Video Recording Equipment in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $2.15B in Video Recording Equipment, making it the 8th largest exporter of Video Recording Equipment in the world. At the same year, Video Recording Equipment was the 146th most exported product in United States. The main destination of Video Recording Equipment exports from United States are: Canada ($743M), Mexico ($256M), Germany ($164M), United Kingdom ($95.4M), and Hong Kong ($74.1M).

The fastest growing export markets for Video Recording Equipment of United States between 2021 and 2022 were Canada ($298M), United Kingdom ($30.5M), and Germany ($30.3M).

Imports In 2022, United States imported $9.89B in Video Recording Equipment, becoming the 1st largest importer of Video Recording Equipment in the world. At the same year, Video Recording Equipment was the 66th most imported product in United States. United States imports Video Recording Equipment primarily from: China ($3.17B), Thailand ($1.1B), Vietnam ($1.01B), Chinese Taipei ($967M), and Japan ($904M).

The fastest growing import markets in Video Recording Equipment for United States between 2021 and 2022 were Thailand ($297M), Vietnam ($268M), and Chinese Taipei ($185M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS USA (31) and ROBERT BOSCH LLC (3) were at the forefront of shipping Video Recording Equipment to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Video Recording Equipment exports accounted up to $12.7M and imports accounted up to $39.6M, resulting in a negative trade balance of $27M. Between February 2023 and February 2024 the exports of United States' Video Recording Equipment have increased by $1.03M (8.83%) from $11.6M to $12.7M, while imports increased by $307k (0.78%) from $39.3M to $39.6M.

Destinations In February 2024, Video Recording Equipment were exported mostly to Canada ($3.32M), Mexico ($2.42M), Greece ($2M), Colombia ($691k), and Singapore ($469k), and were imported mostly from China ($11.5M), Chinese Taipei ($4.56M), Vietnam ($3.63M), Israel ($2.95M), and Malaysia ($2.64M).

Growth In February 2024, the increase in Video Recording Equipment's year-by-year exports was explained primarily by an increase in exports to Australia ($818k or 524%), Venezuela ($707k or 6.77k%), and Netherlands ($308k or 175%). In February 2024, the increase in Video Recording Equipment's year-by-year imports was explained primarily by an increase in imports from Israel ($2.92M or 132%), Vietnam ($2.02M or 141%), and Poland ($1.01M or 7.29k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$1.03M(8.83%)

IMPORT GROWTH (February 2023 - February 2024)$307k(0.78%)

MAIN EXPORTER (February 2024)Florida$3.4M

MAIN DESTINATION (February 2024)Canada$3.32M

This section shows Video 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 Video Recording Equipment over time.

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