Insights for United States

MoM insights: In the month-on-month analysis, imports from Vietnam saw a significant increase of 1.09B USD (5.94%), while Belgium and Cote d'Ivoire also showed strong growth with increases of 502.08M USD (27.76%) and 237.29M USD (212.17%) respectively. On the downside, imports from Germany dropped by 4.8B USD (-31.71%), Canada by 3.43B USD (-10.88%), and Chinese Taipei by 3B USD (-12.21%). For exports, the United Kingdom led with an increase of 3.94B USD (45.42%), followed by Mexico with 3.43B USD (12.48%) and Saudi Arabia with 1.69B USD (154.08%). Conversely, exports to Germany fell by 1.27B USD (-18.09%), Brazil by 667.29M USD (-14.14%), and France by 605.08M USD (-15.80%).

YoY insights: In the year-on-year analysis, imports from Chinese Taipei surged by 10.59B USD (96.31%), with Vietnam following closely with an increase of 6.52B USD (50.40%). Thailand also showed a notable increase of 3.68B USD (65.67%). On the contrary, imports from China plummeted by 20.99B USD (-50.95%), Switzerland by 20.87B USD (-87.75%), and Canada by 10B USD (-26.24%). For exports, the United Kingdom experienced a remarkable increase of 6.77B USD (115.88%), while Switzerland and Mexico saw increases of 3.96B USD (241.50%) and 3.7B USD (13.59%) respectively. However, exports to Canada decreased by 1.71B USD (-7.54%), China by 1.58B USD (-16.13%), and France by 890.58M USD (-21.69%).