Overview In March 2023 United States' High-voltage Protection Equipment exports accounted up to $110M and imports accounted up to $124M, resulting in a negative trade balance of $13.1M. Between March 2022 and March 2023 the exports of United States' High-voltage Protection Equipment have increased by $28.9M (35.5%) from $81.5M to $110M, while imports increased by $25.4M (25.9%) from $98.2M to $124M.
Destinations In March 2023, High-voltage Protection Equipment were exported mostly to Canada ($33M), Mexico ($16.5M), China ($9.83M), Saudi Arabia ($5.4M), and Dominican Republic ($5.34M), and were imported mostly from Mexico ($63.9M), Canada ($9.52M), Germany ($9.35M), China ($6.81M), and Italy ($4.62M).
Growth In March 2023, the increase in High-voltage Protection Equipment's year-by-year exports was explained primarily by an increase in exports to Canada ($2.52M or 17.4%), Mexico ($1.42M or 13.1%), and Brazil ($1.17M or 79%). In March 2023, the increase in High-voltage Protection Equipment's year-by-year imports was explained primarily by an increase in imports from Mexico ($5.65M or 16.2%), China ($3.08M or 52.3%), and South Korea ($889k or 153%).