Overview: In January 2021 United States' Telephones exports accounted up to $2.72B and imports accounted up to $8.15B, resulting in a negative trade balance of $5.43B. Between January 2020 and January 2021 the exports of United States' Telephones have increased by $307M (12.7%) from $2.42B to $2.72B, while imports increased by $1.43B (21.3%) from $6.72B to $8.15B.
Destinations: In January 2021 Telephones exported mostly to Hong Kong ($456M), United Arab Emirates ($281M), Canada ($260M), Mexico ($249M), and Netherlands ($179M), and imported mostly from China ($4.97B), Vietnam ($955M), Mexico ($712M), Taiwan ($298M), and Thailand ($222M).
Growth: In January 2021, 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 ($60.6M or 15.3%), and Netherlands ($22.2M or 14.1%). In January 2021, the increase in Telephones's year-by-year imports was explained primarily by an increase in imports from China ($988M or 24.8%), Vietnam ($211M or 28.3%), and Estonia ($112M or 389%).