Overview: In January 2021 Dallas-Fort Worth, TX exported $2.37B and imported $4.21B, resulting in a negative trade balance of $1.84B. Between January 2020 and January 2021 the exports of Dallas-Fort Worth, TX have increased by $254M (12%) from $2.12B to $2.37B, while imports increased by $297M (7.57%) from $3.92B to $4.21B.
Trade: In January 2021, the top exports of Dallas-Fort Worth, TX were Crude Petroleum ($4.06B), Refined Petroleum ($3.39B), Petroleum Gas ($2.86B), Commodities not elsewhere specified ($2.51B), and Soybeans ($2.1B). In January 2021 the top imports of Dallas-Fort Worth, TX were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Dallas-Fort Worth, TX exported mostly to South Korea ($584M), Taiwan ($441M), China ($226M), Germany ($123M), and Netherlands ($112M), and imported mostly from China ($1.25B), Vietnam ($638M), Canada ($425M), Ireland ($203M), and South Korea ($194M).
Growth: In January 2021, the increase in Dallas-Fort Worth, TX's year-by-year exports was explained primarily by an increase in exports to China ($1.43B or 358%), China ($1.11B or 170%), and China ($656M or 116%), and product exports increase in Soybeans ($1B or 90.9%), Petroleum Gas ($936M or 48.6%), and Platinum ($742M or 188%). In January 2021, the increase in Dallas-Fort Worth, TX's year-by-year imports was explained primarily by an increase in imports from China ($1.85B or 59%), China ($1.79B or 20.1%), and Switzerland ($851M or 229%), and product imports increase in Computers ($1.32B or 78.1%), Other Precious Metal Products ($851M or 2.19k%), and Computers ($792M or 126%).