2022
Exports
$3.92BWorld Rnk 2 / 216
Flag Rnk 92 / 1217
2022
PRODUCT COMPLEXITY IN Gas and Liquid Flow Measuring Instruments
1.18Rnk 107 / 1025
2022
Imports
$3.96BWorld Rnk 1 / 225
Flag Rnk 142 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $3.92B in Gas and Liquid Flow Measuring Instruments, making it the 2nd largest exporter of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 92nd most exported product in United States. The main destination of Gas and Liquid Flow Measuring Instruments exports from United States are: Mexico ($622M), Canada ($510M), China ($371M), Germany ($285M), and United Kingdom ($182M).

The fastest growing export markets for Gas and Liquid Flow Measuring Instruments of United States between 2021 and 2022 were Mexico ($116M), Canada ($84.8M), and United Kingdom ($34.3M).

Imports In 2022, United States imported $3.96B in Gas and Liquid Flow Measuring Instruments, becoming the 1st largest importer of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 142nd most imported product in United States. United States imports Gas and Liquid Flow Measuring Instruments primarily from: Mexico ($919M), Germany ($548M), China ($511M), United Kingdom ($255M), and Japan ($228M).

The fastest growing import markets in Gas and Liquid Flow Measuring Instruments for United States between 2021 and 2022 were Mexico ($111M), Canada ($52M), and Malaysia ($37M).

COMPANIES In 2023, leading companies such as Robert Bosch (300), Volvo (53), and CONTINENTAL AUTOMOTIVE SYSTEMS, INC (38) were at the forefront of shipping Gas and Liquid Flow Measuring Instruments to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-5.44M(-1.47%)
IMPORT GROWTH (June 2023 - June 2024)$-6.85M(-2.03%)
MAIN EXPORTER (June 2024)Texas$62.4M
MAIN DESTINATION (June 2024)Canada$59.8M

This section shows Gas and Liquid Flow Measuring Instruments'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 Gas and Liquid Flow Measuring Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.92B
IMPORTS (2022)$3.96B
NET TRADE (2022)-$42.2M

In 2022, United States exported $3.92B in Gas and Liquid Flow Measuring Instruments. The main destinations of United States exports on Gas and Liquid Flow Measuring Instruments were Mexico ($622M), Canada ($510M), China ($371M), Germany ($285M), and United Kingdom ($182M).

In 2022, United States imported $3.96B in Gas and Liquid Flow Measuring Instruments, mainly from Mexico ($919M), Germany ($548M), China ($511M), United Kingdom ($255M), and Japan ($228M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas and Liquid Flow Measuring Instruments EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$116M (22.9%)
Canada$84.8M (19.9%)
United Kingdom$34.3M (23.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas and Liquid Flow Measuring Instruments BY United States WERE (2021 - 2022):
China-$14.5M (-3.76%)
Russia-$14.3M (-78.4%)
Trinidad and Tobago-$5.03M (-36.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Gas and Liquid Flow Measuring Instruments were:
Germany $4.81B
China $3.03B
In 2022, United States's main importing competitors in Gas and Liquid Flow Measuring Instruments were:
China $2.45B
Germany $2.28B

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Trade Value of Gas and Liquid Flow Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $66.3M
TOP IMPORT POTENTIALChina+ $94.1M

Gas and Liquid Flow Measuring Instruments’s highest export potential is China. With an export gap of $66.3M.   Gas and Liquid Flow Measuring Instruments’s highest import potential is China with an import gap of $94.1M.

See methodology.

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