2022
Exports
$859MWorld Rnk 5 / 178
Flag Rnk 279 / 1217
2022
PRODUCT COMPLEXITY IN Soil Preparation Machinery
0.69Rnk 279 / 1025
2022
Imports
$1.7BWorld Rnk 1 / 211
Flag Rnk 282 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $859M in Soil Preparation Machinery, making it the 5th largest exporter of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 279th most exported product in United States. The main destination of Soil Preparation Machinery exports from United States are: Canada ($454M), Brazil ($54.4M), Australia ($48.5M), Mexico ($34M), and Ukraine ($27.9M).

The fastest growing export markets for Soil Preparation Machinery of United States between 2021 and 2022 were Canada ($106M), Australia ($19.9M), and Brazil ($15.4M).

Imports In 2022, United States imported $1.7B in Soil Preparation Machinery, becoming the 1st largest importer of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 282nd most imported product in United States. United States imports Soil Preparation Machinery primarily from: Canada ($743M), China ($224M), Italy ($116M), Germany ($111M), and Mexico ($98.2M).

The fastest growing import markets in Soil Preparation Machinery for United States between 2021 and 2022 were Canada ($253M), India ($23.7M), and Italy ($21.3M).

COMPANIES In 2023, leading companies such as John Deere (854), ZF Friedrichshafen (421), and CNH Industrial (324) were at the forefront of shipping Soil Preparation Machinery to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-18.5M(-30%)
IMPORT GROWTH (September 2023 - September 2024)$-35M(-33%)
MAIN EXPORTER (September 2024)North Dakota$20.2M
MAIN DESTINATION (September 2024)Canada$23M

This section shows Soil Preparation 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 Soil Preparation Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$859M
IMPORTS (2022)$1.7B
NET TRADE (2022)-$838M

In 2022, United States exported $859M in Soil Preparation Machinery. The main destinations of United States exports on Soil Preparation Machinery were Canada ($454M), Brazil ($54.4M), Australia ($48.5M), Mexico ($34M), and Ukraine ($27.9M).

In 2022, United States imported $1.7B in Soil Preparation Machinery, mainly from Canada ($743M), China ($224M), Italy ($116M), Germany ($111M), and Mexico ($98.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soil Preparation Machinery EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$106M (30.5%)
Australia$19.9M (69.8%)
Brazil$15.4M (39.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soil Preparation Machinery BY United States WERE (2021 - 2022):
Russia-$41.8M (-71.7%)
Ukraine-$17.8M (-39%)
United Kingdom-$3.94M (-31.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Soil Preparation Machinery were:
Germany $2.11B
China $1.21B
Italy $1.12B
In 2022, United States's main importing competitors in Soil Preparation Machinery were:

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Trade Value of Soil Preparation Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $14.1M
TOP IMPORT POTENTIALGermany+ $44.9M

Soil Preparation Machinery’s highest export potential is Germany. With an export gap of $14.1M.   Soil Preparation Machinery’s highest import potential is Germany with an import gap of $44.9M.

See methodology.

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