Los Angeles, CA

Overview In January 2024 Los Angeles, CA exported $9.12B and imported $29.7B, resulting in a negative trade balance of $20.6B. Between January 2023 and January 2024 the exports of Los Angeles, CA have increased by $222M (2.49%) from $8.9B to $9.12B, while imports increased by $572M (1.96%) from $29.2B to $29.7B.

Trade In January 2024, the top exports of Los Angeles, CA were Aircraft Parts ($548M), Integrated Circuits ($445M), Medical Instruments ($304M), Machines and apparatus of a kind... ($261M), and Computers ($252M). In January 2024 the top imports of Los Angeles, CA were Cars ($2.24B), Computers ($1.74B), Telephones ($1.19B), Crude Petroleum ($1.17B), and Electric Batteries ($738M).

Destinations In January 2024, Los Angeles, CA exported mostly to China ($1.88B), Japan ($914M), South Korea ($801M), Australia ($628M), and Taiwan ($447M), and imported mostly from China ($10.4B), Vietnam ($3.26B), Japan ($2.5B), South Korea ($2.11B), and Taiwan ($1.49B).

Growth In January 2024, the increase in Los Angeles, CA's year-by-year exports was explained primarily by an increase in exports to Switzerland ($184M or 313%), Australia ($122M or 28.3%), and Mexico ($103M or 102%), and product exports increase in Gold ($185M or 8.47k%), Refined Petroleum ($105M or 1.01k%), and Aircraft Parts ($96M or 26.9%). In January 2024, the increase in Los Angeles, CA's year-by-year imports was explained primarily by an increase in imports from South Korea ($478M or 31.2%), Germany ($273M or 62.9%), and Ecuador ($222M or 129%), and product imports increase in Electric Batteries ($672M or 193%), Semiconductor Devices ($514M or 222%), and Telephones ($403M or 30.9%).