New York City, NY

Overview In January 2024 New York City, NY exported $13.4B and imported $24.7B, resulting in a negative trade balance of $11.4B. Between January 2023 and January 2024 the exports of New York City, NY have decreased by $-900M (-6.3%) from $14.3B to $13.4B, while imports decreased by $-1.34B (-5.14%) from $26.1B to $24.7B.

Trade In January 2024, the top exports of New York City, NY were Gold ($1.99B), Diamonds ($933M), Jewellery ($861M), Aircraft Parts ($749M), and Vaccines, blood, antisera, toxins and cultures ($684M). In January 2024 the top imports of New York City, NY were Packaged Medicaments ($2.08B), Diamonds ($1.13B), Cars ($1.12B), Refined Petroleum ($796M), and Commodities not elsewhere specified ($795M).

Destinations In January 2024, New York City, NY exported mostly to Switzerland ($1.68B), Germany ($923M), China ($865M), Israel ($800M), and United Kingdom ($707M), and imported mostly from China ($2.88B), India ($2.4B), Italy ($1.95B), Switzerland ($1.66B), and Germany ($1.28B).

Growth In January 2024, the decrease in New York City, NY's year-by-year exports was explained primarily by an decrease in exports to China ($-177M or -20%), Hong Kong ($-161M or -27.3%), and Spain ($-161M or -61%), and product exports decrease in Integrated Circuits ($-110M or -48.5%), Machines and apparatus of a kind... ($-64.5M or -27.3%), and Precious Metal Scraps ($-49M or -21%). In January 2024, the decrease in New York City, NY's year-by-year imports was explained primarily by an decrease in imports from China ($-1.62B or -36.4%), Switzerland ($-505M or -33.4%), and Malaysia ($-225M or -49.6%), and product imports decrease in Other Precious Metal Products ($-257M or -61.2%), Platinum ($-185M or -18.7%), and Saturated Acyclic Monocarboxylic Acids ($-168M or -81.6%).