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2023
Exports $113MWorld Rnk 5 / 158
Flag Rnk 685 / 1217
2023
Destination $2.71M Canada
2022 - 2023
FASTEST GROWING MARKET $2.71MPhilippines
2023
PRODUCT COMPLEXITY IN Mill Machinery0.44Rnk 391 / 1025
2023
Imports $124MWorld Rnk 2 / 199
Flag Rnk 828 / 1215
2023
Origin $7.81M Canada
2022 - 2023
FASTEST GROWING ORIGIN $7.81MItaly
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $113M in Mill Machinery, making it the 5th largest exporter of Mill Machinery in the world. At the same year, Mill Machinery was the 685th most exported product in United States. The main destination of Mill Machinery exports from United States are: Canada ($31.2M), Mexico ($13.8M), Brazil ($13.5M), Argentina ($3.45M), and Philippines ($3.41M).

The fastest growing export markets for Mill Machinery of United States between 2022 and 2023 were Philippines ($2.71M), Austria ($2.31M), and China ($1.76M).

Imports In 2023, United States imported $124M in Mill Machinery, becoming the 2nd largest importer of Mill Machinery in the world. At the same year, Mill Machinery was the 828th most imported product in United States. United States imports Mill Machinery primarily from: Canada ($21.6M), Italy ($20.5M), China ($10.1M), United Kingdom ($9.77M), and Switzerland ($9.6M).

The fastest growing import markets in Mill Machinery for United States between 2022 and 2023 were Italy ($7.81M), Slovakia ($1.16M), and Costa Rica ($349k).

COMPANIES In 2024, leading companies such as Conair (8), Samsung (5), and Robert Bosch (3) were at the forefront of shipping Mill Machinery to the United States.

Latest Trends

January 2025

About

Overview In January 2025 United States' Mill Machinery exports accounted up to $7.55M and imports accounted up to $8.95M, resulting in a negative trade balance of $1.4M. Between January 2024 and January 2025 the exports of United States'   Mill Machinery have increased by $442k (6.22%) from $7.11M to $7.55M, while imports decreased by $-5.12M (-36.4%) from $14.1M to $8.95M.

Destinations In January 2025, Mill Machinery were exported mostly to Canada ($2.66M), Argentina ($1.63M), Mexico ($1.06M), Paraguay ($915k), and France ($719k), and were imported mostly from Switzerland ($1.16M), Canada ($718k), Austria ($667k), Japan ($634k), and Italy ($551k).

Growth In January 2025, the increase in Mill Machinery's year-by-year exports was explained primarily by an increase in exports to Canada ($490k or 24%), Mexico ($271k or 44%), and Japan ($263k or 992%). In January 2025, the decrease in Mill Machinery's year-by-year imports was explained primarily by a decrease in imports from Canada ($-929k or -40.9%), Japan ($-773k or -77.3%), and Denmark ($-743k or -49.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$442k(6.22%)
IMPORT GROWTH (January 2024 - January 2025)$-5.12M(-36.4%)
MAIN EXPORTER (January 2025)Texas$991k
MAIN DESTINATION (January 2025)Canada$2.66M

This section shows Mill Machinery'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 Mill Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$113M
IMPORTS (2023)$124M
NET TRADE (2023)-$11.2M

In 2023, United States exported $113M in Mill Machinery. The main destinations of United States exports on Mill Machinery were Canada ($31.2M), Mexico ($13.8M), Brazil ($13.5M), Argentina ($3.45M), and Philippines ($3.41M).

In 2023, United States imported $124M in Mill Machinery, mainly from Canada ($21.6M), Italy ($20.5M), China ($10.1M), United Kingdom ($9.77M), and Switzerland ($9.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Mill Machinery EXPORT MARKETS FOR United States WERE (2022 - 2023):
Philippines$2.71M (387%)
Austria$2.31M (1.23k%)
China$1.76M (108%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mill Machinery BY United States WERE (2022 - 2023):
Thailand-$1.69M (-60.5%)
Canada-$1.52M (-4.65%)
Turkey-$1.51M (-57.4%)
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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 Mill Machinery were:
China $694M
Turkey $258M
Italy $209M
In 2023, United States's main importing competitors in Mill Machinery were:
India $241M
Nigeria $97.2M

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Trade Value of Mill Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.14M
TOP IMPORT POTENTIALChina+ $8.89M

Mill Machinery’s highest export potential is India. With an export gap of $1.14M.   Mill Machinery’s highest import potential is China with an import gap of $8.89M.

See methodology.

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