Overview: In July 2020 United States' Machinery Having Individual Functions exports accounted up to $487M and imports accounted up to $654M, resulting in a negative trade balance of $167M. Between July 2019 and July 2020 the exports of United States' Machinery Having Individual Functions have decreased by $-128M (-20.8%) from $615M to $487M, while imports decreased by $-136M (-17.2%) from $790M to $654M.
Destinations: In July 2020 Machinery Having Individual Functions exported mostly to Canada ($94.3M), Mexico ($83.6M), Japan ($54.6M), China ($33.2M), and Germany ($20.8M), and imported mostly from Germany ($137M), China ($81.1M), Canada ($79.1M), Japan ($60.6M), and Mexico ($50.1M).
Growth: In July 2020, the decrease in Machinery Having Individual Functions's year-by-year exports was explained primarily by a decrease in exports to Russia ($-52.8M or -88.9%), United Arab Emirates ($-26.6M or -73.6%), and Japan ($-18.9M or -24.8%). In July 2020, the decrease in Machinery Having Individual Functions's year-by-year imports was explained primarily by a decrease in imports from Japan ($-33M or -46.7%), China ($-29.7M or -28.3%), and Germany ($-20.3M or -15.7%).