Insulated Wire in   United States

Overview In August 2024 United States' Insulated Wire exports accounted up to $1.12B and imports accounted up to $2.76B, resulting in a negative trade balance of $1.63B. Between August 2023 and August 2024 the exports of United States'   Insulated Wire have decreased by $-2.65M (-0.24%) from $1.13B to $1.12B, while imports increased by $84.2M (3.15%) from $2.67B to $2.76B.

Destinations In August 2024, Insulated Wire were exported mostly to Mexico ($376M), Canada ($248M), United Kingdom ($68.4M), China ($49.6M), and Netherlands ($32.8M), and were imported mostly from Mexico ($1.42B), China ($317M), Vietnam ($166M), Philippines ($103M), and Honduras ($86M).

Growth In August 2024, the decrease in Insulated Wire's year-by-year exports was explained primarily by a decrease in exports to China ($-5.65M or -17.5%), Hong Kong ($-5.36M or -35.9%), and Netherlands ($-4.31M or -16.9%). In August 2024, the increase in Insulated Wire's year-by-year imports was explained primarily by an increase in imports from Mexico ($200M or 19.5%), South Korea ($47.5M or 101%), and India ($25.3M or 64.7%).