Washington, DC

Overview In January 2024 Washington, DC exported $377M and imported $836M, resulting in a negative trade balance of $458M. Between January 2023 and January 2024 the exports of Washington, DC have decreased by $-50.9M (-11.9%) from $428M to $377M, while imports increased by $226M (37.1%) from $609M to $836M.

Trade In January 2024, the top exports of Washington, DC were Vaccines, blood, antisera, toxins and cultures ($37M), Laboratory Reagents ($29.1M), Packaged Medicaments ($20.6M), Aircraft parts including unmanned craft ($19M), and Orthopedic Appliances ($17.6M). In January 2024 the top imports of Washington, DC were Packaged Medicaments ($156M), Vaccines, blood, antisera, toxins and cultures ($136M), Gas Turbines ($47.4M), Commodities not elsewhere specified ($39.1M), and Chemical Analysis Instruments ($29.3M).

Destinations In January 2024, Washington, DC exported mostly to Netherlands ($57.6M), United Kingdom ($38.4M), Belgium ($36M), Germany ($30.6M), and France ($21.9M), and imported mostly from United Kingdom ($124M), Belgium ($96M), Germany ($82.2M), Italy ($68.8M), and India ($60.9M).

Growth In January 2024, the decrease in Washington, DC's year-by-year exports was explained primarily by an decrease in exports to Japan ($-31.2M or -53.9%), Belgium ($-29.9M or -47.2%), and India ($-9.22M or -49.4%), and product exports decrease in Vaccines, blood, antisera, toxins and cultures ($-45.3M or -60.4%), Precious Metal Scraps ($-21.7M or -93.5%), and Aircraft parts including unmanned craft ($-13.4M or -58.3%). In January 2024, the increase in Washington, DC's year-by-year imports was explained primarily by an increase in imports from United Kingdom ($30.8M or 43%), France ($29.2M or 152%), and Denmark ($21.4M or 156%), and product imports increase in Orthopedic Appliances ($11M or 138%), Commodities not elsewhere specified ($10.7M or 32%), and Hormones ($8.71M or 174%).