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2023
Exports $272MWorld Rnk 6 / 139
Flag Rnk 506 / 1217
2023
Destination $40M Canada
2022 - 2023
FASTEST GROWING MARKET $40MIndonesia
2023
PRODUCT COMPLEXITY IN Papermaking Machines1.3Rnk 79 / 1025
2023
Imports $761MWorld Rnk 1 / 197
Flag Rnk 434 / 1215
2023
Origin $145M Germany
2022 - 2023
FASTEST GROWING ORIGIN $145MGermany
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $272M in Papermaking Machines, making it the 6th largest exporter of Papermaking Machines in the world. At the same year, Papermaking Machines was the 506th most exported product in United States. The main destination of Papermaking Machines exports from United States are: Canada ($76.7M), Indonesia ($46.8M), China ($24.6M), Germany ($15.9M), and Mexico ($15.8M).

The fastest growing export markets for Papermaking Machines of United States between 2022 and 2023 were Indonesia ($40M), Canada ($9.79M), and China ($5.52M).

Imports In 2023, United States imported $761M in Papermaking Machines, becoming the 1st largest importer of Papermaking Machines in the world. At the same year, Papermaking Machines was the 434th most imported product in United States. United States imports Papermaking Machines primarily from: Germany ($278M), Finland ($125M), Canada ($111M), Sweden ($50.6M), and China ($44.3M).

The fastest growing import markets in Papermaking Machines for United States between 2022 and 2023 were Germany ($145M), Sweden ($24.1M), and Finland ($21.6M).

COMPANIES In 2024, leading companies such as Trumpf (273), Elkem Silicones (179), and Ceramic Technics (51) were at the forefront of shipping Papermaking Machines to the United States.

Latest Trends

January 2025

About

Overview In January 2025 United States' Papermaking Machines exports accounted up to $22.4M and imports accounted up to $54.4M, resulting in a negative trade balance of $32M. Between January 2024 and January 2025 the exports of United States'   Papermaking Machines have increased by $377k (1.71%) from $22M to $22.4M, while imports increased by $22.1M (68.5%) from $32.3M to $54.4M.

Destinations In January 2025, Papermaking Machines were exported mostly to Canada ($7.98M), China ($1.55M), Mexico ($1.01M), Australia ($750k), and Italy ($564k), and were imported mostly from Germany ($15.1M), Sweden ($13.7M), Canada ($11.1M), Finland ($10.2M), and Italy ($5.95M).

Growth In January 2025, the increase in Papermaking Machines's year-by-year exports was explained primarily by an increase in exports to China ($1.35M or 67.9%), Austria ($1.02M or 1.95k%), and Brazil ($540k or 65.4%). In January 2025, the increase in Papermaking Machines's year-by-year imports was explained primarily by an increase in imports from Austria ($2.9M or 264%), China ($2.88M or 147%), and Canada ($2.47M or 38.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$377k(1.71%)
IMPORT GROWTH (January 2024 - January 2025)$22.1M(68.5%)
MAIN EXPORTER (January 2025)Wisconsin$4.29M
MAIN DESTINATION (January 2025)Canada$7.98M

This section shows Papermaking 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 Papermaking Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$272M
IMPORTS (2023)$761M
NET TRADE (2023)-$490M

In 2023, United States exported $272M in Papermaking Machines. The main destinations of United States exports on Papermaking Machines were Canada ($76.7M), Indonesia ($46.8M), China ($24.6M), Germany ($15.9M), and Mexico ($15.8M).

In 2023, United States imported $761M in Papermaking Machines, mainly from Germany ($278M), Finland ($125M), Canada ($111M), Sweden ($50.6M), and China ($44.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Papermaking Machines EXPORT MARKETS FOR United States WERE (2022 - 2023):
Indonesia$40M (587%)
Canada$9.79M (14.6%)
China$5.52M (29%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Papermaking Machines BY United States WERE (2022 - 2023):
Colombia-$4.43M (-64.4%)
Chile-$4.14M (-45.3%)
Peru-$3.12M (-83.7%)
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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 Papermaking Machines were:
China $1.39B
Germany $1.17B
Finland $1.1B
In 2023, United States's main importing competitors in Papermaking Machines were:
Indonesia $730M
China $569M

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Trade Value of Papermaking Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.48M
TOP IMPORT POTENTIALChina+ $26.5M

Papermaking Machines’s highest export potential is China. With an export gap of $6.48M.   Papermaking Machines’s highest import potential is China with an import gap of $26.5M.

See methodology.

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