Boston, MA

Overview In January 2024 Boston, MA exported $710M and imported $2.06B, resulting in a negative trade balance of $1.35B. Between January 2023 and January 2024 the exports of Boston, MA have decreased by $-38.5M (-5.14%) from $749M to $710M, while imports decreased by $-149M (-6.73%) from $2.21B to $2.06B.

Trade In January 2024, the top exports of Boston, MA were Aircraft Parts ($87.1M), Vaccines, blood, antisera, toxins and cultures ($73.8M), Medical Instruments ($60M), Scrap Iron ($39.2M), and Centrifuges ($28.2M). In January 2024 the top imports of Boston, MA were Refined Petroleum ($483M), Orthopedic Appliances ($116M), Medical Instruments ($105M), Vaccines, blood, antisera, toxins and cultures ($96.6M), and Commodities not elsewhere specified ($89.4M).

Destinations In January 2024, Boston, MA exported mostly to Germany ($170M), China ($59.5M), Japan ($57M), Netherlands ($52.2M), and France ($49M), and imported mostly from Canada ($336M), China ($252M), United Kingdom ($163M), Ireland ($150M), and Japan ($136M).

Growth In January 2024, the decrease in Boston, MA's year-by-year exports was explained primarily by an decrease in exports to Spain ($-18.1M or -52%), France ($-16M or -21.4%), and China ($-10.8M or -15.4%), and product exports decrease in Centrifuges ($-35.6M or -37.7%), Hormones ($-14M or -54.1%), and Precious Metal Scraps ($-13.6M or -97.9%). In January 2024, the decrease in Boston, MA's year-by-year imports was explained primarily by an decrease in imports from Trinidad and Tobago ($-117M or -68.8%), Costa Rica ($-16.9M or -86.4%), and Brazil ($-16.2M or -58.7%), and product imports decrease in Petroleum Gas ($-62.4M or -36.7%), Laboratory Reagents ($-34.3M or -83.2%), and Medical Instruments ($-21.3M or -18.2%).