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2023
Exports $3.73BWorld Rnk 2 / 210
Flag Rnk 92 / 1217
2023
Destination $65.8M Canada
2022 - 2023
FASTEST GROWING MARKET $65.8MUnited Kingdom
2023
PRODUCT COMPLEXITY IN Other Engines0.72Rnk 274 / 1025
2023
Imports $5.1BWorld Rnk 1 / 220
Flag Rnk 111 / 1215
2023
Origin $104M China
2022 - 2023
FASTEST GROWING ORIGIN $104MGermany
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $3.73B in Other Engines, making it the 2nd largest exporter of Other Engines in the world. At the same year, Other Engines was the 92nd most exported product in United States. The main destination of Other Engines exports from United States are: Canada ($555M), Germany ($374M), United Kingdom ($303M), Mexico ($256M), and China ($173M).

The fastest growing export markets for Other Engines of United States between 2022 and 2023 were United Kingdom ($65.8M), United Arab Emirates ($60M), and Canada ($48.1M).

Imports In 2023, United States imported $5.1B in Other Engines, becoming the 1st largest importer of Other Engines in the world. At the same year, Other Engines was the 111th most imported product in United States. United States imports Other Engines primarily from: China ($783M), Germany ($597M), Canada ($588M), United Kingdom ($390M), and India ($352M).

The fastest growing import markets in Other Engines for United States between 2022 and 2023 were Germany ($104M), France ($54.1M), and United Kingdom ($25.9M).

COMPANIES In 2023, leading companies such as Poclain Hydraulics (819), Cummins Jaw Warehouse (289), and Cummins (225) were at the forefront of shipping Other Engines to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Other Engines exports accounted up to $357M and imports accounted up to $551M, resulting in a negative trade balance of $194M. Between November 2023 and November 2024 the exports of United States'   Other Engines have increased by $13.4M (3.89%) from $344M to $357M, while imports increased by $80.3M (17.1%) from $470M to $551M.

Destinations In November 2024, Other Engines were exported mostly to Canada ($56.5M), France ($35M), Mexico ($33.6M), Germany ($27.6M), and Brazil ($24M), and were imported mostly from Mexico ($111M), India ($75.6M), China ($47.9M), Canada ($43.1M), and Germany ($43.1M).

Growth In November 2024, the increase in Other Engines's year-by-year exports was explained primarily by an increase in exports to Japan ($44M or 623%), Canada ($7.15M or 11.5%), and United Kingdom ($7.08M or 63.8%). In November 2024, the increase in Other Engines's year-by-year imports was explained primarily by an increase in imports from Germany ($17.7M or 58.4%), Japan ($7.69M or 22.5%), and Mexico ($6.62M or 8.24%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$13.4M(3.89%)
IMPORT GROWTH (November 2023 - November 2024)$80.3M(17.1%)
MAIN EXPORTER (November 2024)Texas$70M
MAIN DESTINATION (November 2024)Canada$56.5M

This section shows Other Engines'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 Other Engines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.73B
IMPORTS (2023)$5.1B
NET TRADE (2023)-$1.37B

In 2023, United States exported $3.73B in Other Engines. The main destinations of United States exports on Other Engines were Canada ($555M), Germany ($374M), United Kingdom ($303M), Mexico ($256M), and China ($173M).

In 2023, United States imported $5.1B in Other Engines, mainly from China ($783M), Germany ($597M), Canada ($588M), United Kingdom ($390M), and India ($352M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Engines EXPORT MARKETS FOR United States WERE (2022 - 2023):
United Kingdom$65.8M (27.8%)
United Arab Emirates$60M (90.7%)
Canada$48.1M (9.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Engines BY United States WERE (2022 - 2023):
South Korea-$26.9M (-32.5%)
China-$19.5M (-10.1%)
Finland-$18.5M (-83.5%)
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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 Other Engines were:
China $4.34B
Germany $3.55B
In 2023, United States's main importing competitors in Other Engines were:
Germany $2.77B
China $1.4B

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Trade Value of Other Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $61.1M
TOP IMPORT POTENTIALChina+ $146M

Other Engines’s highest export potential is China. With an export gap of $61.1M.   Other Engines’s highest import potential is China with an import gap of $146M.

See methodology.

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