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2023
Exports $56.2MWorld Rnk 3 / 132
Flag Rnk 810 / 1217
2023
Destination $8.4M Japan
2022 - 2023
FASTEST GROWING MARKET $8.4MJapan
2023
PRODUCT COMPLEXITY IN Photo Lab Equipment1.85Rnk 9 / 1025
2023
Imports $67.8MWorld Rnk 3 / 206
Flag Rnk 915 / 1215
2023
Origin $4.44M China
2022 - 2023
FASTEST GROWING ORIGIN $4.44MAustria
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $56.2M in Photo Lab Equipment, making it the 3rd largest exporter of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 810th most exported product in United States. The main destination of Photo Lab Equipment exports from United States are: Japan ($9.93M), Canada ($8.79M), Philippines ($2.75M), United Kingdom ($2.48M), and Mexico ($2.43M).

The fastest growing export markets for Photo Lab Equipment of United States between 2022 and 2023 were Japan ($8.4M), Colombia ($929k), and United Kingdom ($818k).

Imports In 2023, United States imported $67.8M in Photo Lab Equipment, becoming the 3rd largest importer of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 915th most imported product in United States. United States imports Photo Lab Equipment primarily from: China ($16.7M), Canada ($9.65M), Austria ($7.86M), Germany ($7.71M), and Italy ($4.72M).

The fastest growing import markets in Photo Lab Equipment for United States between 2022 and 2023 were Austria ($4.44M), Italy ($2.59M), and Japan ($1.04M).

COMPANIES In 2024, leading companies such as Jushi Fiberglass (263), CrimsonLogic (46), and CNH Industrial (34) were at the forefront of shipping Photo Lab Equipment to the United States.

Latest Trends

January 2025

About

Overview In January 2025 United States' Photo Lab Equipment exports accounted up to $4.52M and imports accounted up to $6.04M, resulting in a negative trade balance of $1.52M. Between January 2024 and January 2025 the exports of United States'   Photo Lab Equipment have decreased by $-623k (-12.1%) from $5.14M to $4.52M, while imports increased by $394k (6.97%) from $5.65M to $6.04M.

Destinations In January 2025, Photo Lab Equipment were exported mostly to Canada ($649k), Hong Kong ($444k), United Kingdom ($443k), China ($438k), and Argentina ($231k), and were imported mostly from China ($1.35M), Germany ($1.04M), Austria ($779k), Canada ($495k), and Vietnam ($285k).

Growth In January 2025, the decrease in Photo Lab Equipment's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-450k or -79.4%), Japan ($-338k or -44.6%), and Malaysia ($-91.1k or -91.3%). In January 2025, the increase in Photo Lab Equipment's year-by-year imports was explained primarily by an increase in imports from Germany ($1.52M or 1.32k%), China ($1.16M or 148%), and Vietnam ($202k or 413%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-623k(-12.1%)
IMPORT GROWTH (January 2024 - January 2025)$394k(6.97%)
MAIN EXPORTER (January 2025)California$1.68M
MAIN DESTINATION (January 2025)Canada$649k

This section shows Photo Lab Equipment'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 Photo Lab Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$56.2M
IMPORTS (2023)$67.8M
NET TRADE (2023)-$11.6M

In 2023, United States exported $56.2M in Photo Lab Equipment. The main destinations of United States exports on Photo Lab Equipment were Japan ($9.93M), Canada ($8.79M), Philippines ($2.75M), United Kingdom ($2.48M), and Mexico ($2.43M).

In 2023, United States imported $67.8M in Photo Lab Equipment, mainly from China ($16.7M), Canada ($9.65M), Austria ($7.86M), Germany ($7.71M), and Italy ($4.72M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Photo Lab Equipment EXPORT MARKETS FOR United States WERE (2022 - 2023):
Japan$8.4M (548%)
Colombia$929k (524%)
United Kingdom$818k (49.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photo Lab Equipment BY United States WERE (2022 - 2023):
Chinese Taipei-$2.09B (-100%)
Singapore-$1.86M (-46.9%)
Germany-$1.85M (-56.1%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Photo Lab Equipment were:
Japan $244M
China $156M
In 2023, United States's main importing competitors in Photo Lab Equipment were:
China $192M
Chinese Taipei $73.2M

Explore Visualizations

Trade Value of Photo Lab Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.1M
TOP IMPORT POTENTIALJapan+ $2.15M

Photo Lab Equipment’s highest export potential is China. With an export gap of $2.1M.   Photo Lab Equipment’s highest import potential is Japan with an import gap of $2.15M.

See methodology.

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