Imports: Machine tools for removing metal
U.S. imports of Machine tools for removing metal decreased 27.14 percent through August to $174.74 million.
Top Sources
| Rank | Country | YTD |
|---|---|---|
| 1 | Germany | $51.66 M |
| 2 | Italy | $16.58 M |
| 3 | China | $15.57 M |
| 4 | Taiwan | $14.96 M |
| 5 | Japan | $13.55 M |
| 6 | Canada | $10.45 M |
| 7 | Austria | $8.95 M |
| 8 | Switzerland | $6.57 M |
| 9 | Mexico | $6.54 M |
| 10 | India | $5.51 M |
Top Gateways
| Rank | Port | YTD |
|---|---|---|
| 1 | Port of Newark | $29.03 M |
| 2 | Port of Los Angeles | $24.32 M |
| 3 | Port of Savannah, GA | $16.12 M |
| 4 | Port of Virginia | $15.49 M |
| 5 | Port of Baltimore, MD | $13.16 M |
| 6 | Port of Houston | $12.17 M |
| 7 | Port of Charleston | $10.96 M |
| 8 | Nogales Border Crossing, AZ | $6.09 M |
| 9 | Port Huron Blue Water Bridge, MI | $5.66 M |
| 10 | Detroit Ambassador Bridge, MI | $3.92 M |
Top markets Machine tools for removing metal
Total:
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Machine tools for removing metal by port
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U.S. imports of Machine tools for removing metal decreased 27.14 percent through August to $174.74 million
The category ranked 679 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 628 for the last full year with a total value of $338.94 million, a $27.67 million, 8.89 percent increase from the 2023 total.
Through August of this year the leading sources were No. 1 Germany, No. 2 Italy, No. 3 China, No. 4 Taiwan and No. 5 Japan. The leading sources were No. 1 Port of Newark, No. 2 Port of Los Angeles, No. 3 Port of Savannah, GA, No. 4 Port of Virginia and No. 5 Port of Baltimore, MD.
In the last previous full year, the leading sources were No. 1 Germany, No. 2 China, No. 3 Italy, No. 4 Japan and No. 5 Taiwan. The leading sources were No. 1 Port of Newark, No. 2 Port of Los Angeles, No. 3 Port of Virginia, 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 Newark fell 39.73 percent compared to last year to $29.03 million.
- Port of Los Angeles fell 35.52 percent compared to last year to $24.32 million.
- Port of Savannah, GA fell 20.8 percent compared to last year to $16.12 million.
- Port of Virginia fell 50.65 percent compared to last year to $15.49 million.
- Port of Baltimore, MD rose 39.05 percent compared to last year to $13.16 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 $20.47 million, 28.38 percent, (29.57 percent market share).
- U.S. imports from No. 2 Italy decreased $5.67 million, 25.47 percent, (9.49 percent market share).
- U.S. imports from No. 3 China decreased $6.86 million, 30.57 percent, (8.91 percent market share).
- U.S. imports from No. 4 Taiwan decreased $2.97 million, 16.56 percent, (8.56 percent market share).
- U.S. imports from No. 5 Japan decreased $6.38 million, 32.01 percent, (7.75 percent market share).
All totaled, 64.28 percent of all these Machine tools for removing metal imports to the United States were shipped from the top five sources through August of this year. That is equal to $112.33 million of the $174.74 million total.
All totaled, 56.15 percent of all these Machine tools for removing metal imports to the United States were shipped to the top five Ports through August of this year. That is equal to $98.12 million of the $174.74 million total.