Overview In May 2022 United States' Telephones exports accounted up to $2.58B and imports accounted up to $9.8B, resulting in a negative trade balance of $7.22B. Between May 2021 and May 2022 the exports of United States' Telephones have increased by $68.7M (2.73%) from $2.51B to $2.58B, while imports increased by $2.05B (26.5%) from $7.75B to $9.8B.
Destinations In May 2022, Telephones were exported mostly to Hong Kong ($354M), Canada ($304M), Mexico ($298M), United Arab Emirates ($154M), and Netherlands ($144M), and were imported mostly from China ($4.77B), Vietnam ($2.25B), Mexico ($774M), Taiwan ($477M), and Thailand ($350M).
Growth In May 2022, the increase in Telephones's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates ($139M or 97.8%), Hong Kong ($61.4M or 15.5%), and Netherlands ($22M or 14%). In May 2022, the increase in Telephones's year-by-year imports was explained primarily by an increase in imports from China ($1.06B or 27.2%), Vietnam ($211M or 28.3%), and Estonia ($112M or 387%).