Austin, TX

Overview In January 2024 Austin, TX exported $21.9M and imported $39.7M, resulting in a negative trade balance of $17.8M. Between January 2023 and January 2024 the exports of Austin, TX have decreased by $-16M (-42.2%) from $37.9M to $21.9M, while imports increased by $13.6M (52.2%) from $26.1M to $39.7M.

Trade In January 2024, the top exports of Austin, TX were Telephones ($7.43M), Computers ($1.96M), Gas Turbines ($1.74M), Gold ($1.61M), and Weapons Parts and Accessories ($1.29M). In January 2024 the top imports of Austin, TX were Telephones ($9.15M), Office Machine Parts ($4.94M), Integrated Circuits ($3.98M), Gas Turbines ($2.67M), and Commodities not elsewhere specified ($1.41M).

Destinations In January 2024, Austin, TX exported mostly to India ($5.32M), Germany ($2.65M), Mexico ($2.41M), Czechia ($2.15M), and Netherlands ($1.82M), and imported mostly from China ($4.74M), Italy ($4.41M), India ($4.39M), Malaysia ($4.05M), and Mexico ($3.35M).

Growth In January 2024, the decrease in Austin, TX's year-by-year exports was explained primarily by an decrease in exports to Canada ($-548k or -80.6%), Mexico ($-495k or -7.9%), and Malaysia ($-362k or -71.9%), and product exports decrease in Gold ($-546k or -23.9%), Electrical Capacitors ($-476k or -58.2%), and Telephones ($-347k or -51.3%). In January 2024, the increase in Austin, TX's year-by-year imports was explained primarily by an increase in imports from Germany ($5.92M or 516k%), Mexico ($2.02M or 136%), and Switzerland ($2.01M or 4.75k%), and product imports increase in Telephones ($2.89M or 54.1k%), Machines and apparatus of a kind... ($1.83M or 778%), and Commodities not elsewhere specified ($1.36M or 361%).