Portland, OR

Overview In January 2024 Portland, OR exported $291M and imported $1.14B, resulting in a negative trade balance of $848M. Between January 2023 and January 2024 the exports of Portland, OR have decreased by $-157M (-35.1%) from $449M to $291M, while imports increased by $726M (176%) from $413M to $1.14B.

Trade In January 2024, the top exports of Portland, OR were Wheat ($86.4M), Carbonates ($69.3M), Potassic Fertilizers ($57.2M), Cars ($38.1M), and Delivery Trucks ($15.7M). In January 2024 the top imports of Portland, OR were Cars ($950M), Delivery Trucks ($23.8M), Refined Petroleum ($19.9M), Rubber Tires ($18.2M), and Nitrogenous Fertilizers ($14.8M).

Destinations In January 2024, Portland, OR exported mostly to China ($96.2M), South Korea ($46.2M), Japan ($31.4M), Indonesia ($20.9M), and Philippines ($18.9M), and imported mostly from South Korea ($416M), Japan ($344M), China ($261M), Mexico ($34.3M), and Singapore ($20.8M).

Growth In January 2024, the decrease in Portland, OR's year-by-year exports was explained primarily by an decrease in exports to Vietnam ($-21.8M or -81.1%), Philippines ($-15.5M or -65.8%), and Belgium ($-11.1M or -99.6%), and product exports decrease in Soybeans ($-26.5M or -75.5%), Wheat ($-13.1M or -10.8%), and Forage Crops ($-1.63M or -27.9%). In January 2024, the increase in Portland, OR's year-by-year imports was explained primarily by an increase in imports from United Kingdom ($11.5M or 1.99k%), Netherlands ($5.55M or 455%), and Germany ($5.28M or 3.4k%), and product imports increase in Electric Batteries ($44M or 19.8k%), Fireworks ($6.37M or 627%), and Machines and apparatus of a kind... ($4.05M or 141%).