Iron or steel articles in   United States

Overview In November 2024 United States' Iron or steel articles exports accounted up to $1.87B and imports accounted up to $4.07B, resulting in a negative trade balance of $2.2B. Between November 2023 and November 2024 the exports of United States'   Iron or steel articles have decreased by $-73.9M (-3.8%) from $1.95B to $1.87B, while imports increased by $379M (10.3%) from $3.69B to $4.07B.

Destinations In November 2024, Iron or steel articles were exported mostly to Mexico ($631M), Canada ($496M), China ($60.3M), Germany ($41.4M), and France ($41.3M), and were imported mostly from China ($972M), Mexico ($593M), Canada ($424M), South Korea ($267M), and India ($253M).

Growth In November 2024, the decrease in Iron or steel articles's year-by-year exports was explained primarily by a decrease in exports to China ($-13.6M or -23.7%), United Kingdom ($-9.6M or -22.2%), and Japan ($-4.48M or -12.8%). In November 2024, the increase in Iron or steel articles's year-by-year imports was explained primarily by an increase in imports from Canada ($126M or 32.4%), Italy ($90.6M or 114%), and South Korea ($88.2M or 49.9%).