Charlotte, NC

Overview In January 2024 Charlotte, NC exported $48M and imported $154M, resulting in a negative trade balance of $106M. Between January 2023 and January 2024 the exports of Charlotte, NC have decreased by $-8.11M (-14.5%) from $56.1M to $48M, while imports increased by $24.4M (18.8%) from $130M to $154M.

Trade In January 2024, the top exports of Charlotte, NC were Aircraft Parts ($9.69M), Commodities not elsewhere specified ($5.04M), Medical Instruments ($3.62M), Electric Furnaces ($1.83M), and Gas Turbines ($1.81M). In January 2024 the top imports of Charlotte, NC were Commodities not elsewhere specified ($11.1M), Washing and Bottling Machines ($8.95M), Malt Extract ($7.99M), Medical Instruments ($6.41M), and Valves ($4.6M).

Destinations In January 2024, Charlotte, NC exported mostly to United Kingdom ($9.55M), Germany ($7.77M), Spain ($5.6M), Saudi Arabia ($5.44M), and India ($3.61M), and imported mostly from Germany ($48.3M), United Kingdom ($33.5M), Italy ($11.2M), Ireland ($9.77M), and Spain ($5.89M).

Growth In January 2024, the decrease in Charlotte, NC's year-by-year exports was explained primarily by an decrease in exports to France ($-1.17M or -50.9%), India ($-749k or -55.5%), and Germany ($-577k or -5.76%), and product exports decrease in Packaged Medicaments ($-2.14M or -63.5%), Prepr binder for foundry ($-1.52M or -86.4%), and Glass Working Machines ($-489k or -43.8%). In January 2024, the increase in Charlotte, NC's year-by-year imports was explained primarily by an increase in imports from Germany ($19.7M or 64.9%), Ireland ($6.2M or 934%), and Hungary ($6.14M or 1.15k%), and product imports increase in Other Electrical Machinery ($9.4M or 769%), Orthopedic Appliances ($6.52M or 286%), and Commodities not elsewhere specified ($4.97M or 283%).