Excavation Machinery in   United States

Overview In January 2024 United States' Excavation Machinery exports accounted up to $559M and imports accounted up to $970M, resulting in a negative trade balance of $410M. Between January 2023 and January 2024 the exports of United States'   Excavation Machinery have decreased by $-16.2M (-2.81%) from $575M to $559M, while imports increased by $9.05M (0.94%) from $960M to $970M.

Destinations In January 2024, Excavation Machinery were exported mostly to Canada ($164M), Mexico ($69.8M), Chile ($27.3M), Australia ($26.6M), and Brazil ($22.5M), and were imported mostly from China ($193M), Mexico ($162M), Canada ($142M), Germany ($71.5M), and Japan ($61.4M).

Growth In January 2024, the decrease in Excavation Machinery's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-8.13M or -45.3%), Namibia ($-4.58M or -91%), and Japan ($-4.47M or -42.7%). In January 2024, the increase in Excavation Machinery's year-by-year imports was explained primarily by an increase in imports from Mexico ($20.3M or 16%), Canada ($19.3M or 18.1%), and Austria ($16.4M or 189%).