Excavation Machinery in   United States

Overview In February 2024 United States' Excavation Machinery exports accounted up to $644M and imports accounted up to $898M, resulting in a negative trade balance of $254M. Between February 2023 and February 2024 the exports of United States'   Excavation Machinery have increased by $82.5M (14.7%) from $562M to $644M, while imports decreased by $-16.2M (-1.77%) from $914M to $898M.

Destinations In February 2024, Excavation Machinery were exported mostly to Canada ($188M), Mexico ($127M), Chile ($27.1M), Australia ($25.7M), and Brazil ($24.2M), and were imported mostly from Mexico ($164M), China ($150M), Canada ($145M), Germany ($62.7M), and Japan ($53.7M).

Growth In February 2024, the increase in Excavation Machinery's year-by-year exports was explained primarily by an increase in exports to Canada ($26.4M or 17.5%), Mexico ($18.1M or 32.1%), and Saudi Arabia ($11.3M or 313%). In February 2024, the decrease in Excavation Machinery's year-by-year imports was explained primarily by a decrease in imports from China ($-20.9M or -9.43%), South Korea ($-7.38M or -14.2%), and Chinese Taipei ($-3.01M or -23.9%).