Insights for United States

MoM insights: In the month-on-month analysis, imports from Mexico saw a significant increase of 1.8 billion USD, representing a 4.25% rise. France and Malaysia also showed strong growth, with increases of 973.5 million USD (21.13%) and 891.89 million USD (17.71%) respectively. On the downside, Vietnam experienced the largest decline in imports, dropping by 3.83 billion USD (-19.69%), followed by China with a decrease of 2.05 billion USD (-10.16%) and India with a decline of 1.09 billion USD (-13.94%). For exports, Switzerland led with a remarkable increase of 4.91 billion USD (87.78%), while Hong Kong and Canada also saw substantial gains of 4.39 billion USD (157.20%) and 3.57 billion USD (16.99%) respectively. Conversely, Mexico's exports fell by 2.7 billion USD (-8.74%), followed by the United Kingdom with a decrease of 2.22 billion USD (-17.67%) and Saudi Arabia with a drop of 1.58 billion USD (-56.90%).

YoY insights: In the year-on-year analysis, imports from Chinese Taipei surged by 10.49 billion USD (99.83%), followed by Thailand with an increase of 4.24 billion USD (88.87%) and Vietnam with a rise of 3.76 billion USD (31.65%). On the other hand, imports from Switzerland saw a significant decline of 16.22 billion USD (-81.47%), with China and Ireland also experiencing substantial drops of 13.04 billion USD (-41.81%) and 10.54 billion USD (-69.69%) respectively. For exports, Switzerland again topped the list with an increase of 8.36 billion USD (388.57%), followed by Hong Kong with a rise of 4.37 billion USD (155.63%) and Mexico with an increase of 2.16 billion USD (8.31%). However, exports to China fell by 2.5 billion USD (-24.74%), Japan by 330.91 million USD (-5.29%), and Austria by 302.54 million USD (-52.19%).