Idaho

Overview In January 2024 Idaho exported $323M and imported $549M, resulting in a negative trade balance of $226M. Between January 2023 and January 2024 the exports of Idaho have decreased by $-24.8M (-7.13%) from $348M to $323M, while imports increased by $13.1M (2.45%) from $536M to $549M.

Trade In January 2024, the top exports of Idaho were Semiconductor Devices ($37.3M), Other Precious Metal Products ($33M), Developed Exposed Photographic Material ($19.7M), Mixed Mineral or Chemical Fertilizers ($15.1M), and Other Frozen Vegetables ($13.5M). In January 2024 the top imports of Idaho were Office Machine Parts ($177M), Blank Audio Media ($74M), Integrated Circuits ($44.9M), Nitrogenous Fertilizers ($18.3M), and Commodities not elsewhere specified ($15.6M).

Destinations In January 2024, Idaho exported mostly to Canada ($121M), Taiwan ($42.2M), Mexico ($28.4M), Singapore ($20.9M), and Japan ($16.1M), and imported mostly from Malaysia ($224M), Canada ($107M), Taiwan ($33.9M), Singapore ($31.9M), and China ($29.1M).

Growth In January 2024, the decrease in Idaho's year-by-year exports was explained primarily by an decrease in exports to Taiwan ($-3.94M or -8.25%), Singapore ($-1.6M or -8.24%), and Bahrain ($-1.54M or -58.6%), and product exports decrease in Silver ($-12.9M or -89%), Developed Exposed Photographic Material ($-6.78M or -34%), and Oscilloscopes ($-6.7M or -42.8%). In January 2024, the increase in Idaho's year-by-year imports was explained primarily by an increase in imports from Malaysia ($88.4M or 117%), Thailand ($8.18M or 257%), and Italy ($6.31M or 247%), and product imports increase in Integrated Circuits ($72.4M or 323%), Semiconductor Devices ($13.8M or 250%), and Other Vegetable Residues ($4.81M or 138%).