U.S. Maintains Compass Export Lead Despite 2024 Decline
In 2024, the Northern American market for direction finding compasses saw a mix of increases and decreases in exports and imports. The export price per unit rose to $X, up by X% from the previous year.
However, the total number of compasses exported fell to X units, a decrease of X% compared to the previous year. Despite this, the USA maintained its position as the largest exporter, with X units, and also showed the fastest growth between 2012 and 2024.
The total value of exports in 2024 was $X, a decrease from the previous year. The USA was also the major importer, bringing in X units. After two years of decline, imports increased by X% to X units in 2024. The largest single export from the USA was approximately $15 million.
The Northern American market for direction finding compasses experienced a decline in exports since 2015, with imports also showing a downward trend since 2013. Despite these decreases, the USA remained the dominant player in both exports and imports.
