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2022
Exports $1.93BWorld Rnk 2 / 183
Flag Rnk 168 / 1217
2022
Destination $94.4M Canada
2021 - 2022
FASTEST GROWING MARKET $94.4MMexico
2022
PRODUCT COMPLEXITY IN Therapeutic Appliances0.48Rnk 372 / 1025
2022
Imports $5.9BWorld Rnk 1 / 221
Flag Rnk 105 / 1216
2022
Origin $143M China
2021 - 2022
FASTEST GROWING ORIGIN $143MAustralia
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.93B in Therapeutic Appliances, making it the 2nd largest exporter of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 168th most exported product in United States. The main destination of Therapeutic Appliances exports from United States are: Canada ($409M), Germany ($265M), Mexico ($208M), Netherlands ($192M), and France ($101M).

The fastest growing export markets for Therapeutic Appliances of United States between 2021 and 2022 were Mexico ($94.4M), Germany ($70.6M), and Netherlands ($34.1M).

Imports In 2022, United States imported $5.9B in Therapeutic Appliances, becoming the 1st largest importer of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 105th most imported product in United States. United States imports Therapeutic Appliances primarily from: China ($2.29B), Singapore ($1.01B), Mexico ($841M), Australia ($461M), and Canada ($234M).

The fastest growing import markets in Therapeutic Appliances for United States between 2021 and 2022 were Australia ($143M), Singapore ($111M), and Netherlands ($37.4M).

COMPANIES In 2023, leading companies such as CrimsonLogic (463), CSI Importers (91), and Yaheetech (74) were at the forefront of shipping Therapeutic Appliances to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Therapeutic Appliances exports accounted up to $142M and imports accounted up to $546M, resulting in a negative trade balance of $404M. Between August 2023 and August 2024 the exports of United States'   Therapeutic Appliances have decreased by $-16.5M (-10.4%) from $158M to $142M, while imports increased by $61.8M (12.8%) from $484M to $546M.

Destinations In August 2024, Therapeutic Appliances were exported mostly to Canada ($34.1M), Mexico ($19.8M), Japan ($19.5M), Germany ($13.1M), and Netherlands ($9.38M), and were imported mostly from China ($175M), Singapore ($149M), Mexico ($81.7M), Australia ($23.1M), and New Zealand ($16.7M).

Growth In August 2024, the decrease in Therapeutic Appliances's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-9.65M or -54.9%), United Kingdom ($-3.97M or -62.5%), and Australia ($-2.77M or -36.3%). In August 2024, the increase in Therapeutic Appliances's year-by-year imports was explained primarily by an increase in imports from Singapore ($65.6M or 84.9%), Australia ($8M or 28.1%), and France ($4.38M or 635%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-16.5M(-10.4%)
IMPORT GROWTH (August 2023 - August 2024)$61.8M(12.8%)
MAIN EXPORTER (August 2024)California$41.8M
MAIN DESTINATION (August 2024)Canada$34.1M

This section shows Therapeutic Appliances'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 Therapeutic Appliances over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.93B
IMPORTS (2022)$5.9B
NET TRADE (2022)-$3.97B

In 2022, United States exported $1.93B in Therapeutic Appliances. The main destinations of United States exports on Therapeutic Appliances were Canada ($409M), Germany ($265M), Mexico ($208M), Netherlands ($192M), and France ($101M).

In 2022, United States imported $5.9B in Therapeutic Appliances, mainly from China ($2.29B), Singapore ($1.01B), Mexico ($841M), Australia ($461M), and Canada ($234M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Therapeutic Appliances EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$94.4M (83.2%)
Germany$70.6M (36.3%)
Netherlands$34.1M (21.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Therapeutic Appliances BY United States WERE (2021 - 2022):
India-$92.4M (-74.7%)
China-$47.3M (-43.9%)
Japan-$46.5M (-39.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, United States's main exporting competitors in Therapeutic Appliances were:
China $7.26B
Singapore $1.49B
In 2022, United States's main importing competitors in Therapeutic Appliances were:
Germany $1.31B
Netherlands $1.2B

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Trade Value of Therapeutic Appliances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $19.7M
TOP IMPORT POTENTIALCanada+ $105M

Therapeutic Appliances’s highest export potential is China. With an export gap of $19.7M.   Therapeutic Appliances’s highest import potential is Canada with an import gap of $105M.

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