Overview: In October 2020 United States' Telephones exports accounted up to $2.57B and imports accounted up to $8.96B, resulting in a negative trade balance of $6.4B. Between October 2019 and October 2020 the exports of United States' Telephones have decreased by $-221M (-7.92%) from $2.79B to $2.57B, while imports decreased by $-1.62B (-15.3%) from $10.6B to $8.96B.
Destinations: In October 2020 Telephones exported mostly to Canada ($332M), Mexico ($247M), Hong Kong ($247M), Netherlands ($237M), and United Arab Emirates ($129M), and imported mostly from China ($5.58B), Vietnam ($895M), Mexico ($740M), Taiwan ($404M), and Thailand ($282M).
Growth: In October 2020, the decrease in Telephones's year-by-year exports was explained primarily by a decrease in exports to United Arab Emirates ($-115M or -47.3%), Mexico ($-93M or -27.4%), and Canada ($-74.7M or -18.4%). In October 2020, the decrease in Telephones's year-by-year imports was explained primarily by a decrease in imports from China ($-1.56B or -21.9%), South Korea ($-193M or -68.9%), and Vietnam ($-189M or -17.5%).