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2022 - 2023
FASTEST GROWING MARKET $66.5MSouth Korea
2023
PRODUCT COMPLEXITY IN Microphones and Headphones0.7Rnk 284 / 1025
2023
Origin $2.09B Vietnam
2022 - 2023
FASTEST GROWING ORIGIN $2.09BVietnam
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported N/A in Microphones and Headphones, making it the 6th largest exporter of Microphones and Headphones in the world. At the same year, Microphones and Headphones was the 189th most exported product in United States. The main destination of Microphones and Headphones exports from United States are: Mexico ($338M), Canada ($182M), South Korea ($100M), Germany ($73M), and China ($64M).

The fastest growing export markets for Microphones and Headphones of United States between 2022 and 2023 were South Korea ($66.5M), Mexico ($26.2M), and Austria ($19.2M).

The fastest growing import markets in Microphones and Headphones for United States between 2022 and 2023 were Vietnam ($2.09B), Mexico ($544M), and Germany ($36.3M).

COMPANIES In 2023, leading companies such as CrimsonLogic (1.72k), You Hao Trading (1.17k), and IKEA Group (954) were at the forefront of shipping Microphones and Headphones to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Microphones and Headphones exports accounted up to $346M and imports accounted up to $1.21B, resulting in a negative trade balance of $865M. Between November 2023 and November 2024 the exports of United States'   Microphones and Headphones have increased by $30.2M (9.56%) from $316M to $346M, while imports decreased by $-38.3M (-3.06%) from $1.25B to $1.21B.

Destinations In November 2024, Microphones and Headphones were exported mostly to N/A, and were imported mostly from China ($457M), Vietnam ($454M), Mexico ($126M), Malaysia ($38M), and Thailand ($29.3M).

Growth In November 2024, the increase in Microphones and Headphones's year-by-year exports was explained primarily by an increase in exports to Canada ($21.4M or 34.9%), Mexico ($8.5M or 17.7%), and United Arab Emirates ($8.01M or 376%). In November 2024, the decrease in Microphones and Headphones's year-by-year imports was explained primarily by a decrease in imports from N/A.

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$30.2M(9.56%)
IMPORT GROWTH (November 2023 - November 2024)$-38.3M(-3.06%)
MAIN EXPORTER (November 2024)California$119M

This section shows Microphones and Headphones'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 Microphones and Headphones over time.

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Historical Data

Trade Balance

Color

In N/A, United States exported N/A in Microphones and Headphones. The main destinations of United States exports on Microphones and Headphones were Mexico ($338M), Canada ($182M), South Korea ($100M), Germany ($73M), and China ($64M).

In N/A, United States imported N/A in Microphones and Headphones, mainly from Vietnam ($3.34B), China ($2.86B), Mexico ($1.81B), Malaysia ($408M), and Thailand ($302M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Microphones and Headphones EXPORT MARKETS FOR United States WERE (2022 - 2023):
South Korea$66.5M (198%)
Mexico$26.2M (8.42%)
Austria$19.2M (371%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Microphones and Headphones BY United States WERE (2022 - 2023):
China-$8.91M (-12.2%)
India-$7.17M (-25.1%)
Japan-$4.56M (-8.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Microphones and Headphones were:
China $23.3B
Vietnam $7.38B
Mexico $2.6B
In 2023, United States's main importing competitors in Microphones and Headphones were:
Germany $3.71B
Japan $2.31B

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Trade Value of Microphones and Headphones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $73.4M
TOP IMPORT POTENTIALMexico+ $282M

Microphones and Headphones’s highest export potential is Canada. With an export gap of $73.4M.   Microphones and Headphones’s highest import potential is Mexico with an import gap of $282M.

See methodology.

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