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2023
Exports $125MWorld Rnk 3 / 131
Flag Rnk 664 / 1217
2023
Destination $19.3M Singapore
2022 - 2023
FASTEST GROWING MARKET $19.3MSingapore
2023
PRODUCT COMPLEXITY IN Water and Gas Generators0.069Rnk 534 / 1025
2023
Imports $94.8MWorld Rnk 1 / 201
Flag Rnk 872 / 1215
2023
Origin $20.9M Germany
2022 - 2023
FASTEST GROWING ORIGIN $20.9MGermany
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $125M in Water and Gas Generators, making it the 3rd largest exporter of Water and Gas Generators in the world. At the same year, Water and Gas Generators was the 664th most exported product in United States. The main destination of Water and Gas Generators exports from United States are: Singapore ($20M), Canada ($16M), Indonesia ($12.5M), India ($9.88M), and Mexico ($8.98M).

The fastest growing export markets for Water and Gas Generators of United States between 2022 and 2023 were Singapore ($19.3M), Indonesia ($11.8M), and Saudi Arabia ($2.95M).

Imports In 2023, United States imported $94.8M in Water and Gas Generators, becoming the 1st largest importer of Water and Gas Generators in the world. At the same year, Water and Gas Generators was the 872nd most imported product in United States. United States imports Water and Gas Generators primarily from: Germany ($31.1M), United Kingdom ($13.3M), South Korea ($12.4M), Thailand ($6.89M), and Netherlands ($6.59M).

The fastest growing import markets in Water and Gas Generators for United States between 2022 and 2023 were Germany ($20.9M), South Korea ($11.4M), and China ($3.99M).

COMPANIES In 2023, leading companies such as Parker (21), Electrolux (3), and Celebrity Cruises (3) were at the forefront of shipping Water and Gas Generators to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Water and Gas Generators exports accounted up to $13M and imports accounted up to $2.16M, resulting in a positive trade balance of $10.8M. Between November 2023 and November 2024 the exports of United States'   Water and Gas Generators have increased by $6.1M (88.4%) from $6.9M to $13M, while imports decreased by $-2.32M (-51.7%) from $4.49M to $2.16M.

Destinations In November 2024, Water and Gas Generators were exported mostly to Australia ($6.9M), Spain ($1.03M), Mexico ($764k), China ($750k), and Canada ($746k), and were imported mostly from France ($861k), United Kingdom ($399k), Italy ($259k), Canada ($183k), and Germany ($174k).

Growth In November 2024, the increase in Water and Gas Generators's year-by-year exports was explained primarily by an increase in exports to Canada ($1.07M or 106%), Chile ($926k or 32.4k%), and Australia ($799k or 5.05k%). In November 2024, the decrease in Water and Gas Generators's year-by-year imports was explained primarily by a decrease in imports from Belgium ($-479k or -89%), United Kingdom ($-327k or -40.4%), and Canada ($-196k or -70.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$6.1M(88.4%)
IMPORT GROWTH (November 2023 - November 2024)$-2.32M(-51.7%)
MAIN EXPORTER (November 2024)Maryland$6.88M
MAIN DESTINATION (November 2024)Australia$6.9M

This section shows Water and Gas Generators'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 Water and Gas Generators over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$125M
IMPORTS (2023)$94.8M
NET TRADE (2023)$30.5M

In 2023, United States exported $125M in Water and Gas Generators. The main destinations of United States exports on Water and Gas Generators were Singapore ($20M), Canada ($16M), Indonesia ($12.5M), India ($9.88M), and Mexico ($8.98M).

In 2023, United States imported $94.8M in Water and Gas Generators, mainly from Germany ($31.1M), United Kingdom ($13.3M), South Korea ($12.4M), Thailand ($6.89M), and Netherlands ($6.59M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Water and Gas Generators EXPORT MARKETS FOR United States WERE (2022 - 2023):
Singapore$19.3M (2.9k%)
Indonesia$11.8M (1.73k%)
Saudi Arabia$2.95M (93.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Water and Gas Generators BY United States WERE (2022 - 2023):
Mexico-$20.1M (-69.1%)
Angola-$4.42M (-97.1%)
South Korea-$3.68M (-73%)
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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 Water and Gas Generators were:
Germany $156M
China $151M
In 2023, United States's main importing competitors in Water and Gas Generators were:
Indonesia $59.1M
Germany $44.5M

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Trade Value of Water and Gas Generators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.27M
TOP IMPORT POTENTIALCanada+ $2.04M

Water and Gas Generators’s highest export potential is China. With an export gap of $1.27M.   Water and Gas Generators’s highest import potential is Canada with an import gap of $2.04M.

See methodology.

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