Imports: Machining centers for metal work
U.S. imports of Machining centers for metal work increased 9.54 percent through August to $1.01 billion.
Top Sources
| Rank | Country | YTD |
|---|---|---|
| 1 | Germany | $347.96 M |
| 2 | Japan | $315.87 M |
| 3 | South Korea | $105.43 M |
| 4 | Taiwan | $68.1 M |
| 5 | Italy | $51.29 M |
| 6 | Spain | $38.25 M |
| 7 | Switzerland | $28.56 M |
| 8 | The Netherlands | $17.18 M |
| 9 | Brazil | $9.74 M |
| 10 | Singapore | $5.93 M |
Top Gateways
| Rank | Port | YTD |
|---|---|---|
| 1 | Port of Los Angeles | $238.31 M |
| 2 | Port of Newark | $218.09 M |
| 3 | Port of Virginia | $157.1 M |
| 4 | Port of Baltimore, MD | $80.14 M |
| 5 | Port of Brunswick, GA | $56.01 M |
| 6 | Port of Savannah, GA | $45.48 M |
| 7 | Port of Galveston, TX | $39.63 M |
| 8 | Port of Houston | $32.53 M |
| 9 | Port of Charleston | $26.64 M |
| 10 | Port of Long Beach | $23.5 M |
Top markets Machining centers for metal work
Total:
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Machining centers for metal work by port
Total:
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U.S. imports of Machining centers for metal work increased 9.54 percent through August to $1.01 billion
The category ranked 288 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 307 for the last full year with a total value of $1.44 billion, a $130.15 million, 8.27 percent decreased from the 2023 total.
Through August of this year the leading sources were No. 1 Germany, No. 2 Japan, No. 3 South Korea, No. 4 Taiwan and No. 5 Italy. The leading sources were No. 1 Port of Los Angeles, No. 2 Port of Newark, No. 3 Port of Virginia, No. 4 Port of Baltimore, MD and No. 5 Port of Brunswick, GA.
In the last previous full year, the leading sources were No. 1 Japan, No. 2 Germany, No. 3 South Korea, No. 4 Taiwan and No. 5 Italy. The leading sources were No. 1 Port of Los Angeles, No. 2 Port of Virginia, No. 3 Port of Newark, No. 4 Port of Savannah, GA and No. 5 Port of Baltimore, MD.
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 of Los Angeles rose 19.48 percent compared to last year to $238.31 million.
- Port of Newark rose 55.17 percent compared to last year to $218.09 million.
- Port of Virginia fell 7.01 percent compared to last year to $157.1 million.
- Port of Baltimore, MD rose 37.62 percent compared to last year to $80.14 million.
- Port of Brunswick, GA rose 216.41 percent compared to last year to $56.01 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 sources:
- U.S. imports from No. 1 Germany increased $104.46 million, 42.9 percent, (34.3 percent market share).
- U.S. imports from No. 2 Japan decreased $19.87 million, 5.92 percent, (31.14 percent market share).
- U.S. imports from No. 3 South Korea decreased $31.19 million, 22.83 percent, (10.39 percent market share).
- U.S. imports from No. 4 Taiwan increased $3.24 million, 4.99 percent, (6.71 percent market share).
- U.S. imports from No. 5 Italy decreased $2.38 million, 4.44 percent, (5.06 percent market share).
All totaled, 87.6 percent of all these Machining centers for metal work imports to the United States were shipped from the top five sources through August of this year. That is equal to $888.64 million of the $1.01 billion total.
All totaled, 73.9 percent of all these Machining centers for metal work imports to the United States were shipped to the top five Ports through August of this year. That is equal to $749.65 million of the $1.01 billion total.