Electric Batteries in   United States

Overview In January 2024 United States' Electric Batteries exports accounted up to $545M and imports accounted up to $2.65B, resulting in a negative trade balance of $2.1B. Between January 2023 and January 2024 the exports of United States'   Electric Batteries have increased by $178M (48.3%) from $368M to $545M, while imports decreased by $-243M (-8.42%) from $2.89B to $2.65B.

Destinations In January 2024, Electric Batteries were exported mostly to Mexico ($164M), Australia ($131M), Canada ($114M), Netherlands ($17.7M), and South Korea ($16.8M), and were imported mostly from China ($1.42B), South Korea ($389M), Japan ($222M), Poland ($131M), and Mexico ($113M).

Growth In January 2024, the increase in Electric Batteries's year-by-year exports was explained primarily by an increase in exports to South Korea ($26.2M or 302%), Canada ($18.8M or 18.8%), and Australia ($16.1M or 132%). In January 2024, the decrease in Electric Batteries's year-by-year imports was explained primarily by a decrease in imports from India ($-3.73M or -90.3%), Spain ($-2.9M or -72.7%), and Romania ($-1.9M or -85%).