Baltimore, MD

Overview In January 2024 Baltimore, MD exported $1.4B and imported $4.82B, resulting in a negative trade balance of $3.42B. Between January 2023 and January 2024 the exports of Baltimore, MD have decreased by $-309M (-18.1%) from $1.71B to $1.4B, while imports decreased by $-461M (-8.73%) from $5.28B to $4.82B.

Trade In January 2024, the top exports of Baltimore, MD were Coal Briquettes ($275M), Petroleum Gas ($163M), Delivery Trucks ($149M), Cars ($120M), and Tractors ($101M). In January 2024 the top imports of Baltimore, MD were Cars ($1.78B), Large Construction Vehicles ($303M), Delivery Trucks ($184M), Raw Aluminium ($159M), and Radioactive Chemicals ($132M).

Destinations In January 2024, Baltimore, MD exported mostly to Australia ($166M), India ($148M), Netherlands ($92.4M), United Kingdom ($88.9M), and Germany ($82.3M), and imported mostly from Japan ($668M), Germany ($591M), Mexico ($530M), United Kingdom ($352M), and China ($317M).

Growth In January 2024, the decrease in Baltimore, MD's year-by-year exports was explained primarily by an decrease in exports to Turkey ($-60.3M or -95.6%), Belgium ($-36.2M or -48%), and Morocco ($-32.7M or -73.7%), and product exports decrease in Aircraft Parts ($-11M or -21.6%), Metal Mountings ($-7.05M or -94.9%), and Electric Generating Sets ($-6.7M or -80.9%). In January 2024, the decrease in Baltimore, MD's year-by-year imports was explained primarily by an decrease in imports from Japan ($-134M or -20.4%), Australia ($-43.2M or -59.1%), and Indonesia ($-35.3M or -34.6%), and product imports decrease in Raw Tin ($-112M or -72.3%), Raw Aluminium ($-20.6M or -12.8%), and Cobalt ($-20M or -57.1%).