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2023
Exports $111MWorld Rnk 4 / 129
Flag Rnk 687 / 1217
2023
Destination $9.39M Canada
2022 - 2023
FASTEST GROWING MARKET $9.39MMexico
2023
PRODUCT COMPLEXITY IN Vending Machines0.74Rnk 269 / 1025
2023
Imports $257MWorld Rnk 1 / 196
Flag Rnk 684 / 1215
2023
Origin $14.6M China
2022 - 2023
FASTEST GROWING ORIGIN $14.6MIndonesia
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $111M in Vending Machines, making it the 4th largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 687th most exported product in United States. The main destination of Vending Machines exports from United States are: Canada ($34.3M), United Kingdom ($18.6M), Mexico ($16.7M), France ($5.2M), and Greece ($4.73M).

The fastest growing export markets for Vending Machines of United States between 2022 and 2023 were Mexico ($9.39M), United Kingdom ($8M), and Canada ($5.62M).

Imports In 2023, United States imported $257M in Vending Machines, becoming the 1st largest importer of Vending Machines in the world. At the same year, Vending Machines was the 684th most imported product in United States. United States imports Vending Machines primarily from: China ($59.7M), Canada ($37.9M), Philippines ($20.7M), Indonesia ($17.7M), and Mexico ($16.1M).

The fastest growing import markets in Vending Machines for United States between 2022 and 2023 were Indonesia ($14.6M), Philippines ($11.2M), and Spain ($5.76M).

COMPANIES In 2023, leading companies such as Samsung (10), CrimsonLogic (10), and HP Inc (4) were at the forefront of shipping Vending Machines to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Vending Machines exports accounted up to $8M and imports accounted up to $24.6M, resulting in a negative trade balance of $16.6M. Between November 2023 and November 2024 the exports of United States'   Vending Machines have decreased by $-3.83M (-32.4%) from $11.8M to $8M, while imports increased by $8.25M (50.3%) from $16.4M to $24.6M.

Destinations In November 2024, Vending Machines were exported mostly to Canada ($3.22M), United Kingdom ($1.42M), Germany ($683k), Ireland ($522k), and Mexico ($515k), and were imported mostly from Vietnam ($8.79M), China ($5.24M), Netherlands ($1.94M), Canada ($1.27M), and India ($1.13M).

Growth In November 2024, the decrease in Vending Machines's year-by-year exports was explained primarily by a decrease in exports to Germany ($-2.87M or -99.4%), Israel ($-138k or -87.6%), and Chinese Taipei ($-107k or -93.5%). In November 2024, the increase in Vending Machines's year-by-year imports was explained primarily by an increase in imports from Spain ($1.63M or 3.17k%), Chinese Taipei ($1.42M or 362%), and Mexico ($1.02M or 135%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-3.83M(-32.4%)
IMPORT GROWTH (November 2023 - November 2024)$8.25M(50.3%)
MAIN EXPORTER (November 2024)Texas$2.65M
MAIN DESTINATION (November 2024)Canada$3.22M

This section shows Vending Machines'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 Vending Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$111M
IMPORTS (2023)$257M
NET TRADE (2023)-$146M

In 2023, United States exported $111M in Vending Machines. The main destinations of United States exports on Vending Machines were Canada ($34.3M), United Kingdom ($18.6M), Mexico ($16.7M), France ($5.2M), and Greece ($4.73M).

In 2023, United States imported $257M in Vending Machines, mainly from China ($59.7M), Canada ($37.9M), Philippines ($20.7M), Indonesia ($17.7M), and Mexico ($16.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR United States WERE (2022 - 2023):
Mexico$9.39M (129%)
United Kingdom$8M (75.5%)
Canada$5.62M (19.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY United States WERE (2022 - 2023):
Kuwait-$1.76M (-93.6%)
Ireland-$1.5M (-42.1%)
Sweden-$961k (-91.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Vending Machines were:
Italy $454M
China $330M
Germany $152M
In 2023, United States's main importing competitors in Vending Machines were:
France $156M
United Kingdom $135M

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Trade Value of Vending Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $1.12M
TOP IMPORT POTENTIALItaly+ $5.62M

Vending Machines’s highest export potential is Mexico. With an export gap of $1.12M.   Vending Machines’s highest import potential is Italy with an import gap of $5.62M.

See methodology.

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