Washington

Overview In January 2024 Washington exported $4.75B and imported $5.86B, resulting in a negative trade balance of $1.11B. Between January 2023 and January 2024 the exports of Washington have decreased by $-905M (-16%) from $5.66B to $4.75B, while imports decreased by $-70.9M (-1.19%) from $5.93B to $5.86B.

Trade In January 2024, the top exports of Washington were N/A. In January 2024 the top imports of Washington were N/A.

Destinations In January 2024, Washington exported mostly to China ($1.01B), Canada ($793M), Japan ($356M), Mexico ($262M), and Ireland ($223M), and imported mostly from Canada ($1.88B), China ($1.01B), South Korea ($670M), Japan ($509M), and France ($243M).

Growth In January 2024, the decrease in Washington's year-by-year exports was explained primarily by an decrease in exports to Turkey ($-225M or -95.2%), Japan ($-191M or -41.7%), and Brazil ($-137M or -74.4%), and product exports decrease in Aircraft Parts ($-293M or -19.4%), Corn ($-58.2M or -23.1%), and Diamonds ($-29.9M or -93.2%). In January 2024, the decrease in Washington's year-by-year imports was explained primarily by an decrease in imports from China ($-309M or -20.7%), Russia ($-167M or -99.8%), and Japan ($-113M or -22.5%), and product imports decrease in N/A.