Exports: Machine tool parts
U.S. exports of Machine tool parts decreased 11.50 percent through August to $1.39 billion.
Top Markets
| Rank | Country | YTD |
|---|---|---|
| 1 | Canada | $326.59 M |
| 2 | Mexico | $243.61 M |
| 3 | China | $69.81 M |
| 4 | Taiwan | $66.82 M |
| 5 | Germany | $60.32 M |
| 6 | The Netherlands | $58.58 M |
| 7 | Japan | $56.12 M |
| 8 | United Kingdom | $53.33 M |
| 9 | South Korea | $45.9 M |
| 10 | Brazil | $35.31 M |
Top Gateways
| Rank | Port | YTD |
|---|---|---|
| 1 | Chicago O'Hare International Airport | $137.23 M |
| 2 | Port Laredo | $119.49 M |
| 3 | Detroit Ambassador Bridge, MI | $117 M |
| 4 | John F. Kennedy International Airport | $113.44 M |
| 5 | Cleveland's Hopkins International Airport, OH | $95.71 M |
| 6 | Low-Value border crossing cargo | $73.53 M |
| 7 | FedEx Memphis WorldHub | $64.7 M |
| 8 | Miami International Airport | $38.16 M |
| 9 | Port Huron Blue Water Bridge, MI | $37.79 M |
| 10 | Boston's Logan International Airport | $34.91 M |
Top markets Machine tool parts
Total:
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Machine tool parts by port
Total:
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U.S. exports of Machine tool parts decreased 11.50 percent through August to $1.39 billion
The category ranked 157 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 146 for the last full year with a total value of $2.28 billion, a $104.04 million, 4.36 percent decreased from the 2023 total.
Through August of this year the leading markets were No. 1 Canada, No. 2 Mexico, No. 3 China, No. 4 Taiwan and No. 5 Germany. The leading markets were No. 1 Chicago O'Hare International Airport, No. 2 Port Laredo, No. 3 Detroit Ambassador Bridge, MI, No. 4 John F. Kennedy International Airport and No. 5 Cleveland's Hopkins International Airport, OH.
In the last previous full year, the leading markets were No. 1 Canada, No. 2 Mexico, No. 3 China, No. 4 Indonesia and No. 5 Taiwan. The leading markets were No. 1 John F. Kennedy International Airport, No. 2 Detroit Ambassador Bridge, MI, No. 3 Port Laredo, No. 4 Cleveland's Hopkins International Airport, OH 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:
- Chicago O'Hare International Airport rose 70.74 percent compared to last year to $137.23 million.
- Port Laredo fell 15.81 percent compared to last year to $119.49 million.
- Detroit Ambassador Bridge, MI fell 27.56 percent compared to last year to $117 million.
- John F. Kennedy International Airport fell 39.26 percent compared to last year to $113.44 million.
- Cleveland's Hopkins International Airport, OH fell 18.9 percent compared to last year to $95.71 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 Canada decreased $54.76 million, 14.36 percent, (23.46 percent market share).
- U.S. export to No. 2 Mexico decreased $28.55 million, 10.49 percent, (17.5 percent market share).
- U.S. export to No. 3 China decreased $8.6 million, 10.97 percent, (5.01 percent market share).
- U.S. export to No. 4 Taiwan decreased $2.49 million, 3.6 percent, (4.8 percent market share).
- U.S. export to No. 5 Germany decreased $8.63 million, 12.52 percent, (4.33 percent market share).
All totaled, 55.1 percent of all these Machine tool parts exports from the United States were shipped to the top five markets through August of this year. That is equal to $767.15 million of the $1.39 billion total.
All totaled, 41.86 percent of all these Machine tool parts exports from the United States were shipped from the top five Ports through August of this year. That is equal to $582.87 million of the $1.39 billion total.