Interchangeable Tool Parts in   United States

Overview In June 2024 United States' Interchangeable Tool Parts exports accounted up to $160M and imports accounted up to $230M, resulting in a negative trade balance of $70.4M. Between June 2023 and June 2024 the exports of United States'   Interchangeable Tool Parts have decreased by $-10.8M (-6.33%) from $171M to $160M, while imports decreased by $-2.96M (-1.27%) from $233M to $230M.

Destinations In June 2024, Interchangeable Tool Parts were exported mostly to Canada ($41.7M), Mexico ($40.1M), Saudi Arabia ($6.55M), Germany ($5.13M), and United Kingdom ($4.92M), and were imported mostly from China ($40M), Germany ($34.7M), Japan ($26.2M), South Korea ($18.8M), and Canada ($16.9M).

Growth In June 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 ($-1.02M or -99.3%). In June 2024, the decrease in Interchangeable Tool Parts's year-by-year imports was explained primarily by a decrease in imports from China ($-28.7M or -37.6%), Canada ($-9.84M or -37.1%), and Japan ($-3.39M or -10.3%).