2022
Exports
$821MWorld Rnk 2 / 190
Flag Rnk 287 / 1217
2022
PRODUCT COMPLEXITY IN Batteries
0.69Rnk 280 / 1025
2022
Imports
$1.23BWorld Rnk 1 / 225
Flag Rnk 353 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $821M in Batteries, making it the 2nd largest exporter of Batteries in the world. At the same year, Batteries was the 287th most exported product in United States. The main destination of Batteries exports from United States are: Canada ($155M), Mexico ($131M), Switzerland ($56.8M), Singapore ($52.6M), and United Kingdom ($41.5M).

The fastest growing export markets for Batteries of United States between 2021 and 2022 were Canada ($30.3M), Mexico ($18.3M), and Switzerland ($10.4M).

Imports In 2018, United States imported $1.23B in Batteries, becoming the 1st largest importer of Batteries in the world. At the same year, Batteries was the 353rd most imported product in United States. United States imports Batteries primarily from: China ($393M), Singapore ($182M), Malaysia ($112M), Japan ($93.3M), and Indonesia ($77.3M).

The fastest growing import markets in Batteries for United States between 2021 and 2022 were China ($41.5M), Canada ($19.7M), and Mexico ($10.6M).

COMPANIES In 2023, leading companies such as Samsung (718), Ford Motor Company (222), and LG Electronics (196) were at the forefront of shipping Batteries to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-4.33M(-5.59%)
IMPORT GROWTH (June 2023 - June 2024)$-18.2M(-16.9%)
MAIN EXPORTER (June 2024)Minnesota$17.5M
MAIN DESTINATION (June 2024)Mexico$11.9M

This section shows Batteries'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 Batteries over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$821M
IMPORTS (2022)$1.23B
NET TRADE (2022)-$414M

In 2022, United States exported $821M in Batteries. The main destinations of United States exports on Batteries were Canada ($155M), Mexico ($131M), Switzerland ($56.8M), Singapore ($52.6M), and United Kingdom ($41.5M).

In 2022, United States imported $1.23B in Batteries, mainly from China ($393M), Singapore ($182M), Malaysia ($112M), Japan ($93.3M), and Indonesia ($77.3M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Batteries EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$30.3M (24.3%)
Mexico$18.3M (16.3%)
Switzerland$10.4M (22.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Batteries BY United States WERE (2021 - 2022):
South Korea-$5.4M (-37.2%)
Nigeria-$4.37M (-94.1%)
Brazil-$4.31M (-46.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $10.3M
TOP IMPORT POTENTIALChina+ $32.9M

Batteries’s highest export potential is Germany. With an export gap of $10.3M.   Batteries’s highest import potential is China with an import gap of $32.9M.

See methodology.

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