Overview In February 2023 United States' Harvesting Machinery exports accounted up to $426M and imports accounted up to $446M, resulting in a negative trade balance of $19.9M. Between February 2022 and February 2023 the exports of United States' Harvesting Machinery have increased by $154M (56.5%) from $272M to $426M, while imports increased by $112M (33.6%) from $334M to $446M.
Destinations In February 2023, Harvesting Machinery were exported mostly to Canada ($147M), Brazil ($53.8M), Australia ($42.3M), France ($27.3M), and Mexico ($22.4M), and were imported mostly from China ($82.8M), Germany ($79.6M), Mexico ($67.8M), Canada ($48.5M), and Belgium ($39.6M).
Growth In February 2023, the increase in Harvesting Machinery's year-by-year exports was explained primarily by an increase in exports to China ($14.9M or 427%), Brazil ($10.4M or 133%), and Argentina ($3.61M or 70.3%). In February 2023, the increase in Harvesting Machinery's year-by-year imports was explained primarily by an increase in imports from China ($24M or 32.8%), Vietnam ($7.28M or 33.3%), and Italy ($4.15M or 30.3%).