Overview: In October 2020 United States' Homogenized or reconstituted tobacco exports accounted up to $5.01M and imports accounted up to $3.69M, resulting in a positive trade balance of $1.32M. Between October 2019 and October 2020 the exports of United States' Homogenized or reconstituted tobacco have decreased by $-2.62M (-34.3%) from $7.63M to $5.01M, while imports decreased by $-982k (-21%) from $4.68M to $3.69M.
Destinations: In October 2020 Homogenized or reconstituted tobacco exported mostly to Dominican Republic ($2.45M), Japan ($561k), Hungary ($428k), Germany ($272k), and Ukraine ($137k), and imported mostly from Dominican Republic ($2.63M), Indonesia ($516k), Mexico ($446k), Brazil ($101k), and Afghanistan ($0).
Growth: In October 2020, the decrease in Homogenized or reconstituted tobacco's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-1.9M or -100%), Germany ($-1.15M or -80.9%), and Japan ($-247k or -30.6%). In October 2020, the decrease in Homogenized or reconstituted tobacco's year-by-year imports was explained primarily by a decrease in imports from Brazil ($-50.4k or -33.3%) and Mexico ($-19.1k or -4.1%).