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2022
Exports $2.02BWorld Rnk 3 / 209
Flag Rnk 156 / 1217
2022
Destination $79.6M Mexico
2021 - 2022
FASTEST GROWING MARKET $79.6MCanada
2022
PRODUCT COMPLEXITY IN Electrical Ignitions0.62Rnk 310 / 1025
2022
Imports $4.44BWorld Rnk 1 / 223
Flag Rnk 127 / 1216
2022
Origin $83.4M Mexico
2021 - 2022
FASTEST GROWING ORIGIN $83.4MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $2.02B in Electrical Ignitions, making it the 3rd largest exporter of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 156th most exported product in United States. The main destination of Electrical Ignitions exports from United States are: Mexico ($794M), Canada ($357M), United Kingdom ($164M), China ($74.1M), and Germany ($59.3M).

The fastest growing export markets for Electrical Ignitions of United States between 2021 and 2022 were Canada ($79.6M), Mexico ($51.9M), and United Kingdom ($13M).

Imports In 2022, United States imported $4.44B in Electrical Ignitions, becoming the 1st largest importer of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 127th most imported product in United States. United States imports Electrical Ignitions primarily from: Mexico ($1.56B), Japan ($1.07B), China ($639M), Germany ($263M), and South Korea ($188M).

The fastest growing import markets in Electrical Ignitions for United States between 2021 and 2022 were Mexico ($83.4M), South Korea ($50.8M), and China ($25.1M).

COMPANIES In 2023, leading companies such as PACCAR ENGINE COMPANY (360), ROBERT BOSCH LLC (146), and TE CONNECTIVITY CORPORATION (144) were at the forefront of shipping Electrical Ignitions to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Electrical Ignitions exports accounted up to $198M and imports accounted up to $390M, resulting in a negative trade balance of $193M. Between February 2023 and February 2024 the exports of United States'   Electrical Ignitions have increased by $22.2M (12.7%) from $175M to $198M, while imports increased by $58.4M (17.6%) from $332M to $390M.

Destinations In February 2024, Electrical Ignitions were exported mostly to Mexico ($69.4M), Canada ($39.3M), United Kingdom ($19.7M), Germany ($6.31M), and Japan ($5.97M), and were imported mostly from Mexico ($135M), Japan ($98.3M), China ($51.8M), South Korea ($17.4M), and Thailand ($13M).

Growth In February 2024, the increase in Electrical Ignitions's year-by-year exports was explained primarily by an increase in exports to Canada ($5.53M or 16.3%), United Kingdom ($3.8M or 42.2%), and France ($1.46M or 73.8%). In February 2024, the increase in Electrical Ignitions's year-by-year imports was explained primarily by an increase in imports from Mexico ($15M or 14.2%), United Arab Emirates ($3.97M or 778%), and France ($3.68M or 99.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$22.2M(12.7%)
IMPORT GROWTH (February 2023 - February 2024)$58.4M(17.6%)
MAIN EXPORTER (February 2024)Texas$36.3M
MAIN DESTINATION (February 2024)Mexico$69.4M

This section shows Electrical Ignitions'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 Electrical Ignitions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.02B
IMPORTS (2022)$4.44B
NET TRADE (2022)-$2.42B

In 2022, United States exported $2.02B in Electrical Ignitions. The main destinations of United States exports on Electrical Ignitions were Mexico ($794M), Canada ($357M), United Kingdom ($164M), China ($74.1M), and Germany ($59.3M).

In 2022, United States imported $4.44B in Electrical Ignitions, mainly from Mexico ($1.56B), Japan ($1.07B), China ($639M), Germany ($263M), and South Korea ($188M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Ignitions EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$79.6M (28.7%)
Mexico$51.9M (7%)
United Kingdom$13M (8.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Ignitions BY United States WERE (2021 - 2022):
Netherlands-$4.01M (-25%)
Guatemala-$3.27M (-45.3%)
Russia-$3.17M (-79.1%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Electrical Ignitions were:
Japan $3.43B
China $3.22B
In 2022, United States's main importing competitors in Electrical Ignitions were:
Germany $2.05B
Mexico $1.66B

Explore Visualizations

Trade Value of Electrical Ignitions by Exporters

Keep Exploring

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