2022
Exports
$135MWorld Rnk 5 / 175
Flag Rnk 683 / 1217
2022
PRODUCT COMPLEXITY IN Sound Recording Equipment
0.32Rnk 439 / 1025
2022
Imports
$1.01BWorld Rnk 1 / 209
Flag Rnk 395 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $135M in Sound Recording Equipment, making it the 5th largest exporter of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 683rd most exported product in United States. The main destination of Sound Recording Equipment exports from United States are: Canada ($37.6M), Germany ($14.3M), China ($11.2M), United Kingdom ($8.29M), and Mexico ($5.87M).

The fastest growing export markets for Sound Recording Equipment of United States between 2021 and 2022 were Canada ($30.5M), Germany ($11M), and China ($9.49M).

Imports In 2022, United States imported $1.01B in Sound Recording Equipment, becoming the 1st largest importer of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 395th most imported product in United States. United States imports Sound Recording Equipment primarily from: China ($728M), Vietnam ($55.4M), Malaysia ($50.6M), Chinese Taipei ($43.4M), and Germany ($32.8M).

The fastest growing import markets in Sound Recording Equipment for United States between 2021 and 2022 were China ($576M), Vietnam ($54.6M), and Malaysia ($41.3M).

COMPANIES In 2023, leading companies such as TOYOTA MOTOR MANUFACTURING (258), GLOBAL ETRADE SERVICES INC (186), and CUMMINS JAW WAREHOUSE (106) were at the forefront of shipping Sound Recording Equipment to the United States.

Latest Trends

February 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$12.1M(106%)
IMPORT GROWTH (February 2023 - February 2024)$13.3M(22.6%)
MAIN EXPORTER (February 2024)Kansas$13.6M
MAIN DESTINATION (February 2024)Canada$3.85M

This section shows Sound Recording 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 Sound Recording Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$135M
IMPORTS (2022)$1.01B
NET TRADE (2022)-$874M

In 2022, United States exported $135M in Sound Recording Equipment. The main destinations of United States exports on Sound Recording Equipment were Canada ($37.6M), Germany ($14.3M), China ($11.2M), United Kingdom ($8.29M), and Mexico ($5.87M).

In 2022, United States imported $1.01B in Sound Recording Equipment, mainly from China ($728M), Vietnam ($55.4M), Malaysia ($50.6M), Chinese Taipei ($43.4M), and Germany ($32.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sound Recording Equipment EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$30.5M (429%)
Germany$11M (336%)
China$9.49M (554%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sound Recording Equipment BY United States WERE (2021 - 2022):
Paraguay-$1.27M (-87.8%)
Malaysia-$768k (-74.9%)
Switzerland-$394k (-51.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Sound Recording Equipment were:
In 2022, United States's main importing competitors in Sound Recording Equipment were:

Explore Visualizations

Trade Value of Sound Recording Equipment by Exporters

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