Balances in   United States

Overview In January 2024 United States' Balances exports accounted up to $1.65M and imports accounted up to $9.1M, resulting in a negative trade balance of $7.44M. Between January 2023 and January 2024 the exports of United States'   Balances have decreased by $-988k (-37.4%) from $2.64M to $1.65M, while imports decreased by $-518k (-5.38%) from $9.61M to $9.1M.

Destinations In January 2024, Balances were exported mostly to Canada ($794k), Mexico ($245k), Netherlands ($140k), Colombia ($76.2k), and Ecuador ($64.2k), and were imported mostly from Switzerland ($5.12M), China ($1.92M), Germany ($1.13M), Italy ($275k), and South Korea ($263k).

Growth In January 2024, the decrease in Balances's year-by-year exports was explained primarily by a decrease in exports to Canada ($-291k or -24.8%), Germany ($-19.7k or -48.6%), and Netherlands ($-5.17k or -7.83%). In January 2024, the decrease in Balances's year-by-year imports was explained primarily by a decrease in imports from Switzerland ($-1.77M or -29.6%), Philippines ($-6.58k or -39.5%), and Canada ($-1.29k or -12.9%).