Exports: Laser-based machine tools
U.S. exports of Laser-based machine tools decreased 20.47 percent through August to $199.83 million.
Top Markets
| Rank | Country | YTD |
|---|---|---|
| 1 | Mexico | $60 M |
| 2 | Canada | $44.65 M |
| 3 | China | $12.78 M |
| 4 | The Netherlands | $12.44 M |
| 5 | Germany | $7.18 M |
| 6 | Costa Rica | $6.92 M |
| 7 | Malaysia | $6.85 M |
| 8 | South Korea | $4.56 M |
| 9 | United Kingdom | $3.52 M |
| 10 | Israel | $3.4 M |
Top Gateways
| Rank | Port | YTD |
|---|---|---|
| 1 | Port Laredo | $37.03 M |
| 2 | John F. Kennedy International Airport | $10.02 M |
| 3 | Buffalo Peace Bridge, NY | $9.95 M |
| 4 | Port Huron Blue Water Bridge, MI | $9.74 M |
| 5 | Chicago O'Hare International Airport | $9.6 M |
| 6 | Miami International Airport | $8.64 M |
| 7 | Port of New York | $8.51 M |
| 8 | Otay Mesa Freeway Border Crossing, CA | $7.38 M |
| 9 | Pembina Border Crossing, ND | $6.38 M |
| 10 | Detroit Ambassador Bridge, MI | $5.55 M |
Top markets Laser-based machine tools
Total:
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Laser-based machine tools by port
Total:
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U.S. exports of Laser-based machine tools decreased 20.47 percent through August to $199.83 million
The category ranked 504 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 457 for the last full year with a total value of $379.38 million, a $133.15 million, 25.98 percent decreased from the 2023 total.
Through August of this year the leading markets were No. 1 Mexico, No. 2 Canada, No. 3 China, No. 4 The Netherlands and No. 5 Germany. The leading markets were No. 1 Port Laredo, No. 2 John F. Kennedy International Airport, No. 3 Buffalo Peace Bridge, NY, No. 4 Port Huron Blue Water Bridge, MI and No. 5 Chicago O'Hare International Airport.
In the last previous full year, the leading markets were No. 1 Mexico, No. 2 Canada, No. 3 China, No. 4 The Netherlands and No. 5 Germany. The leading markets were No. 1 Port Laredo, No. 2 Port of Virginia, No. 3 Port Huron Blue Water Bridge, MI, No. 4 Buffalo Peace Bridge, NY and No. 5 Chicago O'Hare International Airport.
Looking at specific airports, seaports and border crossings, the top five through the first eight months of the year were:
Highlights for the top five ports:
- Port Laredo fell 17.78 percent compared to last year to $37.03 million.
- John F. Kennedy International Airport rose 11.31 percent compared to last year to $10.02 million.
- Buffalo Peace Bridge, NY fell 19.79 percent compared to last year to $9.95 million.
- Port Huron Blue Water Bridge, MI fell 26.99 percent compared to last year to $9.74 million.
- Chicago O'Hare International Airport rose 3.38 percent compared to last year to $9.6 million.
There are several hundred airports, seaports and border crossings that handle international trade; they are, in turn, part of the roughly four dozen U.S. Customs districts.
Highlights for the top five foreign markets:
- U.S. export to No. 1 Mexico decreased $13.67 million, 18.55 percent, (30.03 percent market share).
- U.S. export to No. 2 Canada decreased $23.05 million, 34.04 percent, (22.35 percent market share).
- U.S. export to No. 3 China decreased $4.84 million, 27.47 percent, (6.39 percent market share).
- U.S. export to No. 4 The Netherlands decreased $4.49 million, 26.54 percent, (6.22 percent market share).
- U.S. export to No. 5 Germany decreased $860,032, 10.69 percent, (3.59 percent market share).
All totaled, 68.58 percent of all these Laser-based machine tools exports from the United States were shipped to the top five markets through August of this year. That is equal to $137.05 million of the $199.83 million total.
All totaled, 38.2 percent of all these Laser-based machine tools exports from the United States were shipped from the top five Ports through August of this year. That is equal to $76.33 million of the $199.83 million total.