Imports: Metal-working machine tools
U.S. imports of Metal-working machine tools decreased 8.39 percent through August to $178.38 million.
Top Sources
| Rank | Country | YTD |
|---|---|---|
| 1 | Germany | $57.61 M |
| 2 | Turkey | $21.98 M |
| 3 | Italy | $21.46 M |
| 4 | China | $15.41 M |
| 5 | Canada | $12.04 M |
| 6 | Japan | $7.27 M |
| 7 | Sweden | $6.35 M |
| 8 | Taiwan | $5.08 M |
| 9 | The Netherlands | $5.06 M |
| 10 | Austria | $4.02 M |
Top Gateways
| Rank | Port | YTD |
|---|---|---|
| 1 | Port of Houston | $30.58 M |
| 2 | Port of Savannah, GA | $27.89 M |
| 3 | Port of Virginia | $24.44 M |
| 4 | Port of Newark | $23.6 M |
| 5 | Port of Los Angeles | $16.15 M |
| 6 | Buffalo Peace Bridge, NY | $7.42 M |
| 7 | Port of Charleston | $6.23 M |
| 8 | Port of Seattle, WA | $4.94 M |
| 9 | Detroit Ambassador Bridge, MI | $4.2 M |
| 10 | Port Everglades | $3.63 M |
Top markets Metal-working machine tools
Total:
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Metal-working machine tools by port
Total:
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U.S. imports of Metal-working machine tools decreased 8.39 percent through August to $178.38 million
The category ranked 674 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 672 for the last full year with a total value of $284.88 million, a $75.86 million, 36.29 percent increase from the 2023 total.
Through August of this year the leading sources were No. 1 Germany, No. 2 Turkey, No. 3 Italy, No. 4 China and No. 5 Canada. The leading sources were No. 1 Port of Houston, No. 2 Port of Savannah, GA, No. 3 Port of Virginia, No. 4 Port of Newark and No. 5 Port of Los Angeles.
In the last previous full year, the leading sources were No. 1 Germany, No. 2 Italy, No. 3 China, No. 4 Japan and No. 5 Switzerland. The leading sources were No. 1 Port of Newark, No. 2 Port of Houston, No. 3 Port of Savannah, GA, No. 4 Port of Virginia and No. 5 Port of Los Angeles.
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 Houston rose 22.58 percent compared to last year to $30.58 million.
- Port of Savannah, GA fell 5.75 percent compared to last year to $27.89 million.
- Port of Virginia rose 17.39 percent compared to last year to $24.44 million.
- Port of Newark fell 34.34 percent compared to last year to $23.6 million.
- Port of Los Angeles rose 23.81 percent compared to last year to $16.15 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 decreased $32.72 million, 36.22 percent, (32.3 percent market share).
- U.S. imports from No. 2 Turkey increased $18.36 million, 506.72 percent, (12.32 percent market share).
- U.S. imports from No. 3 Italy decreased $3.76 million, 14.9 percent, (12.03 percent market share).
- U.S. imports from No. 4 China increased $5.58 million, 56.77 percent, (8.64 percent market share).
- U.S. imports from No. 5 Canada increased $4.11 million, 51.88 percent, (6.75 percent market share).
All totaled, 72.04 percent of all these Metal-working machine tools imports to the United States were shipped from the top five sources through August of this year. That is equal to $128.51 million of the $178.38 million total.
All totaled, 68.76 percent of all these Metal-working machine tools imports to the United States were shipped to the top five Ports through August of this year. That is equal to $122.65 million of the $178.38 million total.