2022
Exports
$18.8MWorld Rnk 6 / 110
Flag Rnk 993 / 1217
2022
PRODUCT COMPLEXITY IN Time Switches
0.78Rnk 256 / 1025
2022
Imports
$107MWorld Rnk 1 / 198
Flag Rnk 870 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $18.8M in Time Switches, making it the 6th largest exporter of Time Switches in the world. At the same year, Time Switches was the 993rd most exported product in United States. The main destination of Time Switches exports from United States are: Canada ($6.61M), Mexico ($6.12M), Australia ($445k), Israel ($444k), and Spain ($404k).

The fastest growing export markets for Time Switches of United States between 2021 and 2022 were Mexico ($2.02M), Spain ($296k), and Israel ($283k).

Imports In 2022, United States imported $107M in Time Switches, becoming the 1st largest importer of Time Switches in the world. At the same year, Time Switches was the 870th most imported product in United States. United States imports Time Switches primarily from: Mexico ($67.8M), China ($27.4M), Hong Kong ($3.9M), Tunisia ($1.83M), and France ($1.54M).

The fastest growing import markets in Time Switches for United States between 2021 and 2022 were France ($894k), Tunisia ($650k), and Canada ($270k).

COMPANIES In 2023, leading companies such as Electrolux (19), Disney Cruise Line (10), and IKEA Group (3) were at the forefront of shipping Time Switches to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-277k(-12.2%)
IMPORT GROWTH (June 2023 - June 2024)$-840k(-14.7%)
MAIN EXPORTER (June 2024)Texas$418k
MAIN DESTINATION (June 2024)Canada$966k

This section shows Time Switches'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 Time Switches over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$18.8M
IMPORTS (2022)$107M
NET TRADE (2022)-$88.2M

In 2022, United States exported $18.8M in Time Switches. The main destinations of United States exports on Time Switches were Canada ($6.61M), Mexico ($6.12M), Australia ($445k), Israel ($444k), and Spain ($404k).

In 2022, United States imported $107M in Time Switches, mainly from Mexico ($67.8M), China ($27.4M), Hong Kong ($3.9M), Tunisia ($1.83M), and France ($1.54M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Time Switches EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$2.02M (49.3%)
Spain$296k (273%)
Israel$283k (177%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Switches BY United States WERE (2021 - 2022):
France-$1.04M (-72%)
Canada-$460k (-6.51%)
Switzerland-$418k (-64.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Time Switches were:
In 2022, United States's main importing competitors in Time Switches were:

Explore Visualizations

Trade Value of Time Switches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $254k
TOP IMPORT POTENTIALFrance+ $923k

Time Switches’s highest export potential is Germany. With an export gap of $254k.   Time Switches’s highest import potential is France with an import gap of $923k.

See methodology.

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