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2022
Exports $1.27BWorld Rnk 5 / 200
Flag Rnk 227 / 1217
2022
Destination $28.6M Canada
2021 - 2022
FASTEST GROWING MARKET $28.6MMexico
2022
PRODUCT COMPLEXITY IN Washing and Bottling Machines0.96Rnk 191 / 1025
2022
Imports $5.4BWorld Rnk 1 / 224
Flag Rnk 112 / 1216
2022
Origin $37.5M Germany
2021 - 2022
FASTEST GROWING ORIGIN $37.5MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.27B in Washing and Bottling Machines, making it the 5th largest exporter of Washing and Bottling Machines in the world. At the same year, Washing and Bottling Machines was the 227th most exported product in United States. The main destination of Washing and Bottling Machines exports from United States are: Canada ($507M), Mexico ($172M), China ($51.1M), United Kingdom ($47.5M), and Netherlands ($40.2M).

The fastest growing export markets for Washing and Bottling Machines of United States between 2021 and 2022 were Mexico ($28.6M), Canada ($18M), and India ($11M).

Imports In 2022, United States imported $5.4B in Washing and Bottling Machines, becoming the 1st largest importer of Washing and Bottling Machines in the world. At the same year, Washing and Bottling Machines was the 112th most imported product in United States. United States imports Washing and Bottling Machines primarily from: Germany ($1.09B), Italy ($950M), Canada ($641M), China ($549M), and South Korea ($334M).

The fastest growing import markets in Washing and Bottling Machines for United States between 2021 and 2022 were China ($37.5M), South Korea ($37.4M), and Sweden ($21.3M).

COMPANIES In 2023, leading companies such as LG Electronics (3.89k), Samsung (3.27k), and BSH Home Appliances (721) were at the forefront of shipping Washing and Bottling Machines to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Washing and Bottling Machines exports accounted up to $116M and imports accounted up to $479M, resulting in a negative trade balance of $363M. Between August 2023 and August 2024 the exports of United States'   Washing and Bottling Machines have decreased by $-13.1M (-10.2%) from $129M to $116M, while imports increased by $34.1M (7.67%) from $445M to $479M.

Destinations In August 2024, Washing and Bottling Machines were exported mostly to Canada ($49.6M), Mexico ($15.5M), Germany ($12.3M), Spain ($4.54M), and United Kingdom ($4.24M), and were imported mostly from Germany ($108M), Italy ($102M), Canada ($47.8M), China ($38.1M), and South Korea ($25.5M).

Growth In August 2024, the decrease in Washing and Bottling Machines's year-by-year exports was explained primarily by a decrease in exports to Spain ($-2.1M or -66.2%), Italy ($-1.13M or -32.7%), and Guatemala ($-779k or -78%). In August 2024, the increase in Washing and Bottling Machines's year-by-year imports was explained primarily by an increase in imports from Germany ($70.1M or 81.5%), Canada ($15.8M or 46.5%), and Italy ($12M or 13%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-13.1M(-10.2%)
IMPORT GROWTH (August 2023 - August 2024)$34.1M(7.67%)
MAIN EXPORTER (August 2024)Ohio$15M
MAIN DESTINATION (August 2024)Canada$49.6M

This section shows Washing and Bottling 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 Washing and Bottling Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.27B
IMPORTS (2022)$5.4B
NET TRADE (2022)-$4.14B

In 2022, United States exported $1.27B in Washing and Bottling Machines. The main destinations of United States exports on Washing and Bottling Machines were Canada ($507M), Mexico ($172M), China ($51.1M), United Kingdom ($47.5M), and Netherlands ($40.2M).

In 2022, United States imported $5.4B in Washing and Bottling Machines, mainly from Germany ($1.09B), Italy ($950M), Canada ($641M), China ($549M), and South Korea ($334M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Washing and Bottling Machines EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$28.6M (19.9%)
Canada$18M (3.68%)
India$11M (131%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Washing and Bottling Machines BY United States WERE (2021 - 2022):
Germany-$15.6M (-28.6%)
Brazil-$13.7M (-46.2%)
Singapore-$7.69M (-62.5%)
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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 Washing and Bottling Machines were:
Germany $7.48B
Italy $6.22B
China $3.97B
In 2022, United States's main importing competitors in Washing and Bottling Machines were:
Germany $2.33B
France $1.63B

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Trade Value of Washing and Bottling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $32.4M
TOP IMPORT POTENTIALChina+ $147M

Washing and Bottling Machines’s highest export potential is China. With an export gap of $32.4M.   Washing and Bottling Machines’s highest import potential is China with an import gap of $147M.

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