Ohio

Overview In January 2024 Ohio exported $4.51B and imported $6.62B, resulting in a negative trade balance of $2.11B. Between January 2023 and January 2024 the exports of Ohio have increased by $99.9M (2.26%) from $4.41B to $4.51B, while imports increased by $491M (8.01%) from $6.13B to $6.62B.

Trade In January 2024, the top exports of Ohio were Aircraft Parts ($401M), Motor vehicles; parts and accessories (8701... ($288M), Cars ($203M), Spark-Ignition Engines ($128M), and Commodities not elsewhere specified ($118M). In January 2024 the top imports of Ohio were Motor vehicles; parts and accessories (8701... ($407M), Crude Petroleum ($296M), Packaged Medicaments ($294M), Vaccines, blood, antisera, toxins and cultures ($286M), and Commodities not elsewhere specified ($216M).

Destinations In January 2024, Ohio exported mostly to Canada ($1.72B), Mexico ($718M), China ($203M), Brazil ($138M), and United Kingdom ($125M), and imported mostly from Canada ($1.41B), Mexico ($872M), China ($811M), Germany ($562M), and Japan ($312M).

Growth In January 2024, the increase in Ohio's year-by-year exports was explained primarily by an increase in exports to Canada ($403M or 30.6%), Japan ($137M or 87.3%), and Mexico ($109M or 21.5%), and product exports increase in Cars ($128M or 77.8%), Aircraft Parts ($111M or 41.9%), and Motor vehicles; parts and accessories (8701... ($62.5M or 31.4%). In January 2024, the increase in Ohio's year-by-year imports was explained primarily by an increase in imports from Ireland ($157M or 274%), Mexico ($107M or 13%), and Germany ($104M or 32.9%), and product imports increase in Vaccines, blood, antisera, toxins and cultures ($69.8M or 84.3%), Packaged Medicaments ($35.8M or 15.3%), and Air Conditioners ($22.2M or 88.1%).