Interchangeable Tool Parts in   United States

Overview In August 2024 United States' Interchangeable Tool Parts exports accounted up to $167M and imports accounted up to $265M, resulting in a negative trade balance of $97.9M. Between August 2023 and August 2024 the exports of United States'   Interchangeable Tool Parts have decreased by $-16.5M (-8.96%) from $184M to $167M, while imports increased by $9.06M (3.54%) from $256M to $265M.

Destinations In August 2024, Interchangeable Tool Parts were exported mostly to Canada ($42.2M), Mexico ($41.8M), Saudi Arabia ($6.45M), Germany ($5.77M), and United Kingdom ($4.77M), and were imported mostly from South Korea ($48.9M), China ($44.2M), Germany ($37.5M), Japan ($24.1M), and Canada ($18.2M).

Growth In August 2024, the decrease in Interchangeable Tool Parts's year-by-year exports was explained primarily by a decrease in exports to Belgium ($-16M or -96.9%), South Africa ($-1.96M or -76.9%), and Libya ($-1.02M or -99.3%). In August 2024, the increase in Interchangeable Tool Parts's year-by-year imports was explained primarily by an increase in imports from South Korea ($7.32M or 45.2%), India ($3.18M or 67.6%), and Germany ($2.08M or 6.57%).