United States exported $421B in Machines. The main destinations of United States exports on Machines were Mexico ($85.5B), Canada ($66.1B), China ($30.7B), Germany ($17B), and Chinese Taipei ($14.9B).

In 2022, United States imported $916B in Machines, mainly from China ($254B), Mexico ($168B), Vietnam ($52.8B), Japan ($51.8B), and Chinese Taipei ($50.8B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machines EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$11.7B (15.9%)
Canada$8.85B (15.4%)
Chinese Taipei$3.98B (36.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machines BY United States WERE (2021 - 2022):
Russia-$1.94B (-82.3%)
China-$1.57B (-4.85%)
Hong Kong-$1.49B (-10.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Machines were:
China $1.72T
In 2022, United States's main importing competitors in Machines were:

Explore Visualizations

Trade Value of Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.75B
TOP IMPORT POTENTIALChina+ $19.2B

Machines’s highest export potential is China. With an export gap of $7.75B.   Machines’s highest import potential is China with an import gap of $19.2B.

See methodology.

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