Mobile, AL

Overview In November 2024 Mobile, AL exported $975M and imported $2.68B, resulting in a negative trade balance of $1.71B. Between November 2023 and November 2024 the exports of Mobile, AL have decreased by $-45.6M (-4.47%) from $1.02B to $975M, while imports decreased by $-52.6M (-1.92%) from $2.74B to $2.68B.

Trade In November 2024, the top exports of Mobile, AL were Refined Petroleum ($322M), Sulfate Chemical Woodpulp ($67.1M), Soybeans ($58.1M), Polyamides ($47.6M), and Packaged Medicaments ($43.7M). In November 2024 the top imports of Mobile, AL were Crude Petroleum ($418M), Motor vehicles; parts and accessories (8701... ($243M), