Overview In November 2022 United States' Lifting Machinery exports accounted up to $132M and imports accounted up to $540M, resulting in a negative trade balance of $408M. Between November 2021 and November 2022 the exports of United States' Lifting Machinery have decreased by $-4.35M (-3.2%) from $136M to $132M, while imports increased by $11.3M (2.14%) from $529M to $540M.
Destinations In November 2022, Lifting Machinery were exported mostly to Canada ($55.3M), Mexico ($31.4M), Germany ($5.56M), China ($5.3M), and Japan ($4.68M), and were imported mostly from Canada ($110M), Mexico ($90.2M), Japan ($83.7M), Germany ($78M), and China ($37.1M).
Growth In November 2022, the decrease in Lifting Machinery's year-by-year exports was explained primarily by a decrease in exports to Canada ($-4.73M or -9.28%), Brazil ($-4.14M or -81.9%), and France ($-3.59M or -87.7%). In November 2022, the increase in Lifting Machinery's year-by-year imports was explained primarily by an increase in imports from Japan ($22.6M or 53.9%), Mexico ($12.9M or 18.6%), and Germany ($8.28M or 12.8%).