Cars in   United States

Overview In August 2024 United States' Cars exports accounted up to $5.11B and imports accounted up to $17.5B, resulting in a negative trade balance of $12.4B. Between August 2023 and August 2024 the exports of United States'   Cars have decreased by $-311M (-5.73%) from $5.42B to $5.11B, while imports decreased by $-284M (-1.59%) from $17.8B to $17.5B.

Destinations In August 2024, Cars were exported mostly to Canada ($1.33B), Germany ($669M), Mexico ($438M), China ($379M), and United Arab Emirates ($364M), and were imported mostly from Mexico ($3.99B), Japan ($3.25B), South Korea ($2.97B), Canada ($2.06B), and Germany ($2B).

Growth In August 2024, the decrease in Cars's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei ($-85M or -77%), Ukraine ($-61.8M or -93.2%), and Germany ($-57.8M or -11%). In August 2024, the decrease in Cars's year-by-year imports was explained primarily by a decrease in imports from Japan ($-711M or -22%), Finland ($-115M or -79.5%), and India ($-39.3M or -80.5%).