Excavation Machinery in   United States

Overview In August 2024 United States' Excavation Machinery exports accounted up to $624M and imports accounted up to $949M, resulting in a negative trade balance of $325M. Between August 2023 and August 2024 the exports of United States'   Excavation Machinery have decreased by $-33.1M (-5.03%) from $657M to $624M, while imports decreased by $-47.5M (-4.77%) from $996M to $949M.

Destinations In August 2024, Excavation Machinery were exported mostly to Canada ($211M), Mexico ($77.9M), Chile ($31M), Saudi Arabia ($25.3M), and Brazil ($22.8M), and were imported mostly from China ($168M), Mexico ($156M), Canada ($133M), Japan ($81.2M), and Germany ($75.7M).

Growth In August 2024, the decrease in Excavation Machinery's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-8.13M or -45.3%), Namibia ($-4.58M or -91%), and Japan ($-4.47M or -42.7%). In August 2024, the decrease in Excavation Machinery's year-by-year imports was explained primarily by a decrease in imports from China ($-20.9M or -9.43%), South Korea ($-7.38M or -14.2%), and Chinese Taipei ($-3.01M or -23.9%).