Exports: Navigational equipment

U.S. exports of Navigational equipment decreased 6.76 percent through August to $1.51 billion.

Top markets Navigational equipment

Total:

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Navigational equipment by port

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U.S. exports of Navigational equipment decreased 6.76 percent through August to $1.51 billion

The category ranked 142 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 136 for the last full year with a total value of $2.45 billion, a $183.7 million, 6.98 percent decreased from the 2023 total.

Through August of this year the leading markets were No. 1 Mexico, No. 2 Canada, No. 3 Japan, No. 4 United Kingdom and No. 5 Italy. The leading markets were No. 1 Port Laredo, No. 2 FedEx Memphis WorldHub, No. 3 Chicago O'Hare International Airport, No. 4 Cleveland's Hopkins International Airport, OH and No. 5 Los Angeles International Airport.

In the last previous full year, the leading markets were No. 1 Mexico, No. 2 Canada, No. 3 Japan, No. 4 Saudi Arabia and No. 5 Australia. The leading markets were No. 1 Port Laredo, No. 2 Los Angeles International Airport, No. 3 FedEx Memphis WorldHub, No. 4 Chicago O'Hare International Airport and No. 5 Cleveland's Hopkins International Airport, OH.

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 23.08 percent compared to last year to $145.1 million.
  • FedEx Memphis WorldHub rose 32.59 percent compared to last year to $128.79 million.
  • Chicago O'Hare International Airport rose 42.75 percent compared to last year to $121.11 million.
  • Cleveland's Hopkins International Airport, OH rose 33.42 percent compared to last year to $95.96 million.
  • Los Angeles International Airport fell 11.34 percent compared to last year to $92.86 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 $9.96 million, 3.49 percent, (18.22 percent market share).
  • U.S. export to No. 2 Canada decreased $31.79 million, 13.41 percent, (13.56 percent market share).
  • U.S. export to No. 3 Japan decreased $8.16 million, 6.76 percent, (7.44 percent market share).
  • U.S. export to No. 4 United Kingdom increased $12.34 million, 16.81 percent, (5.67 percent market share).
  • U.S. export to No. 5 Italy increased $22.14 million, 41.79 percent, (4.97 percent market share).

All totaled, 49.86 percent of all these Navigational equipment exports from the United States were shipped to the top five markets through August of this year. That is equal to $754.32 million of the $1.51 billion total.

All totaled, 38.59 percent of all these Navigational equipment exports from the United States were shipped from the top five Ports through August of this year. That is equal to $583.82 million of the $1.51 billion total.