Pulley Systems in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $536M in Pulley Systems, making it the 4th largest exporter of Pulley Systems in the world. At the same year, Pulley Systems was the 374th most exported product in United States. The main destination of Pulley Systems exports from United States are: Canada ($202M), Mexico ($59M), United Kingdom ($25.7M), France ($19.2M), and Australia ($17.4M).

The fastest growing export markets for Pulley Systems of United States between 2021 and 2022 were Canada ($27.3M), Mexico ($8.71M), and Brazil ($6.39M).

Imports In 2022, United States imported $1.67B in Pulley Systems, becoming the 1st largest importer of Pulley Systems in the world. At the same year, Pulley Systems was the 288th most imported product in United States. United States imports Pulley Systems primarily from: China ($922M), Canada ($201M), Germany ($71.2M), Mexico ($62.3M), and Japan ($60.4M).

The fastest growing import markets in Pulley Systems for United States between 2021 and 2022 were Canada ($22.3M), Netherlands ($13.7M), and Chinese Taipei ($10.5M).

COMPANIES In 2023, leading companies such as SCHINDLER ELEVATOR CORPORATION (602), LG ELECTRONICS USA (384), and DANFOSS POWER SOLUTIONS COMPANY (195) were at the forefront of shipping Pulley Systems to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Pulley Systems exports accounted up to $60.3M and imports accounted up to $121M, resulting in a negative trade balance of $60.6M. Between February 2023 and February 2024 the exports of United States' Pulley Systems have increased by $15.6M (34.8%) from $44.7M to $60.3M, while imports increased by $9.5M (8.53%) from $111M to $121M.

Destinations In February 2024, Pulley Systems were exported mostly to Canada ($21.2M), Mexico ($6.01M), Saudi Arabia ($5.13M), France ($3.54M), and Japan ($2.75M), and were imported mostly from China ($55.3M), Canada ($14.7M), Mexico ($8.83M), Germany ($7.2M), and Japan ($4.93M).

Growth In February 2024, the increase in Pulley Systems's year-by-year exports was explained primarily by an increase in exports to Canada ($4.4M or 34.1%), Kuwait ($2.11M or 2.21k%), and Mexico ($1.49M or 35.3%). In February 2024, the increase in Pulley Systems's year-by-year imports was explained primarily by an increase in imports from Germany ($4.08M or 83.8%), United Kingdom ($1.05M or 97.6%), and India ($922k or 38.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$15.6M(34.8%)

IMPORT GROWTH (February 2023 - February 2024)$9.5M(8.53%)

MAIN EXPORTER (February 2024)Texas$10.3M

MAIN DESTINATION (February 2024)Canada$21.2M

This section shows Pulley Systems'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 Pulley Systems over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$536M

IMPORTS (2022)$1.67B

NET TRADE (2022)-$1.13B

In 2022, United States exported $536M in Pulley Systems. The main destinations of United States exports on Pulley Systems were Canada ($202M), Mexico ($59M), United Kingdom ($25.7M), France ($19.2M), and Australia ($17.4M).

In 2022, United States imported $1.67B in Pulley Systems, mainly from China ($922M), Canada ($201M), Germany ($71.2M), Mexico ($62.3M), and Japan ($60.4M).

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