Import Globals America trade data provides a detailed insight into the latest shipments of electrical equipment to provide business holders an easy access to high-quality products, meanwhile giving them a brief overview of the market diversification offered by the United States of America.

A Brief Overview of the Electrical Equipment Export of America in 2024

The United States of America is currently leading as a top exporter of electrical equipment in the global international trade. The worldwide increase in the consumer-based demand for electrical equipment from the manufacturing units of America. Simultaneously, the advanced technology and skilled workforce of the industrial sector have maintained the solidifying position of the country as a global leader in the industry. The highly developed manufacturing infrastructure of the nation enables the country to produce high-quality and innovative products at competitive prices for the enhancement of foreign attractions.

The recent trade statistics reported that continuity in the improvement in production processes has recorded an annual increase in CAGR rates from 2020 by around 6% till 2024, which implies the efficiency of the sector in the annual revenue share of America. The export of electrical equipment from America has recorded a staggering rate of 200 billion US dollars in 2024. The increase in demand for renewable energy resources like solar panels and wind turbines has been fueling the strategic shift of worldwide trade towards more sustainable energy solutions, raising the demand for electrical equipment used in specific industries.

Summary of America's Overall Trade in 2024

The Statistical Analysis of the Electrical Equipment Exports of America for the Last 5 Years

Major Exported Electrical Equipment of America in 2024

The United States, solidifying its position as a leading exporter of electronic equipment with its robust industrial performance, has introduced diversification in the latest shipments. The sustainability of the growth rate of exports signifies the country's continuous efforts towards trade management. According to the USA Export Data, the top 10 leading variants of electrical equipment exported from the nation in 2024 are,

1. Electric Motors - Export trade value - 42 billion US dollars; Annual revenue share - 28%

2. Transformers - Export trade value - 22 billion US dollars; Annual revenue share - 15%

3. Generators - Export trade value - 18 billion US dollars; Annual revenue share - 12%

4. Switchgears - Export trade value - 14 billion US dollars; Annual revenue share - 8%

5. Circuit Breakers - Export trade value - 12 billion US dollars; Annual revenue share - 7%

6. Conductors - Export trade value - 9 billion US dollars; Annual revenue share - 6%

7. Cables - Export trade value - 8 billion US dollars; Annual revenue share - 5%

8. Wiring Devices - Export trade value - 6 billion US dollars; Annual revenue share - 3%

9. Power Supplies - Export trade value - 5 billion US dollars; Annual revenue share - 2.5%

10. Control Panels - Export trade value - 4 billion US dollars; Annual revenue share - 2%

The Leading Export Trade Partners of America for Electronic Equipment in 2024

The United States of America has established a stable trade relationship with partnerships spanning across Asia, North America, and the European Union. Integrated circuit, semiconductor devices and telecommunications have been fueling the export of electronic equipment at a crucial rate. According to the USA Trade Data, the top 10 export trade partners of the nation in 2024 are,

1. Canada - According to the Canada Import Data, the export trade value of electronic equipment from America in 2024 - 38 billion US dollars.

Top 5 variants of electronic equipment exported

1. Smartphones
2. Laptops
3. Desktop computers
4. Tablets
5. Televisions

2. Mexico - According to the Mexico Import Data, the export trade value of electronic equipment from America in 2024 - 27 billion US dollars.

Top 5 variants of electronic equipment exported

1. Refrigerators
2. Washing machines
3. Air conditioners
4. Microwaves
5. Dishwashers

3. China - According to the China Import Data, the export trade value of electronic equipment from America in 2024 - 22 billion US dollars.

Top 5 variants of electronic equipment exported

1. Dishwashers
2. Toasters
3. Blenders
4. Food processors
5. Irons

4. Japan - According to the Japan Import Data, the export trade value of electronic equipment from America in 2024 - 18 billion US dollars.

Top 5 variants of electronic equipment exported

1. Food processors
2. Irons
3. Electric shavers
4. Smart watches
5. Electric toothbrushes

5. Germany - According to the Germany Import Data, the export trade value of electronic equipment from America in 2024 - 12 billion US dollars.

