Indianapolis, IN

Overview In January 2024 Indianapolis, IN exported $120M and imported $413M, resulting in a negative trade balance of $293M. Between January 2023 and January 2024 the exports of Indianapolis, IN have increased by $43.8M (57.7%) from $76M to $120M, while imports decreased by $-283M (-40.7%) from $696M to $413M.

Trade In January 2024, the top exports of Indianapolis, IN were Vaccines, blood, antisera, toxins and cultures ($61.4M), Packaged Medicaments ($25.8M), Laboratory Reagents ($15.8M), Machinery Having Individual Functions ($3.11M), and Prepr binder for foundry ($1.85M). In January 2024 the top imports of Indianapolis, IN were Vaccines, blood, antisera, toxins and cultures ($191M), Laboratory Reagents ($59.8M), Video and Card Games ($18.5M), Chemical Analysis Instruments ($11.1M), and Commodities not elsewhere specified ($9.77M).

Destinations In January 2024, Indianapolis, IN exported mostly to Germany ($80.8M), Switzerland ($23.1M), France ($6.25M), Japan ($1.86M), and Israel ($1.57M), and imported mostly from Netherlands ($145M), China ($74.2M), Germany ($61.3M), Ireland ($38.2M), and Belgium ($17M).

Growth In January 2024, the increase in Indianapolis, IN's year-by-year exports was explained primarily by an increase in exports to Switzerland ($11.4M or 77.1%), France ($3.89M or 672%), and Netherlands ($306k or 25.9%), and product exports increase in Packaged Medicaments ($23.3M or 2.36k%), Medical Instruments ($788k or 384%), and Oxygen Heterocyclic Compounds ($289k or 16.4%). In January 2024, the decrease in Indianapolis, IN's year-by-year imports was explained primarily by an decrease in imports from Austria ($-5.47M or -83.7%), Japan ($-3.58M or -38.5%), and Netherlands ($-2.19M or -21.8%), and product imports decrease in Telephones ($-6.72M or -83%), Orthopedic Appliances ($-4.3M or -74.4%), and Electrical Control Boards ($-2.79M or -48.4%).