Overview: In January 2021 United States' Instruments and apparatus exports accounted up to $6.83B and imports accounted up to $7.12B, resulting in a negative trade balance of $290M. Between January 2020 and January 2021 the exports of United States' Instruments and apparatus have decreased by $-83.4M (-1.21%) from $6.91B to $6.83B, while imports decreased by $-179M (-2.45%) from $7.3B to $7.12B.
Destinations: In January 2021 Instruments and apparatus exported mostly to China ($779M), Canada ($658M), Netherlands ($613M), Mexico ($582M), and Japan ($565M), and imported mostly from Mexico ($1.27B), China ($1.06B), Germany ($688M), Ireland ($501M), and Japan ($479M).
Growth: In January 2021, the decrease in Instruments and apparatus's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-125M or -17.7%), Germany ($-44.1M or -7.93%), and United Kingdom ($-30.4M or -14.3%). In January 2021, the decrease in Instruments and apparatus's year-by-year imports was explained primarily by a decrease in imports from Germany ($-91.4M or -11.7%), Ireland ($-60.6M or -10.8%), and Singapore ($-38.3M or -12.3%).