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2022
Exports $631MWorld Rnk 5 / 182
Flag Rnk 336 / 1217
2022
Destination $14.5M Mexico
2021 - 2022
FASTEST GROWING MARKET $14.5MMexico
2022
PRODUCT COMPLEXITY IN Radio Receivers0.42Rnk 398 / 1025
2022
Imports $3.5BWorld Rnk 1 / 214
Flag Rnk 164 / 1216
2022
Origin $219M Mexico
2021 - 2022
FASTEST GROWING ORIGIN $219MThailand
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $631M in Radio Receivers, making it the 5th largest exporter of Radio Receivers in the world. At the same year, Radio Receivers was the 336th most exported product in United States. The main destination of Radio Receivers exports from United States are: Mexico ($320M), Canada ($188M), United Kingdom ($18.7M), Japan ($10.2M), and Brazil ($10.1M).

The fastest growing export markets for Radio Receivers of United States between 2021 and 2022 were Mexico ($14.5M), Germany ($6.58M), and Brazil ($3.73M).

Imports In 2022, United States imported $3.5B in Radio Receivers, becoming the 1st largest importer of Radio Receivers in the world. At the same year, Radio Receivers was the 164th most imported product in United States. United States imports Radio Receivers primarily from: Mexico ($1.47B), China ($620M), South Korea ($430M), Thailand ($346M), and Vietnam ($173M).

The fastest growing import markets in Radio Receivers for United States between 2021 and 2022 were Thailand ($219M), Mexico ($180M), and South Korea ($145M).

COMPANIES In 2023, leading companies such as LG Electronics (88), Volkswagen (56), and Panasonic (52) were at the forefront of shipping Radio Receivers to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Radio Receivers exports accounted up to $97.4M and imports accounted up to $358M, resulting in a negative trade balance of $261M. Between September 2023 and September 2024 the exports of United States'   Radio Receivers have increased by $19.2M (24.6%) from $78.2M to $97.4M, while imports increased by $24.5M (7.34%) from $334M to $358M.

Destinations In September 2024, Radio Receivers were exported mostly to Mexico ($50.3M), Poland ($27.7M), Canada ($13.6M), Germany ($1M), and Japan ($854k), and were imported mostly from Mexico ($148M), Malaysia ($46.5M), China ($46.5M), South Korea ($39.3M), and Thailand ($29.4M).

Growth In September 2024, the increase in Radio Receivers's year-by-year exports was explained primarily by an increase in exports to Canada ($8.98M or 67.7%), Italy ($2.43M or 2.8k%), and Hong Kong ($564k or 2.75k%). In September 2024, the increase in Radio Receivers's year-by-year imports was explained primarily by an increase in imports from Mexico ($34.9M or 34.7%), Malaysia ($11.6M or 78.8%), and South Korea ($9.45M or 41.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$19.2M(24.6%)
IMPORT GROWTH (September 2023 - September 2024)$24.5M(7.34%)
MAIN EXPORTER (September 2024)Pennsylvania$56.8M
MAIN DESTINATION (September 2024)Mexico$50.3M

This section shows Radio Receivers'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 Radio Receivers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$631M
IMPORTS (2022)$3.5B
NET TRADE (2022)-$2.87B

In 2022, United States exported $631M in Radio Receivers. The main destinations of United States exports on Radio Receivers were Mexico ($320M), Canada ($188M), United Kingdom ($18.7M), Japan ($10.2M), and Brazil ($10.1M).

In 2022, United States imported $3.5B in Radio Receivers, mainly from Mexico ($1.47B), China ($620M), South Korea ($430M), Thailand ($346M), and Vietnam ($173M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Radio Receivers EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$14.5M (4.73%)
Germany$6.58M (189%)
Brazil$3.73M (58%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Radio Receivers BY United States WERE (2021 - 2022):
Canada-$24.2M (-11.4%)
Argentina-$10.3M (-69%)
Australia-$5.78M (-54.8%)
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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 Radio Receivers were:
China $4.02B
Mexico $1.85B
Thailand $778M
In 2022, United States's main importing competitors in Radio Receivers were:
Germany $858M
Mexico $638M

Explore Visualizations

Trade Value of Radio Receivers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $9.21M
TOP IMPORT POTENTIALChina+ $131M

Radio Receivers’s highest export potential is Germany. With an export gap of $9.21M.   Radio Receivers’s highest import potential is China with an import gap of $131M.

See methodology.

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