2023
Exports
$4.7BWorld Rnk 4 / 212
Flag Rnk 74 / 1217
2023
PRODUCT COMPLEXITY IN Other Heating Machinery
1.3Rnk 78 / 1025
2023
Imports
$7.4BWorld Rnk 1 / 225
Flag Rnk 81 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $4.7B in Other Heating Machinery, making it the 4th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 74th most exported product in United States. The main destination of Other Heating Machinery exports from United States are: Canada ($1.01B), Mexico ($608M), Germany ($263M), China ($253M), and United Kingdom ($221M).

The fastest growing export markets for Other Heating Machinery of United States between 2022 and 2023 were Brazil ($70.5M), Canada ($51.2M), and Algeria ($25.6M).

Imports In 2023, United States imported $7.4B in Other Heating Machinery, becoming the 1st largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 81st most imported product in United States. United States imports Other Heating Machinery primarily from: Mexico ($1.14B), China ($965M), Canada ($901M), Germany ($777M), and South Korea ($582M).

The fastest growing import markets in Other Heating Machinery for United States between 2022 and 2023 were Canada ($107M), Italy ($84M), and Germany ($59.4M).

COMPANIES In 2023, leading companies such as Medical Depot (2.16k), Baxter Healthcare (523), and Michael Kors (217) were at the forefront of shipping Other Heating Machinery to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$29.5M(8.24%)
IMPORT GROWTH (November 2023 - November 2024)$147M(24.5%)
MAIN EXPORTER (November 2024)Pennsylvania$102M
MAIN DESTINATION (November 2024)Canada$96.3M

This section shows Other Heating 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 Other Heating Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.7B
IMPORTS (2023)$7.4B
NET TRADE (2023)-$2.7B

In 2023, United States exported $4.7B in Other Heating Machinery. The main destinations of United States exports on Other Heating Machinery were Canada ($1.01B), Mexico ($608M), Germany ($263M), China ($253M), and United Kingdom ($221M).

In 2023, United States imported $7.4B in Other Heating Machinery, mainly from Mexico ($1.14B), China ($965M), Canada ($901M), Germany ($777M), and South Korea ($582M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR United States WERE (2022 - 2023):
Brazil$70.5M (105%)
Canada$51.2M (5.34%)
Algeria$25.6M (115%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY United States WERE (2022 - 2023):
Mexico-$97M (-13.8%)
Argentina-$24.1M (-37.7%)
South Korea-$21.9M (-17.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Other Heating Machinery were:
China $8.69B
Germany $5.96B
Italy $4.77B
In 2023, United States's main importing competitors in Other Heating Machinery were:
China $3.49B

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Trade Value of Other Heating Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $93.5M
TOP IMPORT POTENTIALChina+ $278M

Other Heating Machinery’s highest export potential is China. With an export gap of $93.5M.   Other Heating Machinery’s highest import potential is China with an import gap of $278M.

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