Overview: In January 2021 California exported $13.1B and imported $33.3B, resulting in a negative trade balance of $20.2B. Between January 2020 and January 2021 the exports of California have decreased by $-319M (-2.38%) from $13.4B to $13.1B, while imports increased by $1.3B (4.07%) from $32B to $33.3B.
Trade: In January 2021, the top exports of California were Machines and apparatus of a kind... ($845M), Cars ($827M), Integrated Circuits ($653M), Other Nuts ($528M), and Telephones ($411M). In January 2021 the top imports of California were Computers ($3.02B), Cars ($2.77B), Telephones ($1.48B), Office Machine Parts ($938M), and Crude Petroleum ($901M).
Destinations: In January 2021, California exported mostly to Mexico ($1.97B), China ($1.24B), Japan ($1.17B), Canada ($1.16B), and South Korea ($975M), and imported mostly from China ($10.7B), Mexico ($4.11B), Canada ($2.39B), Vietnam ($1.97B), and Taiwan ($1.74B).
Growth: In January 2021, the decrease in California's year-by-year exports was explained primarily by an decrease in exports to Mexico ($-185M or -8.58%), Germany ($-184M or -31.2%), and United Kingdom ($-101M or -24.7%), and product exports decrease in Aircraft Parts ($-325M or -44.3%), Refined Petroleum ($-195M or -56.3%), and Other Nuts ($-97.8M or -15.6%). In January 2021, the increase in California's year-by-year imports was explained primarily by an increase in imports from China ($1.79B or 20.1%), Vietnam ($347M or 21.4%), and Mexico ($306M or 8.05%), and product imports increase in Computers ($1.32B or 78.1%), Microphones and Headphones ($331M or 230%), and Office Machine Parts ($221M or 30.9%).