Overview In May 2023 United States' Iron Blocks exports accounted up to $55.6M and imports accounted up to $73.6M, resulting in a negative trade balance of $18M. Between May 2022 and May 2023 the exports of United States' Iron Blocks have decreased by $-3.68M (-6.21%) from $59.3M to $55.6M, while imports decreased by $-29.5M (-28.6%) from $103M to $73.6M.
Destinations In May 2023, Iron Blocks were exported mostly to Canada ($39.5M), Mexico ($14.7M), Guyana ($277k), New Zealand ($181k), and Thailand ($168k), and were imported mostly from Mexico ($27.5M), Canada ($17M), South Korea ($7.46M), Germany ($6.33M), and Luxembourg ($4.73M).
Growth In May 2023, the decrease in Iron Blocks's year-by-year exports was explained primarily by a decrease in exports to Dominican Republic ($-1.22M or -98.6%), Colombia ($-233k or -67.7%), and China ($-62.8k or -46%). In May 2023, the decrease in Iron Blocks's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-2.61M or -72%), United Arab Emirates ($-2.55M or -43.2%), and United Kingdom ($-412k or -91.5%).