Machine balancing equipment exports from the United States: data, top buyers and prices
In 2024, the United States exported machine balancing equipment worth $76.2 million (2.1 thousand tonnes). That makes it the 3rd largest exporter of this product worldwide, out of 120 countries. Value fell 23% from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $108.4 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $76.2M | 2.1K t |
| 2023 | $99.1M | 3.7K t |
| 2022 | $108.4M | 3.2K t |
| 2021 | $92.0M | 2.6K t |
| 2020 | $61.8M | 2.0K t |
| 2019 | $83.0M | 2.2K t |
| 2018 | $108.0M | 3.0K t |
| 2017 | $92.8M | 2.5K t |
Where the United States exports machine balancing equipment to
The largest buyer markets were Canada (15%), Mexico (11%), Germany (8%). Trade is spread widely: the top three buyer markets together make up only 34%. Among the main buyer markets, China grew fastest (+182% on the year before).
| Destination | Value | Share |
|---|---|---|
| Canada | $11.5M | 15% |
| Mexico | $8.0M | 11% |
| Germany | $6.2M | 8.1% |
| China | $5.3M | 7% |
| United Kingdom | $4.7M | 6.2% |
| South Korea | $3.0M | 4% |
| Netherlands | $2.2M | 2.8% |
| Australia | $2.1M | 2.8% |
| Italy | $2.1M | 2.8% |
| Poland | $2.0M | 2.6% |
Average export price per kg
The average declared value was about $36.15 per kg, 76% above the world average of $20.52. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Machine balancing equipment imports to the United States
In 2024, the United States imported machine balancing equipment worth $38.8 million (1.2 thousand tonnes). That makes it the 2nd largest importer of this product worldwide, out of 190 countries. Most of the value came from Germany (29%), Italy (17%), China (12%). Among the main suppliers, India grew fastest (+256% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Germany | $11.2M | 29% |
| Italy | $6.5M | 17% |
| China | $4.7M | 12% |
| South Korea | $4.3M | 11% |
| United Kingdom | $2.4M | 6.1% |
| Japan | $2.3M | 5.9% |
| India | $1.6M | 4.1% |
| Thailand | $1.5M | 3.9% |
| Canada | $950K | 2.5% |
| Israel | $485K | 1.3% |
Who is behind these numbers in the United States?
The shipment records behind United States machine balancing equipment exports (HS 9031.10): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 9031.10: Machines: for balancing mechanical parts.
Common questions
What is the value of machine balancing equipment exported by the United States?
The United States exported machine balancing equipment worth $76.2 million in 2024, the latest year with complete public data, about 2.1 thousand tonnes. That ranks it 3rd of 120 countries worldwide, with 15% of world exports. The value was down 23% on 2023.
Which countries buy machine balancing equipment from the United States?
Canada was the largest buyer with 15% of the value ($11.5 million), followed by Mexico (11%) and Germany (8%). The top three together account for 34%, out of 117 buyer countries in total. China grew fastest among the top ten, up 182% on the year.
What is the average export price of machine balancing equipment per kg?
The average declared export value was about $36.15 per kg in 2024, 76% above the world average of $20.52 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have exports of machine balancing equipment from the United States changed since 2017?
Exports went from $92.8 million in 2017 to $76.2 million in 2024, a fall of 18%. The peak was 2022 at $108.4 million. Over 8 years the average was $90.2 million a year.
Does the United States also import machine balancing equipment?
Yes. The United States imported $38.8 million worth of this product in 2024, mainly from Germany, Italy and China. On balance the United States is a net exporter of this product, by about $37.4 million a year.
What is the HS code for machine balancing equipment?
The HS code for machine balancing equipment is subheading 9031.10. It sits in HS chapter 90 (optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories). The full list of codes and descriptions is on the HS 9031 page.
How can I find the companies behind this trade?
EximDataX has a direct customs feed for the United States, so the importers and exporters behind these totals are visible by name, shipment by shipment. Ask for a live look at your product.
Same product, other countries
World machine balancing equipment trade: top importers and exporters
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