Overview In January 2024 United States' Padlocks exports accounted up to $65.9M and imports accounted up to $242M, resulting in a negative trade balance of $176M. Between January 2023 and January 2024 the exports of United States' Padlocks have increased by $4.49M (7.31%) from $61.4M to $65.9M, while imports increased by $10.3M (4.42%) from $232M to $242M.
Destinations In January 2024, Padlocks were exported mostly to Mexico ($24.9M), Canada ($21.6M), France ($1.97M), Germany ($1.58M), and China ($1.52M), and were imported mostly from Mexico ($92.5M), China ($66.5M), Taiwan ($22.1M), Canada ($20.4M), and South Korea ($8.12M).
Growth In January 2024, the increase in Padlocks's year-by-year exports was explained primarily by an increase in exports to Canada ($1.79M or 9.59%), Taiwan ($592k or 437%), and Australia ($364k or 35.4%). In January 2024, the increase in Padlocks's year-by-year imports was explained primarily by an increase in imports from Mexico ($16.1M or 20.9%), Canada ($6.39M or 40.9%), and Vietnam ($4.69M or 121%).