Exports: Lathes for removing metal
Total Exports Compared to the same month a year ago
Compared to last month
Total All Exports Compared to the same month a year ago
Compared to last month
RankAmong U.S. Exports
Rank 2022
U.S. exports of Lathes for removing metal totaled $31.01 million in March, a change of 10.76 percent from the same month one year ago. The change from one month ago was 6.98 percent. Among more than 1,260 commodity classifications, Lathes for removing metal ranked No. 480 in March. It had ranked No. 501 for the same month last year.
While Lathes for removing metal ranked No. 480 in March by value, it ranked No. 566 by tonnage. The top three U.S. markets by value for Lathes for removing metal exports in March were (1) Mexico, (2) Canada, and (3) Belgium. Among the nation's more than 450 airports, seaports and border crossings, the top three by value were (1) Oil, (2) Gasoline, other fuels, and (3) Civilian aircraft, parts.
Top Markets
| Rank | Country | YTD |
|---|---|---|
| 1 | Mexico | $30.2 million |
| 2 | Canada | $20.8 million |
| 3 | Belgium | $9.3 million |
| 4 | China | $4.9 million |
| 5 | South Korea | $2.9 million |
| 6 | Germany | $2.7 million |
| 7 | Costa Rica | $2.3 million |
| 8 | Australia | $1.6 million |
| 9 | Taiwan | $1.4 million |
| 10 | Brazil | $1.4 million |
Top Gateways
| Rank | Port | YTD |
|---|---|---|
| 1 | Port Laredo | $21.3 million |
| 2 | Port of Los Angeles | $9.5 million |
| 3 | John F. Kennedy International Airport | $7.2 million |
| 4 | Buffalo Peace Bridge, NY | $6.7 million |
| 5 | Port of New York | $4.9 million |
| 6 | Port Huron Blue Water Bridge, Mich. | $4.7 million |
| 7 | Port of Virginia | $3.4 million |
| 8 | Sweetgrass Border Crossing, Mont. | $2.9 million |
| 9 | Port of Long Beach | $2.8 million |
| 10 | Port of Houston | $2.3 million |
U.S. exports of Lathes for removing metal increased 29.85 percent through March to $89.56 million
U.S. exports of Lathes for removing metal increased 29.85 percent from $68.97 million to $89.56 million through the first three months of 2023 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data.
The category ranked 473 through March among the roughly 1,265 export commodity groupings as classified by Census. It ranked No. 495 for the last full year with a total value of $319.04 million, a $6.2 million, 1.98 percent increase from the 2021 total.
Through March of this year the leading markets were No. 1 Mexico, No. 2 Canada, No. 3 Belgium, No. 4 China and No. 5 South Korea. The leading gateways were No. 1 Port Laredo, No. 2 Port of Los Angeles, No. 3 John F. Kennedy International Airport, No. 4 Buffalo Peace Bridge, NY and No. 5 Port of New York.
In the last previous full year, the leading markets were No. 1 Canada, No. 2 Mexico, No. 3 Belgium, No. 4 China and No. 5 Taiwan. The leading gateways were No. 1 Port Laredo, No. 2 John F. Kennedy International Airport, No. 3 Buffalo Peace Bridge, NY, No. 4 Port of Long Beach and No. 5 Port Huron Blue Water Bridge, Mich..
Looking at specific airports, seaports and border crossings, the top five through the first three months of the year were:
Highlights for the top five ports:
- Port Laredo rose 46.07 percent compared to last year to $21.31 million.
- Port of Los Angeles rose 551.83 percent compared to last year to $9.52 million.
- John F. Kennedy International Airport rose 26.79 percent compared to last year to $7.16 million.
- Buffalo Peace Bridge, NY rose 8.08 percent compared to last year to $6.71 million.
- Port of New York rose 98.25 percent compared to last year to $4.94 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. exports to No. 1 Mexico increased $9.79 million, 48.08 percent, (33.68 percent market share).
- U.S. exports to No. 2 Canada decreased $586,233, 2.74 percent, (23.25 percent market share).
- U.S. exports to No. 3 Belgium increased $1.57 million, 20.44 percent, (10.33 percent market share).
- U.S. exports to No. 4 China decreased $498,621, 9.27 percent, (5.45 percent market share).
- U.S. exports to No. 5 South Korea increased $2.86 million, 0 percent, (3.2 percent market share).
All totaled, 75.91 percent of all these Lathes for removing metal exports from the United States were shipped to the top five markets through March of this year. That is equal to $67.99 million of the $89.56 million total.
All totaled, 55.42 percent of all these Lathes for removing metal exports from the United States were shipped from the top five Ports through March of this year. That is equal to $49.63 million of the $89.56 million total