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2022
Exports $54.2MWorld Rnk 7 / 135
Flag Rnk 850 / 1217
2022
Destination $5.71M Canada
2021 - 2022
FASTEST GROWING MARKET $5.71MItaly
2022
PRODUCT COMPLEXITY IN Rolling Machines1.58Rnk 38 / 1025
2022
Imports $181MWorld Rnk 2 / 199
Flag Rnk 772 / 1216
2022
Origin $12.1M Italy
2021 - 2022
FASTEST GROWING ORIGIN $12.1MItaly
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $54.2M in Rolling Machines, making it the 7th largest exporter of Rolling Machines in the world. At the same year, Rolling Machines was the 850th most exported product in United States. The main destination of Rolling Machines exports from United States are: Canada ($8.26M), Belgium ($6.98M), Italy ($6.61M), Mexico ($6.05M), and Germany ($4.57M).

The fastest growing export markets for Rolling Machines of United States between 2021 and 2022 were Italy ($5.71M), Belgium ($1.3M), and Australia ($1.25M).

Imports In 2022, United States imported $181M in Rolling Machines, becoming the 2nd largest importer of Rolling Machines in the world. At the same year, Rolling Machines was the 772nd most imported product in United States. United States imports Rolling Machines primarily from: Italy ($51.4M), Germany ($47.2M), China ($34M), Spain ($6.47M), and India ($6.27M).

The fastest growing import markets in Rolling Machines for United States between 2021 and 2022 were Italy ($12.1M), Spain ($4.74M), and Germany ($3.11M).

COMPANIES In 2023, leading companies such as Design Within Reach (1), Tesla (1), and CrimsonLogic (1) were at the forefront of shipping Rolling Machines to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Rolling Machines exports accounted up to $6.37M and imports accounted up to $36.6M, resulting in a negative trade balance of $30.2M. Between June 2023 and June 2024 the exports of United States'   Rolling Machines have increased by $1.39M (28%) from $4.98M to $6.37M, while imports increased by $24.2M (195%) from $12.4M to $36.6M.

Destinations In June 2024, Rolling Machines were exported mostly to Turkey ($2.16M), Canada ($1.11M), Mexico ($851k), Singapore ($459k), and Hong Kong ($315k), and were imported mostly from Germany ($19.1M), Italy ($6.1M), China ($5.4M), Czechia ($1.07M), and Japan ($922k).

Growth In June 2024, the increase in Rolling Machines's year-by-year exports was explained primarily by an increase in exports to India ($432k or 249%), Germany ($238k or 155%), and Ireland ($233k or 528%). In June 2024, the increase in Rolling Machines's year-by-year imports was explained primarily by an increase in imports from South Korea ($1.11M or 333%), Chinese Taipei ($393k or 62.1%), and Sweden ($149k or 51.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$1.39M(28%)
IMPORT GROWTH (June 2023 - June 2024)$24.2M(195%)
MAIN EXPORTER (June 2024)New Jersey$2.27M
MAIN DESTINATION (June 2024)Turkey$2.16M

This section shows Rolling Machines'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 Rolling Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$54.2M
IMPORTS (2022)$181M
NET TRADE (2022)-$127M

In 2022, United States exported $54.2M in Rolling Machines. The main destinations of United States exports on Rolling Machines were Canada ($8.26M), Belgium ($6.98M), Italy ($6.61M), Mexico ($6.05M), and Germany ($4.57M).

In 2022, United States imported $181M in Rolling Machines, mainly from Italy ($51.4M), Germany ($47.2M), China ($34M), Spain ($6.47M), and India ($6.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rolling Machines EXPORT MARKETS FOR United States WERE (2021 - 2022):
Italy$5.71M (635%)
Belgium$1.3M (22.9%)
Australia$1.25M (362%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rolling Machines BY United States WERE (2021 - 2022):
Germany-$6.13M (-57.3%)
China-$4.46M (-79.8%)
Malaysia-$798k (-92.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Rolling Machines were:
Japan $257M
Italy $254M
South Korea $235M
In 2022, United States's main importing competitors in Rolling Machines were:
China $513M
Germany $73.2M

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Trade Value of Rolling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.01M
TOP IMPORT POTENTIALJapan+ $3.79M

Rolling Machines’s highest export potential is China. With an export gap of $2.01M.   Rolling Machines’s highest import potential is Japan with an import gap of $3.79M.

See methodology.

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