Top 5 variants of electronic equipment exported

1. Gaming consoles
2. Headphones
3. Portable speakers
4. Camcorders
5. Scanners

6. South Korea - According to the South Korea Import Data, the export trade value of electronic equipment from America in 2024 - 10 billion US dollars.

Top 5 variants of electronic equipment exported

1. Routers
2. Modems
3. Network switches
4. Handheld GPS devices
5. Radios

7. United Kingdom - According to the United Kingdom Import Data, the export trade value of electronic equipment from America in 2024 - 8 billion US dollars.

Top 5 variants of electronic equipment exported

1. Bluetooth speakers
2. DVD players
3. Projectors
4. Home theater systems
5. Soundbars

8. India - According to the India Import Data, the export trade value of electronic equipment from America in 2024 - 6 billion US dollars.

Top 5 variants of electronic equipment exported

1. Wearable fitness trackers
2. Virtual reality headsets
3. Wireless chargers
4. Portable power generators
5. Electric bicycles

9. Brazil - According to the Brazil Import Data, the export trade value of electronic equipment from America in 2024 - 5 billion US dollars.

Top 5 variants of electronic equipment exported

1. Robotic vacuum cleaners
2. SMART lighting system
3. Fire alarms
4. Carbon monoxide detectors
5. Air purifiers

10. Australia - According to the Australia Import Data, the export trade value of electronic equipment from America in 2024 - 4 billion US dollars.

Top 5 variants of electronic equipment exported

1. Food dehydrators
2. Bread makers
3. Yogurt makers
4. Slow cookers
5. Electric kettles

Top Electronic Equipment Manufacturing Companies in America in 2024

The innovative and advanced electronic equipment demand from all over the world is properly maintained by the manufacturing units with technological evolution. America has been constantly pushing its boundaries to fulfill the globally demanded necessities. According to the USA Customs Data, the top electronic equipment manufacturing companies of the nation in 2024 are,

1. Apple Inc. - Apple Inc., founded in the year 1976, has been recorded as one of the top household names when consumers prefer electronics. The iconic products of the company, like books, iPads, and Apple, are among the most acquired commodities used by the global population at present. The cutting-edge technology and sleek design implemented in the production are increasing the demand in international trade. The total annual trade share of this company in the electronic equipment exports of America is around 42%.

2. Intel Corporation - The Intel Corporation, established in 1968, is considered as a backbone to the semiconductor chip manufacturing industries, accounting for a substantial share of the annual revenue generation. The microprocessors, accompanied by smartphones, tablets, and embedded systems, are considered as the top exported commodities from the authority. The annual trade share of Intel Corporation in the electronics equipment exports of America is around 22% in 2024.

3. Honeywell International INC - The Honeywell International INC is recorded as the third top electronic equipment manufacturing company of the United States of America. The diversified portfolio offered by the authority, ranging from aerospace systems to building management systems and safety solutions, has been countering the trade rate in a positive manner. Honeywell revenue share in the overall electronic equipment exports is around 15% in 2024.

CONCLUSION - Import Globals; America Trade Data, provides proper Information highlighting the United States' relentless performance in the electronic equipment export throughout the year 2024. The trade details demonstrate the contribution of the United States of America to global competitiveness, fueling high-tech manufacturing and innovation. Business holders can refer to the information available for the identification of competitors' engagement in specific sectors to make decisions based on the latest strategies.

FAQ'S

Que. What is the export trade value of electronic equipment from America in 2024?
Ans. The export trade value of electronic equipment from America in 2024 is 200 billion U.S. dollars.

Que. Who is the top export trade partner of America for electronic equipment in 2024?
Ans. Canada is the top export-grade partner of America for electronic equipment in 2024.

Que. What is the top exported electronic equipment of America in 2024?
Ans. Electric motor is the top exported electronic equipment of America in 2024.

Que. Where can you get a detailed trade analysis of the electrical equipment exports of America in 2024?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the electrical equipment export of America in 2024.

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