Imports: Laser-based machine tools
U.S. imports of Laser-based machine tools decreased 5.16 percent through August to $611.02 million.
Top Sources
| Rank | Country | YTD |
|---|---|---|
| 1 | Germany | $114.31 M |
| 2 | Japan | $95.09 M |
| 3 | Italy | $79.7 M |
| 4 | China | $56.39 M |
| 5 | Switzerland | $47.21 M |
| 6 | Canada | $34.02 M |
| 7 | South Korea | $23.53 M |
| 8 | Thailand | $22.95 M |
| 9 | The Netherlands | $18.17 M |
| 10 | Singapore | $17.98 M |
Top Gateways
| Rank | Port | YTD |
|---|---|---|
| 1 | Port of Los Angeles | $115.99 M |
| 2 | Port of Newark | $112.86 M |
| 3 | Port of Baltimore, MD | $51.18 M |
| 4 | Port of Virginia | $47.01 M |
| 5 | Port of Houston | $33.23 M |
| 6 | Port of Savannah, GA | $26.43 M |
| 7 | Port of Charleston | $24.61 M |
| 8 | Port of Long Beach | $22.37 M |
| 9 | Los Angeles International Airport | $18.72 M |
| 10 | Detroit Ambassador Bridge, MI | $14.91 M |
Top markets Laser-based machine tools
Total:
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Laser-based machine tools by port
Total:
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U.S. imports of Laser-based machine tools decreased 5.16 percent through August to $611.02 million
The category ranked 404 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 398 for the last full year with a total value of $944.79 million, a $237.27 million, 20.07 percent decreased from the 2023 total.
Through August of this year the leading sources were No. 1 Germany, No. 2 Japan, No. 3 Italy, No. 4 China and No. 5 Switzerland. The leading sources were No. 1 Port of Los Angeles, No. 2 Port of Newark, No. 3 Port of Baltimore, MD, No. 4 Port of Virginia and No. 5 Port of Houston.
In the last previous full year, the leading sources were No. 1 Japan, No. 2 South Korea, No. 3 Italy, No. 4 Germany and No. 5 China. 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 Detroit Ambassador Bridge, MI.
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 3.39 percent compared to last year to $115.99 million.
- Port of Newark rose 26.21 percent compared to last year to $112.86 million.
- Port of Baltimore, MD rose 100.01 percent compared to last year to $51.18 million.
- Port of Virginia fell 45.08 percent compared to last year to $47.01 million.
- Port of Houston rose 24.48 percent compared to last year to $33.23 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 $34.81 million, 43.78 percent, (18.71 percent market share).
- U.S. imports from No. 2 Japan decreased $14.02 million, 12.85 percent, (15.56 percent market share).
- U.S. imports from No. 3 Italy decreased $386,261, 0.48 percent, (13.04 percent market share).
- U.S. imports from No. 4 China decreased $3.15 million, 5.3 percent, (9.23 percent market share).
- U.S. imports from No. 5 Switzerland decreased $1.68 million, 3.44 percent, (7.73 percent market share).
All totaled, 64.27 percent of all these Laser-based machine tools imports to the United States were shipped from the top five sources through August of this year. That is equal to $392.71 million of the $611.02 million total.
All totaled, 58.96 percent of all these Laser-based machine tools imports to the United States were shipped to the top five Ports through August of this year. That is equal to $360.26 million of the $611.02 million total.