Overview In August 2021 Los Angeles, CA exported $9.59B and imported $32.4B, resulting in a negative trade balance of $22.8B. Between August 2020 and August 2021 the exports of Los Angeles, CA have increased by $598M (6.65%) from $8.99B to $9.59B, while imports increased by $4.98B (18.2%) from $27.4B to $32.4B.
Trade In August 2021, the top exports of Los Angeles, CA were Integrated Circuits ($668M), Aircraft Parts ($530M), Machines and apparatus of a kind... ($299M), Medical Instruments ($259M), and Frozen Bovine Meat ($220M). In August 2021 the top imports of Los Angeles, CA were Computers ($1.98B), Cars ($1.42B), Crude Petroleum ($1.21B), Telephones ($972M), and Video Displays ($781M).
Destinations In August 2021, Los Angeles, CA exported mostly to China ($2B), Japan ($983M), South Korea ($800M), Taiwan ($641M), and Germany ($541M), and imported mostly from China ($13.7B), Vietnam ($3.25B), Japan ($2.58B), Taiwan ($1.81B), and South Korea ($1.75B).
Growth In August 2021, the increase in Los Angeles, CA's year-by-year exports was explained primarily by an increase in exports to Germany ($246M or 83.1%), Ireland ($148M or 326%), and Taiwan ($134M or 26.5%), and product exports increase in Integrated Circuits ($217M or 48.1%), Diamonds ($161M or 480%), and Aircraft Parts ($138M or 35.2%). In August 2021, the increase in Los Angeles, CA's year-by-year imports was explained primarily by an increase in imports from Japan ($1.03B or 66.5%), Vietnam ($820M or 33.8%), and South Korea ($596M or 51.6%), and product imports increase in Crude Petroleum ($574M or 89.6%), Cars ($471M or 49.7%), and Diamonds ($337M or 547%).