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2022
Exports $55.1MWorld Rnk 3 / 162
Flag Rnk 848 / 1217
2022
Destination $2.09M Germany
2021 - 2022
FASTEST GROWING MARKET $2.09MUnited Kingdom
2022
Imports $163MWorld Rnk 1 / 203
Flag Rnk 791 / 1216
2022
Origin $15.9M China
2021 - 2022
FASTEST GROWING ORIGIN $15.9MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $55.1M in Percussion, making it the 3rd largest exporter of Percussion in the world. At the same year, Percussion was the 848th most exported product in United States. The main destination of Percussion exports from United States are: Germany ($8.67M), United Kingdom ($7.05M), Japan ($5.73M), Canada ($5.43M), and China ($3.13M).

The fastest growing export markets for Percussion of United States between 2021 and 2022 were United Kingdom ($2.09M), Netherlands ($986k), and Germany ($977k).

Imports In 2022, United States imported $163M in Percussion, becoming the 1st largest importer of Percussion in the world. At the same year, Percussion was the 791st most imported product in United States. United States imports Percussion primarily from: China ($69.2M), Chinese Taipei ($24.7M), Germany ($14.6M), Canada ($10.6M), and Netherlands ($8.9M).

The fastest growing import markets in Percussion for United States between 2021 and 2022 were China ($15.9M), Chinese Taipei ($10.9M), and Netherlands ($2.76M).

COMPANIES In 2023, leading companies such as CrimsonLogic (65), YAMAHA CORPORATION OF AMERICA (2), and Cummins (2) were at the forefront of shipping Percussion to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Percussion exports accounted up to $5.82M and imports accounted up to $9.98M, resulting in a negative trade balance of $4.16M. Between June 2023 and June 2024 the exports of United States'   Percussion have increased by $29.6k (0.51%) from $5.79M to $5.82M, while imports increased by $403k (4.21%) from $9.58M to $9.98M.

Destinations In June 2024, Percussion were exported mostly to Germany ($1.07M), Canada ($494k), China ($465k), Japan ($402k), and Belgium ($383k), and were imported mostly from China ($2.88M), Chinese Taipei ($1.55M), Japan ($1.05M), Netherlands ($867k), and Canada ($784k).

Growth In June 2024, the increase in Percussion's year-by-year exports was explained primarily by an increase in exports to Germany ($342k or 104%), China ($320k or 341%), and United Kingdom ($180k or 42.8%). In June 2024, the increase in Percussion's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($978k or 56.1%), Thailand ($500k or 87.8%), and Turkey ($299k or 273%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$29.6k(0.51%)
IMPORT GROWTH (June 2023 - June 2024)$403k(4.21%)
MAIN EXPORTER (June 2024)California$2.09M
MAIN DESTINATION (June 2024)Germany$1.07M

This section shows Percussion'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 Percussion over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$55.1M
IMPORTS (2022)$163M
NET TRADE (2022)-$107M

In 2022, United States exported $55.1M in Percussion. The main destinations of United States exports on Percussion were Germany ($8.67M), United Kingdom ($7.05M), Japan ($5.73M), Canada ($5.43M), and China ($3.13M).

In 2022, United States imported $163M in Percussion, mainly from China ($69.2M), Chinese Taipei ($24.7M), Germany ($14.6M), Canada ($10.6M), and Netherlands ($8.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Percussion EXPORT MARKETS FOR United States WERE (2021 - 2022):
United Kingdom$2.09M (42.2%)
Netherlands$986k (78%)
Germany$977k (12.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Percussion BY United States WERE (2021 - 2022):
China-$520k (-14.3%)
Russia-$512k (-77.1%)
Chile-$508k (-45.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Percussion were:
China $196M
Germany $82.6M
In 2022, United States's main importing competitors in Percussion were:
Germany $64.6M
United Kingdom $28.2M

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Trade Value of Percussion by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $540k
TOP IMPORT POTENTIALCanada+ $3.02M

Percussion’s highest export potential is Canada. With an export gap of $540k.   Percussion’s highest import potential is Canada with an import gap of $3.02M.

See methodology.

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