Insights for United States

MoM insights: In the month-on-month analysis, imports from Vietnam saw a significant increase of 1.06B USD (5.72%), while Belgium and Cote d'Ivoire also showed strong growth with increases of 501.74M USD (27.65%) and 237.3M USD (212.09%) respectively. On the downside, imports from Germany dropped by 4.82B USD (-31.55%), with Canada and Chinese Taipei following with decreases of 3.44B USD (-10.84%) and 3B USD (-12.14%). For exports, the United Kingdom led with a 4.02B USD (44.91%) increase, followed by Mexico with 3.43B USD (12.21%) and Saudi Arabia with 1.7B USD (153.99%). Conversely, exports to Germany fell by 1.28B USD (-17.78%), Canada by 1B USD (-3.93%), and Brazil by 674.15M USD (-14.06%).

YoY insights: In the year-on-year analysis, imports from Chinese Taipei surged by 10.62B USD (96.96%), with Vietnam and Thailand also showing strong growth of 6.61B USD (50.88%) and 3.69B USD (65.80%) respectively. On the other hand, imports from Switzerland and China saw significant declines of 20.87B USD (-87.64%) and 20.58B USD (-49.43%). For exports, the United Kingdom experienced a notable increase of 6.93B USD (114.60%), with Switzerland and Mexico following with increases of 4.03B USD (2.38%) and 3.66B USD (13.12%). However, exports to Canada decreased by 1.95B USD (-7.38%), China by 1.57B USD (-15.88%), and France by 913.07M USD (-21.56%).