LATEST TRENDS
JANUARY, 2024
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Overview In January 2024, United States exported $2.46B and imported $1.23B from Australia, resulting in a positive trade balance of $1.23B. Between January 2023 and January 2024 the exports of United States have decreased by $-60.1M (-2.38%) from $2.52B to $2.46B, while imports decreased by $-71M (-5.44%) from $1.31B to $1.23B.
Trade In January 2024, the top exports of United States to Australia were Commodities not elsewhere specified ($127M), Cars ($125M), Harvesting Machinery ($115M), Packaged Medicaments ($108M), and Tractors ($107M). In January 2024 the top imports of United States from Australia were Coin ($227M), Vaccines, blood, antisera, toxins and cultures ($164M), Sheep and Goat Meat ($72.8M), Frozen Bovine Meat ($61.8M), and Bovine Meat ($56M).
Origins In January 2024 the exports of United States were mainly from California ($375M), Illinois ($366M), Texas ($290M), Michigan ($148M), and Indiana ($88.9M), while imports destinations were mainly California ($186M), Indiana ($140M), New Jersey ($107M), Dist of Columbia ($107M), and New York ($99.8M).
Growth In January 2024, the decrease in United States's year-by-year exports to Australia was explained primarily by an decrease in product exports in Aircraft parts including unmanned craft ($-26.7M or -57.4%), Petroleum Coke ($-16M or -51.8%), and Sodium or Potassium Peroxides ($-11.7M or -99.6%). In January 2024, the decrease in United States's year-by-year imports from Australia was explained primarily by an decrease in product imports in Raw Nickel ($-37.3M or -78.1%), Gold ($-36.5M or -98.1%), and Sheep and Goat Meat ($-35.3M or -32.6%).
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LATEST TRENDSJANUARY, 2024AboutOverview In January 2024, United...
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