Los Angeles, CA

Overview In August 2024 Los Angeles, CA exported $11.5B and imported $34B, resulting in a negative trade balance of $22.5B. Between August 2023 and August 2024 the exports of Los Angeles, CA have increased by $1.51B (15.1%) from $9.98B to $11.5B, while imports increased by $3.68B (12.1%) from $30.3B to $34B.

Trade In August 2024, the top exports of Los Angeles, CA were Integrated Circuits ($930M), Aircraft Parts ($597M), Computers ($453M), Medical Instruments ($322M), and Telephones ($264M). In August 2024 the top imports of Los Angeles, CA were Computers ($2.27B), Cars ($2.18B), Crude Petroleum ($1.77B), Telephones ($1.32B), and Electric Batteries ($785M).

Destinations In August 2024, Los Angeles, CA exported mostly to China ($2.16B), Japan ($1.34B), Australia ($892M), South Korea ($840M), and Malaysia ($659M), and imported mostly from China ($12.2B), Vietnam ($4.12B), South Korea ($2.3B), Japan ($2.16B), and Chinese Taipei ($1.79B).

Growth In August 2024, the increase in Los Angeles, CA's year-by-year exports was explained primarily by an increase in exports to Malaysia ($404M or 158%), Japan ($281M or 26.6%), and Norway ($259M or 2.11k%), and product exports increase in Integrated Circuits ($320M or 52.3%), Computers ($261M or 135%), and Planes, Helicopters, and/or Spacecraft ($238M or 294k%). In August 2024, the increase in Los Angeles, CA's year-by-year imports was explained primarily by an increase in imports from Vietnam ($1.12B or 37.2%), China ($975M or 8.71%), and South Korea ($589M or 34.5%), and product imports increase in Computers ($558M or 32.6%), Electric Batteries ($394M or 101%), and Telephones ($367M or 38.3%).