Phoenix, AZ

Overview In January 2024 Phoenix, AZ exported $74.6M and imported $116M, resulting in a negative trade balance of $41.2M. Between January 2023 and January 2024 the exports of Phoenix, AZ have increased by $32.1M (75.6%) from $42.5M to $74.6M, while imports increased by $18M (18.5%) from $97.7M to $116M.

Trade In January 2024, the top exports of Phoenix, AZ were Aircraft Parts ($16.3M), Planes, Helicopters, and/or Spacecraft ($13.1M), Integrated Circuits ($7.37M), Cathode Tubes ($5.48M), and Telephones ($4.55M). In January 2024 the top imports of Phoenix, AZ were Medical Instruments ($27.4M), Commodities not elsewhere specified ($26.3M), Aircraft parts including unmanned craft ($10.6M), Gas Turbines ($9.27M), and Machines and apparatus of a kind... ($7.34M).

Destinations In January 2024, Phoenix, AZ exported mostly to United Kingdom ($20.2M), United Arab Emirates ($14.6M), Ireland ($6.9M), Costa Rica ($2.85M), and France ($2.72M), and imported mostly from Germany ($32.1M), United Kingdom ($21.7M), Mexico ($13M), Canada ($6.14M), and India ($5.78M).

Growth In January 2024, the increase in Phoenix, AZ's year-by-year exports was explained primarily by an increase in exports to Norway ($2.85M or 6.18k%), France ($1.92M or 102%), and Costa Rica ($1.11M or 163%), and product exports increase in Aircraft Parts ($7.72M or 89%), Oscilloscopes ($1.52M or 138%), and Telephones ($880k or 28.2%). In January 2024, the increase in Phoenix, AZ's year-by-year imports was explained primarily by an increase in imports from France ($25.5M or 18k%), United Kingdom ($10.8M or 193%), and Germany ($6.55M or 191%), and product imports increase in Commodities not elsewhere specified ($17.8M or 238%), Gas Turbines ($6.8M or 166%), and Aircraft parts including unmanned craft ($6.11M or 649%).