Photo Lab Equipment in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $774M in Photo Lab Equipment, making it the 5th largest exporter of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 300th most exported product in United States. The main destination of Photo Lab Equipment exports from United States are: Chinese Taipei ($722M), Canada ($11.2M), Japan ($5.78M), China ($3.5M), and Germany ($2.8M).

The fastest growing export markets for Photo Lab Equipment of United States between 2021 and 2022 were Peru ($1.43M), Chile ($859k), and Argentina ($827k).

Imports In 2022, United States imported $225M in Photo Lab Equipment, becoming the 4th largest importer of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 733rd most imported product in United States. United States imports Photo Lab Equipment primarily from: Chinese Taipei ($147M), China ($26.3M), Canada ($9M), Vietnam ($8.88M), and Germany ($7.64M).

The fastest growing import markets in Photo Lab Equipment for United States between 2021 and 2022 were Vietnam ($2.67M), Norway ($387k), and Sri Lanka ($164k).

COMPANIES In 2023, leading companies such as CNH INDUSTRIAL AMERICA LLC (2.32k), COSTCO WHOLESALE COPRORATION (1.22k), and AMAZON SERVICES LLC (1.04k) were at the forefront of shipping Photo Lab Equipment to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Photo Lab Equipment exports accounted up to $5.14M and imports accounted up to $5.65M, resulting in a negative trade balance of $505k. Between January 2023 and January 2024 the exports of United States' Photo Lab Equipment have decreased by $-42.9k (-0.83%) from $5.19M to $5.14M, while imports increased by $1.68M (42.3%) from $3.97M to $5.65M.

Destinations In January 2024, Photo Lab Equipment were exported mostly to Canada ($1.05M), China ($827k), Japan ($420k), Qatar ($396k), and Greece ($347k), and were imported mostly from China ($1.94M), Germany ($1.64M), Austria ($498k), Japan ($372k), and Canada ($310k).

Growth In January 2024, the decrease in Photo Lab Equipment's year-by-year exports was explained primarily by a decrease in exports to Israel ($-236k or -95%), Thailand ($-112k or -93.4%), and South Korea ($-57.2k or -94.4%). In January 2024, the increase in Photo Lab Equipment's year-by-year imports was explained primarily by an increase in imports from Japan ($713k or 1.2k%), Austria ($183k or 104%), and Canada ($148k or 26.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-42.9k(-0.83%)

IMPORT GROWTH (January 2023 - January 2024)$1.68M(42.3%)

MAIN EXPORTER (January 2024)California$1.54M

MAIN DESTINATION (January 2024)Canada$1.05M

This section shows Photo Lab Equipment'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 Photo Lab Equipment over time.

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