New Orleans, LA

Overview In January 2024 New Orleans, LA exported $8B and imported $5.23B, resulting in a positive trade balance of $2.77B. Between January 2023 and January 2024 the exports of New Orleans, LA have increased by $333M (4.34%) from $7.67B to $8B, while imports decreased by $-46.7M (-0.88%) from $5.28B to $5.23B.

Trade In January 2024, the top exports of New Orleans, LA were Soybeans ($946M), Aircraft Parts ($817M), Refined Petroleum ($615M), Telephones ($428M), and Integrated Circuits ($252M). In January 2024 the top imports of New Orleans, LA were Commodities not elsewhere specified ($580M), Refined Petroleum ($270M), Telephones ($252M), Integrated Circuits ($161M), and Gas Turbines ($153M).

Destinations In January 2024, New Orleans, LA exported mostly to China ($1B), Canada ($742M), United Kingdom ($719M), Mexico ($428M), and Germany ($396M), and imported mostly from China ($457M), Canada ($432M), Germany ($421M), Mexico ($331M), and France ($235M).

Growth In January 2024, the increase in New Orleans, LA's year-by-year exports was explained primarily by an increase in exports to Netherlands ($255M or 106%), United Kingdom ($158M or 57.1%), and China ($117M or 16.1%), and product exports increase in Soybeans ($451M or 54.4%), Aircraft Parts ($145M or 27.7%), and Soybean Meal ($92.5M or 57.3%). In January 2024, the decrease in New Orleans, LA's year-by-year imports was explained primarily by an decrease in imports from Russia ($-430M or -81.4%), Chile ($-271M or -72.9%), and Bahrain ($-104M or -99.5%), and product imports decrease in Refined Copper ($-325M or -87.3%), Refined Petroleum ($-124M or -30%), and Potassic Fertilizers ($-115M or -75.9%).