Machines in   United States

Overview In July 2024 United States' Machines exports accounted up to $40.1B and imports accounted up to $88.9B, resulting in a negative trade balance of $48.9B. Between July 2023 and July 2024 the exports of United States'   Machines have increased by $4.74B (13.4%) from $35.3B to $40.1B, while imports increased by $14.5B (19.4%) from $74.4B to $88.9B.

Destinations In July 2024, Machines were exported mostly to Mexico ($9.38B), Canada ($6.37B), China ($2.67B), Malaysia ($1.65B), and Chinese Taipei ($1.54B), and were imported mostly from China ($18.5B), Mexico ($16.3B), Chinese Taipei ($10.5B), Vietnam ($6.08B), and Japan ($4.53B).

Growth In July 2024, the increase in Machines's year-by-year exports was explained primarily by an increase in exports to Canada ($1.12B or 20.9%), Mexico ($768M or 10.5%), and Poland ($194M or 98.5%). In July 2024, the increase in Machines's year-by-year imports was explained primarily by an increase in imports from Mexico ($1.22B or 10.5%), Germany ($937M or 33.2%), and Canada ($688M or 27.9%).