Electric Soldering Equipment in   United States

Overview In November 2024 United States' Electric Soldering Equipment exports accounted up to $83.5M and imports accounted up to $154M, resulting in a negative trade balance of $70.4M. Between November 2023 and November 2024 the exports of United States'   Electric Soldering Equipment have decreased by $-28.2M (-25.3%) from $112M to $83.5M, while imports decreased by $-41.3M (-21.1%) from $195M to $154M.

Destinations In November 2024, Electric Soldering Equipment were exported mostly to Mexico ($30.4M), Canada ($19.4M), China ($4.16M), Germany ($3.4M), and Australia ($3.34M), and were imported mostly from Japan ($30.7M), Canada ($24.5M), Germany ($23.4M), China ($11.2M), and Switzerland ($11.1M).

Growth In November 2024, the decrease in Electric Soldering Equipment's year-by-year exports was explained primarily by a decrease in exports to Russia ($-1.3M or -99%), Dominican Republic ($-834k or -80.1%), and Argentina ($-741k or -57.1%). In November 2024, the decrease in Electric Soldering Equipment's year-by-year imports was explained primarily by a decrease in imports from Japan ($-9.27M or -33.9%), Switzerland ($-6.26M or -41.6%), and China ($-5.93M or -35.4%).