Current year-to-date ( YTD ) data is through May 2020.

Exports: Machine tool parts

Machine tool parts, the No. 144 export by value totaled $136.53 million for the month of May, $750.37 million through May of 2020, and $2.21 billion for all of 2019, the latest annual data available, according to U.S. Census Bureau data analyzed by WorldCity. Need more details? Read more

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Top Markets

RankCountryYTD
1Canada$147.65 M
2Mexico$108.81 M
3China$59.21 M
4Taiwan$41.64 M
5Germany$37.95 M
6The Netherlands$31.64 M
7Japan$30.04 M
8Singapore$25.12 M
9Belgium$23.98 M
10United Kingdom$23.16 M
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U.S. exports of Machine tool parts decreased 23.97 percent through May to $750.37 million

U.S. exports of Machine tool parts decreased 23.97 percent from $986.95 million to $750.37 million through the first five months of 2020 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data.

The category ranked 144 through May among the roughly 1,265 export commodity groupings as classified by Census. It ranked No. 133 for the last full year with a total value of $2.21 billion, a $267.23 million, 10.78 percent decreased from the 2018 total.

Through May of this year the leading sources were No. 1 Canada, No. 2 Mexico, No. 3 Belgium, No. 4 China and No. 5 Germany. The leading gateways were No. 1 John F. Kennedy International Airport, No. 2 Cleveland’s Hopkins International Airport, Ohio, No. 3 Port Laredo, No. 4 Chicago O’Hare International Airport and No. 5 Anchorage International Airport, Alaska.

In the last previous full year, the leading sources were No. 1 Canada, No. 2 Mexico, No. 3 China, No. 4 Germany and No. 5 Belgium. The leading gateways were No. 1 John F. Kennedy International Airport, No. 2 Port Laredo, No. 3 Port of Long Beach, No. 4 Chicago O’Hare International Airport and No. 5 Anchorage International Airport, Alaska.

Looking at specific airports, seaports and border crossings, the top five through through the first five months of the year were:

Highlights for the top five ports:

  • John F. Kennedy International Airport fell 16.77 percent compared to last year to $82.61 million.
  • Cleveland’s Hopkins International Airport, Ohio fell 7.7 percent compared to last year to $53.57 million.
  • Port Laredo fell 39.73 percent compared to last year to $51.31 million.
  • Chicago O’Hare International Airport fell 8.45 percent compared to last year to $46.27 million.
  • Anchorage International Airport, Alaska fell 15.31 percent compared to last year to $39.5 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. exports from No. 1 Canada decreased $18.59 million, 4.01 percent, (59.38 percent market share).
  • U.S. exports from No. 2 Mexico decreased $16.38 million, 4.44 percent, (46.98 percent market share).
  • U.S. exports from No. 3 Belgium increased $46.53 million, 41 percent, (21.33 percent market share).
  • U.S. exports from No. 4 China decreased $114.12 million, 44.62 percent, (18.87 percent market share).
  • U.S. exports from No. 5 Germany decreased $7.12 million, 6.01 percent, (14.83 percent market share).

All totaled, 54.75 percent of all these Machine tool parts exports from the United States were shipped from the top five markets through May of this year. That is equal to $1.21 billion of the $2.21 billion total.

All totaled, 36.42 percent of all these Machine tool parts exports to the United States were shipped to the top five Ports through May of this year. That is equal to $273.27 million of the $750.37 million total