Overview: In January 2021 Houston-Galveston, TX exported $12.9B and imported $6.21B, resulting in a positive trade balance of $6.72B. Between January 2020 and January 2021 the exports of Houston-Galveston, TX have decreased by $-291M (-2.2%) from $13.2B to $12.9B, while imports decreased by $-521M (-7.74%) from $6.74B to $6.21B.
Trade: In January 2021, the top exports of Houston-Galveston, 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 Houston-Galveston, TX were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Houston-Galveston, TX exported mostly to China ($1.07B), Japan ($958M), Brazil ($882M), Mexico ($795M), and India ($741M), and imported mostly from China ($850M), Mexico ($635M), Germany ($544M), Russia ($382M), and Italy ($359M).
Growth: In January 2021, the decrease in Houston-Galveston, TX's year-by-year exports was explained primarily by an decrease in exports to Canada ($-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 ($-668M or -16.5%). In January 2021, the decrease in Houston-Galveston, TX's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-641M or -63.5%), Ireland ($-631M or -76.8%), and Mexico ($-502M or -5.79%), and product imports decrease in Crude Petroleum ($-995M or -52.5%), Nucleic Acids ($-936M or -83.4%), and Crude Petroleum ($-748M or -34.7%).