Overview: In January 2021 Honolulu, HI exported $59.5M and imported $671M, resulting in a negative trade balance of $611M. Between January 2020 and January 2021 the exports of Honolulu, HI have decreased by $-166M (-73.6%) from $226M to $59.5M, while imports increased by $262M (64%) from $409M to $671M.
Trade: In January 2021, the top exports of Honolulu, HI 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 Honolulu, HI were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Honolulu, HI exported mostly to Australia ($40.7M), Japan ($3.4M), New Zealand ($3.29M), Hong Kong ($2.72M), and South Korea ($1.81M), and imported mostly from Singapore ($199M), Malaysia ($105M), Vietnam ($102M), Russia ($77.5M), and Taiwan ($39.2M).
Growth: In January 2021, the decrease in Honolulu, HI's year-by-year exports was explained primarily by an decrease in exports to Canada ($-604M or -22.6%), Netherlands ($-456M or -44.1%), and Mexico ($-453M or -5.04%), and product exports decrease in Crude Petroleum ($-1.53B or -27.3%), Refined Petroleum ($-882M or -53.2%), and Refined Petroleum ($-668M or -16.5%). In January 2021, the increase in Honolulu, HI'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%).