Electric Furnaces in   United States

Overview In February 2024 United States' Electric Furnaces exports accounted up to $78.4M and imports accounted up to $103M, resulting in a negative trade balance of $25M. Between February 2023 and February 2024 the exports of United States'   Electric Furnaces have decreased by $-3.88M (-4.72%) from $82.2M to $78.4M, while imports increased by $43.9M (73.9%) from $59.4M to $103M.

Destinations In February 2024, Electric Furnaces were exported mostly to Japan ($34.4M), China ($6.64M), Chinese Taipei ($6.26M), Mexico ($5.79M), and Canada ($4.71M), and were imported mostly from Japan ($29.3M), Germany ($26.1M), South Korea ($8.85M), France ($6.28M), and Mexico ($5.13M).

Growth In February 2024, the decrease in Electric Furnaces's year-by-year exports was explained primarily by a decrease in exports to India ($-2.67M or -86.7%), Germany ($-1.54M or -53.9%), and Israel ($-998k or -92.8%). In February 2024, the increase in Electric Furnaces's year-by-year imports was explained primarily by an increase in imports from Germany ($6.86M or 165%), Sweden ($5.98M or 1.77k%), and Switzerland ($5.06M or 3.4k%).