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2022
Exports $2.17BWorld Rnk 3 / 218
Flag Rnk 143 / 1217
2022
Destination $111M Canada
2021 - 2022
FASTEST GROWING MARKET $111MMexico
2022
PRODUCT COMPLEXITY IN Sports Equipment0.52Rnk 358 / 1025
2022
Imports $10.3BWorld Rnk 1 / 225
Flag Rnk 65 / 1216
2022
Origin $124M China
2021 - 2022
FASTEST GROWING ORIGIN $124MVietnam
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $2.17B in Sports Equipment, making it the 3rd largest exporter of Sports Equipment in the world. At the same year, Sports Equipment was the 143rd most exported product in United States. The main destination of Sports Equipment exports from United States are: Canada ($585M), Mexico ($269M), South Korea ($181M), Japan ($168M), and United Kingdom ($126M).

The fastest growing export markets for Sports Equipment of United States between 2021 and 2022 were Mexico ($111M), South Korea ($43.2M), and India ($5.83M).

Imports In 2022, United States imported $10.3B in Sports Equipment, becoming the 1st largest importer of Sports Equipment in the world. At the same year, Sports Equipment was the 65th most imported product in United States. United States imports Sports Equipment primarily from: China ($6.27B), Chinese Taipei ($1.26B), Vietnam ($480M), Canada ($379M), and Mexico ($367M).

The fastest growing import markets in Sports Equipment for United States between 2021 and 2022 were Vietnam ($124M), Mexico ($116M), and Thailand ($53.1M).

COMPANIES In 2023, leading companies such as Callaway Golf (740), Costco Wholesale (374), and Goplus (314) were at the forefront of shipping Sports Equipment to the United States.

Latest Trends

July 2024

About

Overview In July 2024 United States' Sports Equipment exports accounted up to $175M and imports accounted up to $641M, resulting in a negative trade balance of $466M. Between July 2023 and July 2024 the exports of United States'   Sports Equipment have increased by $18.4M (11.8%) from $156M to $175M, while imports increased by $78.6M (14%) from $562M to $641M.

Destinations In July 2024, Sports Equipment were exported mostly to Canada ($57.5M), Mexico ($22.4M), Japan ($11.4M), United Kingdom ($10.5M), and South Korea ($7.92M), and were imported mostly from China ($364M), Chinese Taipei ($79M), Vietnam ($53.9M), Mexico ($20.3M), and Canada ($20.3M).

Growth In July 2024, the increase in Sports Equipment's year-by-year exports was explained primarily by an increase in exports to United Kingdom ($2.26M or 31.8%), Mexico ($2.09M or 9.56%), and Sweden ($1.53M or 186%). In July 2024, the increase in Sports Equipment's year-by-year imports was explained primarily by an increase in imports from Vietnam ($23.5M or 56%), Thailand ($4.54M or 26.2%), and Italy ($2.96M or 55.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$18.4M(11.8%)
IMPORT GROWTH (July 2023 - July 2024)$78.6M(14%)
MAIN EXPORTER (July 2024)California$34.2M
MAIN DESTINATION (July 2024)Canada$57.5M

This section shows Sports 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 Sports Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.17B
IMPORTS (2022)$10.3B
NET TRADE (2022)-$8.09B

In 2022, United States exported $2.17B in Sports Equipment. The main destinations of United States exports on Sports Equipment were Canada ($585M), Mexico ($269M), South Korea ($181M), Japan ($168M), and United Kingdom ($126M).

In 2022, United States imported $10.3B in Sports Equipment, mainly from China ($6.27B), Chinese Taipei ($1.26B), Vietnam ($480M), Canada ($379M), and Mexico ($367M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sports Equipment EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$111M (70.6%)
South Korea$43.2M (31.3%)
India$5.83M (60.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sports Equipment BY United States WERE (2021 - 2022):
Canada-$55.7M (-8.69%)
Germany-$19.7M (-21.3%)
Russia-$8.99M (-80.9%)
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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 Sports Equipment were:
China $19.4B
Chinese Taipei $2.49B
In 2022, United States's main importing competitors in Sports Equipment were:
Germany $2.55B
Japan $1.82B

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Trade Value of Sports Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $31.1M
TOP IMPORT POTENTIALCanada+ $132M

Sports Equipment’s highest export potential is Germany. With an export gap of $31.1M.   Sports Equipment’s highest import potential is Canada with an import gap of $132M.

See methodology.

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