Overview In December 2022 United States' Low-voltage Protection Equipment exports accounted up to $977M and imports accounted up to $1.13B, resulting in a negative trade balance of $148M. Between December 2021 and December 2022 the exports of United States' Low-voltage Protection Equipment have increased by $90.4M (10.2%) from $887M to $977M, while imports increased by $22.5M (2.04%) from $1.1B to $1.13B.
Destinations In December 2022, Low-voltage Protection Equipment were exported mostly to Mexico ($367M), Canada ($134M), China ($59.4M), Germany ($32.7M), and United Kingdom ($25.5M), and were imported mostly from Mexico ($319M), China ($219M), Germany ($72.1M), Japan ($66.5M), and Dominican Republic ($54.6M).
Growth In December 2022, the increase in Low-voltage Protection Equipment's year-by-year exports was explained primarily by an increase in exports to Mexico ($69.7M or 23.3%), France ($13.3M or 111%), and Canada ($9.53M or 7.72%). In December 2022, the increase in Low-voltage Protection Equipment's year-by-year imports was explained primarily by an increase in imports from China ($33.8M or 17.5%), Mexico ($28.4M or 11.7%), and Germany ($11M or 22.1%).