Ferroalloys in   United States

Overview In August 2024 United States' Ferroalloys exports accounted up to $16M and imports accounted up to $282M, resulting in a negative trade balance of $266M. Between August 2023 and August 2024 the exports of United States'   Ferroalloys have decreased by $-1.4M (-8.01%) from $17.4M to $16M, while imports increased by $91.7M (48.2%) from $190M to $282M.

Destinations In August 2024, Ferroalloys were exported mostly to Canada ($11M), Mexico ($2.91M), Malaysia ($655k), India ($434k), and Brazil ($270k), and were imported mostly from South Africa ($42.4M), Georgia ($32.1M), Australia ($27.5M), Brazil ($25M), and Norway ($23.9M).

Growth In August 2024, the decrease in Ferroalloys's year-by-year exports was explained primarily by a decrease in exports to Canada ($-1.01M or -6.09%), Mexico ($-656k or -21.2%), and Malaysia ($-264k or -23%). In August 2024, the increase in Ferroalloys's year-by-year imports was explained primarily by an increase in imports from South Africa ($64.1M or 745%), Malaysia ($15.9M or 58.6%), and India ($13.3M or 1.26k%).