Electric Furnaces in   United States

Overview In November 2024 United States' Electric Furnaces exports accounted up to $69.1M and imports accounted up to $103M, resulting in a negative trade balance of $34.3M. Between November 2023 and November 2024 the exports of United States'   Electric Furnaces have increased by $1.8M (2.68%) from $67.3M to $69.1M, while imports increased by $51.7M (100%) from $51.6M to $103M.

Destinations In November 2024, Electric Furnaces were exported mostly to Japan ($18.3M), Chinese Taipei ($12.3M), Mexico ($5.91M), Singapore ($5.5M), and Canada ($5.37M), and were imported mostly from Germany ($26.9M), Japan ($17.7M), Italy ($14.9M), China ($12.3M), and United Kingdom ($5.75M).

Growth In November 2024, the increase in Electric Furnaces's year-by-year exports was explained primarily by an increase in exports to Malaysia ($7.95M or 640%), South Korea ($2.32M or 151%), and Mexico ($1.48M or 32.1%). In November 2024, the increase in Electric Furnaces's year-by-year imports was explained primarily by an increase in imports from Germany ($6.86M or 165%), Sweden ($5.98M or 1.77k%), and Switzerland ($5.06M or 3.4k%).