Huntsville, AL

Overview In January 2024 Huntsville, AL exported $111M and imported $343M, resulting in a negative trade balance of $233M. Between January 2023 and January 2024 the exports of Huntsville, AL have increased by $19.7M (21.6%) from $91.1M to $111M, while imports increased by $138M (67.1%) from $205M to $343M.

Trade In January 2024, the top exports of Huntsville, AL were Aircraft Parts ($43.4M), Packaged Medicaments ($21.8M), Hormones ($6.85M), Vaccines, blood, antisera, toxins and cultures ($6.47M), and Gas Turbines ($5.92M). In January 2024 the top imports of Huntsville, AL were Vaccines, blood, antisera, toxins and cultures ($158M), Packaged Medicaments ($60.3M), Commodities not elsewhere specified ($38.9M), Nucleic Acids ($38.7M), and Low-voltage Protection Equipment ($16.4M).

Destinations In January 2024, Huntsville, AL exported mostly to Germany ($39.3M), Belgium ($22.5M), France ($13.8M), Italy ($12.6M), and Netherlands ($8.33M), and imported mostly from Germany ($127M), Switzerland ($116M), Italy ($59.2M), Ireland ($17.8M), and China ($8.59M).

Growth In January 2024, the increase in Huntsville, AL's year-by-year exports was explained primarily by an increase in exports to Germany ($14M or 42.5%), Brazil ($9.01M or 853%), and Hungary ($1.9M or 65.7%), and product exports increase in Laboratory Reagents ($7.29M or 229%), Aircraft Parts ($5.64M or 31%), and Combustion Engines ($2.8M or 263%). In January 2024, the increase in Huntsville, AL's year-by-year imports was explained primarily by an increase in imports from South Korea ($28.3M or 935%), Italy ($25.4M or 34.9%), and Sweden ($4.25M or 101%), and product imports increase in Laboratory Reagents ($25.1M or 18.4k%), Electric Batteries ($4.89M or 626%), and Low-voltage Protection Equipment ($3.17M or 29.5%).