Cars, tractors, trucks & parts thereof. in   United States

Overview In November 2024 United States' Cars, tractors, trucks & parts thereof. exports accounted up to $11.5B and imports accounted up to $32.1B, resulting in a negative trade balance of $20.6B. Between November 2023 and November 2024 the exports of United States'   Cars, tractors, trucks & parts thereof. have decreased by $-689M (-5.63%) from $12.2B to $11.5B, while imports decreased by $-618M (-1.89%) from $32.7B to $32.1B.

Destinations In November 2024, Cars, tractors, trucks & parts thereof. were exported mostly to Canada ($3.81B), Mexico ($2.5B), Germany ($867M), Australia ($499M), and China ($372M), and were imported mostly from Mexico ($11.5B), Canada ($4.14B), Japan ($3.93B), South Korea ($3.25B), and Germany ($3.21B).

Growth In November 2024, the decrease in Cars, tractors, trucks & parts thereof.'s year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei ($-84.9M or -71.8%), Russia ($-65.9M or -98.3%), and Ukraine ($-47.6M or -62.1%). In November 2024, the decrease in Cars, tractors, trucks & parts thereof.'s year-by-year imports was explained primarily by a decrease in imports from Japan ($-826M or -20.1%), Finland ($-109M or -74.8%), and China ($-103M or -7.25%).