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2022
Exports $3.4BWorld Rnk 2 / 208
Flag Rnk 103 / 1217
2022
Destination $96.7M Canada
2021 - 2022
FASTEST GROWING MARKET $96.7MCanada
2022
PRODUCT COMPLEXITY IN Other Engines0.83Rnk 234 / 1025
2022
Imports $4.79BWorld Rnk 1 / 223
Flag Rnk 123 / 1216
2022
Origin $185M China
2021 - 2022
FASTEST GROWING ORIGIN $185MIndia
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $3.4B in Other Engines, making it the 2nd largest exporter of Other Engines in the world. At the same year, Other Engines was the 103rd most exported product in United States. The main destination of Other Engines exports from United States are: Canada ($627M), Mexico ($288M), Germany ($286M), Brazil ($207M), and United Kingdom ($199M).

The fastest growing export markets for Other Engines of United States between 2021 and 2022 were Canada ($96.7M), France ($83.7M), and Germany ($77.9M).

Imports In 2022, United States imported $4.79B in Other Engines, becoming the 1st largest importer of Other Engines in the world. At the same year, Other Engines was the 123rd most imported product in United States. United States imports Other Engines primarily from: China ($810M), Canada ($625M), India ($583M), Germany ($429M), and United Kingdom ($340M).

The fastest growing import markets in Other Engines for United States between 2021 and 2022 were India ($185M), China ($103M), and Philippines ($71.7M).

COMPANIES In 2023, leading companies such as POCLAIN HYDRAULICS INC (826), CUMMINS JAW WAREHOUSE (292), and CUMMINS ROCKY MOUNT ENGINE PLANT (233) were at the forefront of shipping Other Engines to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Other Engines exports accounted up to $342M and imports accounted up to $480M, resulting in a negative trade balance of $138M. Between February 2023 and February 2024 the exports of United States'   Other Engines have increased by $44.5M (15%) from $298M to $342M, while imports increased by $6.84M (1.45%) from $473M to $480M.

Destinations In February 2024, Other Engines were exported mostly to Canada ($62.8M), Mexico ($31.6M), Germany ($27.4M), United Kingdom ($22.8M), and Brazil ($20.6M), and were imported mostly from Mexico ($90.8M), China ($50.8M), Japan ($47.6M), Germany ($47.2M), and Canada ($42.7M).

Growth In February 2024, the increase in Other Engines's year-by-year exports was explained primarily by an increase in exports to Japan ($44M or 623%), Canada ($7.15M or 11.5%), and United Kingdom ($7.08M or 63.8%). In February 2024, the increase in Other Engines's year-by-year imports was explained primarily by an increase in imports from Germany ($17.7M or 58.4%), Japan ($7.69M or 22.5%), and Mexico ($6.62M or 8.24%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$44.5M(15%)
IMPORT GROWTH (February 2023 - February 2024)$6.84M(1.45%)
MAIN EXPORTER (February 2024)Texas$53M
MAIN DESTINATION (February 2024)Canada$62.8M

This section shows Other Engines'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 Other Engines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.4B
IMPORTS (2022)$4.79B
NET TRADE (2022)-$1.38B

In 2022, United States exported $3.4B in Other Engines. The main destinations of United States exports on Other Engines were Canada ($627M), Mexico ($288M), Germany ($286M), Brazil ($207M), and United Kingdom ($199M).

In 2022, United States imported $4.79B in Other Engines, mainly from China ($810M), Canada ($625M), India ($583M), Germany ($429M), and United Kingdom ($340M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Engines EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$96.7M (18.2%)
France$83.7M (109%)
Germany$77.9M (37.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Engines BY United States WERE (2021 - 2022):
Morocco-$31.2M (-25.7%)
Costa Rica-$12.8M (-81.8%)
Denmark-$12.2M (-71.7%)
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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 Other Engines were:
China $4.52B
Germany $3.05B
In 2022, United States's main importing competitors in Other Engines were:
Germany $2.57B
China $1.45B

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Trade Value of Other Engines by Exporters

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