Overview: In October 2020 United States' Cars exports accounted up to $4.87B and imports accounted up to $16.1B, resulting in a negative trade balance of $11.2B. Between October 2019 and October 2020 the exports of United States' Cars have decreased by $-297M (-5.75%) from $5.16B to $4.87B, while imports increased by $1.5B (10.3%) from $14.6B to $16.1B.
Growth: In October 2020, the decrease in Cars's year-by-year exports was explained primarily by a decrease in exports to Belgium ($-253M or -41.6%), Canada ($-195M or -17.9%), and Mexico ($-112M or -50.2%). In October 2020, the increase in Cars's year-by-year imports was explained primarily by an increase in imports from Japan ($1.04B or 39.4%), South Korea ($568M or 46.1%), and Slovakia ($364M or 257%).
This section shows Cars's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cars over time.
This section shows forecasts for total exports and imports, for Cars in United States. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.