Insights for United States

MoM insights: In the month-on-month analysis, imports from Chinese Taipei saw the highest increase with a trade value of 22.15B, reflecting a significant value change of 7.25B (48.71%). Other notable increases include imports from Mexico at 48.27B with a change of 3.94B (8.89%) and Japan at 11.87B with a change of 1.41B (13.44%). On the lower end, imports from Ireland dropped to 4.92B, a decrease of 14.99B (-75.28%), followed by Canada at 30.87B with a decrease of 759.08M (-2.40%) and South Korea at 9.05B with a decrease of 647.13M (-6.66%). For exports, the United Kingdom led with 11.38B, increasing by 5.2B (84.15%), followed by Switzerland at 12.43B with a change of 3.41B (37.80%) and Canada at 24.93B with a change of 2.46B (10.97%). Conversely, exports to Spain fell to 1.74B, down by 835.76M (-32.44%), followed by Malta at 27.8M with a decrease of 390.2M (-93.35%) and Italy at 4.96B with a decrease of 381.64M (-7.14%).

YoY insights: In the year-on-year analysis, imports from Chinese Taipei increased significantly to 22.15B, with a value change of 11.52B (108.49%). Vietnam followed with 17.7B, increasing by 4.93B (38.56%), and Thailand at 9.21B with a change of 3.06B (49.86%). On the downside, imports from China decreased to 22.91B, down by 18.05B (-44.07%), followed by Ireland at 4.92B with a decrease of 5.36B (-52.73%) and Canada at 30.87B with a decrease of 3.35B (-9.76%). For exports, Switzerland saw a remarkable increase to 12.43B, with a value change of 10.56B (5,644.87%), followed by Canada at 24.93B with an increase of 4.89B (24.42%) and the United Kingdom at 11.38B with a change of 3.98B (53.74%). On the lower end, exports to China fell to 8.83B, down by 4.52B (-33.84%), followed by Norway at 299.67M with a decrease of 204.57M (-40.57%) and Chile at 1.37B with a decrease of 183.21M (-11.82%).