Hawaii

Overview In January 2024 Hawaii exported $17.2M and imported $176M, resulting in a negative trade balance of $159M. Between January 2023 and January 2024 the exports of Hawaii have decreased by $-80.3M (-82.4%) from $97.4M to $17.2M, while imports decreased by $-16.2M (-8.45%) from $192M to $176M.

Trade In January 2024, the top exports of Hawaii were Scrap Aluminium ($1.82M), Scrap Iron ($1.3M), Optical Fibers and optical fibre bundles ($1.2M), Other Nuts ($1.03M), and Water ($1.01M). In January 2024 the top imports of Hawaii were Refined Petroleum ($45.4M), Cars ($21.2M), Petroleum Gas ($14.8M), Asphalt Mixtures ($7.71M), and Commodities not elsewhere specified ($5.29M).

Destinations In January 2024, Hawaii exported mostly to Japan ($2.74M), South Korea ($1.9M), Hong Kong ($1.65M), China ($1.39M), and French Polynesia ($1.16M), and imported mostly from South Korea ($50.3M), Japan ($27.4M), Canada ($21M), China ($18.1M), and Spain ($8.02M).

Growth In January 2024, the decrease in Hawaii's year-by-year exports was explained primarily by an decrease in exports to Singapore ($-48M or -99.9%), French Polynesia ($-6.28M or -99.6%), and Japan ($-2.03M or -33.7%), and product exports decrease in Crustaceans ($-949k or -39.7%), Baked Goods ($-802k or -66.3%), and Scrap Copper ($-781k or -64%). In January 2024, the decrease in Hawaii's year-by-year imports was explained primarily by an decrease in imports from China ($-11.9M or -41.1%), Canada ($-8.37M or -54.4%), and South Korea ($-7.57M or -15.8%), and product imports decrease in Electric Batteries ($-17.4M or -99.7%), Centrifuges ($-6.62M or -98.8%), and Wood Carpentry ($-2.05M or -63.4%).