Overview: In January 2021 United States' Tool Plates exports accounted up to $33.7M and imports accounted up to $63.9M, resulting in a negative trade balance of $30.3M. Between January 2020 and January 2021 the exports of United States' Tool Plates have decreased by $-3.03M (-8.27%) from $36.7M to $33.7M, while imports decreased by $-11.2M (-14.9%) from $75.1M to $63.9M.
Destinations: In January 2021 Tool Plates exported mostly to Mexico ($6.9M), Canada ($6.76M), Germany ($5.65M), Netherlands ($2.84M), and China ($2.49M), and imported mostly from Israel ($12M), Sweden ($10.4M), Japan ($10.4M), Germany ($9.32M), and China ($5.16M).
Growth: In January 2021, the decrease in Tool Plates's year-by-year exports was explained primarily by a decrease in exports to Canada ($-2.11M or -23.8%), Netherlands ($-1.21M or -29.9%), and Mexico ($-1M or -12.7%). In January 2021, the decrease in Tool Plates's year-by-year imports was explained primarily by a decrease in imports from China ($-3.62M or -41.2%), Sweden ($-3.16M or -23.3%), and Japan ($-2.02M or -16.3%).