Transportation in   United States

Overview In July 2024 United States' Transportation exports accounted up to $23B and imports accounted up to $36.1B, resulting in a negative trade balance of $13.1B. Between July 2023 and July 2024 the exports of United States'   Transportation have decreased by $-590M (-2.5%) from $23.6B to $23B, while imports increased by $1.59B (4.61%) from $34.5B to $36.1B.

Destinations In July 2024, Transportation were exported mostly to Canada ($4.62B), Mexico ($2.95B), China ($1.57B), Germany ($1.37B), and United Kingdom ($1.06B), and were imported mostly from Mexico ($11.6B), Japan ($4.98B), Canada ($4.01B), South Korea ($3.83B), and Germany ($3.67B).

Growth In July 2024, the decrease in Transportation's year-by-year exports was explained primarily by a decrease in exports to Turkey ($-217M or -68.5%), Algeria ($-114M or -98.6%), and Trinidad and Tobago ($-111M or -92.8%). In July 2024, the increase in Transportation's year-by-year imports was explained primarily by an increase in imports from Mexico ($1.79B or 22%), Germany ($1.5B or 78.9%), and Canada ($1.34B or 42.7%).