Overview In June 2024 United States' Gallium, germanium, hafnium, indium, niobium (columbium), rhenium and vanadium: articles thereof, unwrought, including waste and scrap, powders exports accounted up to $5.21M and imports accounted up to $16.2M, resulting in a negative trade balance of $11M. Between June 2023 and June 2024 the exports of United States' Gallium, germanium, hafnium, indium, niobium (columbium), rhenium and vanadium: articles thereof, unwrought, including waste and scrap, powders have increased by $3.12M (149%) from $2.09M to $5.21M, while imports increased by $1.27M (8.5%) from $14.9M to $16.2M.
Destinations In June 2024, Gallium, germanium, hafnium, indium, niobium (columbium), rhenium and vanadium: articles thereof, unwrought, including waste and scrap, powders were exported mostly to Canada ($2.14M), Germany ($1.36M), Japan ($700k), Chinese Taipei ($504k), and Belgium ($271k), and were imported mostly from Brazil ($6.21M), China ($2.87M), Estonia ($1.5M), South Korea ($1.23M), and Japan ($1.16M).
Growth In June 2024, the increase in Gallium, germanium, hafnium, indium, niobium (columbium), rhenium and vanadium: articles thereof, unwrought, including waste and scrap, powders's year-by-year exports was explained primarily by an increase in exports to Italy ($745k or 9.32k%), Canada ($239k or 172%), and China ($110k or 295%). In June 2024, the increase in Gallium, germanium, hafnium, indium, niobium (columbium), rhenium and vanadium: articles thereof, unwrought, including waste and scrap, powders's year-by-year imports was explained primarily by an increase in imports from Brazil ($9.11M or 273%), China ($2.82M or 209%), and Germany ($1.83M or 2.43k%).