Overview In July 2021 United States' Machinery Having Individual Functions exports accounted up to $563M and imports accounted up to $865M, resulting in a negative trade balance of $303M. Between July 2020 and July 2021 the exports of United States' Machinery Having Individual Functions have increased by $75.5M (15.5%) from $487M to $563M, while imports increased by $211M (32.3%) from $654M to $865M.
Destinations In July 2021, Machinery Having Individual Functions were exported mostly to Canada ($115M), Mexico ($114M), China ($52.2M), United Kingdom ($24.7M), and Japan ($21.9M), and were imported mostly from Germany ($189M), China ($85.9M), Canada ($82.5M), Mexico ($74.6M), and Japan ($61.5M).
Growth In July 2021, the increase in Machinery Having Individual Functions's year-by-year exports was explained primarily by an increase in exports to Mexico ($30.7M or 36.7%), Canada ($20.9M or 22.2%), and China ($19M or 57%). In July 2021, the increase in Machinery Having Individual Functions's year-by-year imports was explained primarily by an increase in imports from Germany ($51.4M or 37.4%), South Korea ($27.4M or 154%), and Mexico ($24.5M or 48.8%).