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 22.25B, reflecting a significant value change of 7.26B (48.44% increase). Mexico followed with 48.52B, increasing by 3.95B (8.85%). Japan's imports reached 11.99B, up by 1.42B (13.44%). On the lower end, Ireland experienced a drastic decline, with imports dropping to 4.97B, a decrease of 14.98B (-75.09%). Canada and South Korea also saw declines, with imports of 31.12B (-0.78%) and 9.1B (-6.67%) respectively. In exports, the United Kingdom led with 11.7B, increasing by 5.3B (82.76%). Switzerland followed with 12.68B, up by 3.44B (37.20%). Mexico's exports reached 29.58B, increasing by 2.38B (8.49%). On the downside, Spain's exports fell to 1.78B, down by 849.2M (-32.27%). Italy and Malta also saw declines, with exports of 5.09B (-7.14%) and 28.05M (-93.12%) respectively.

YoY insights: In the year-on-year analysis, imports from Chinese Taipei increased significantly to 22.25B, with a value change of 11.54B (107.77%). Vietnam's imports reached 17.8B, up by 4.98B (38.82%). Thailand also saw an increase to 9.25B, with a value change of 3.07B (49.67%). Conversely, imports from China dropped to 23.89B, down by 17.58B (-42.39%). Ireland and Canada also saw declines, with imports of 4.97B (-51.82%) and 31.12B (-9.70%) respectively. In exports, Switzerland led with 12.68B, increasing by 10.75B (571.25%). The United Kingdom followed with 11.7B, up by 4.05B (52.90%). Italy's exports reached 5.09B, increasing by 2.46B (93.87%). On the downside, exports to China fell to 8.95B, down by 4.55B (-33.71%). Canada and Norway also saw declines, with exports of 29.21B (-0.21%) and 316.98M (-40.39%) respectively.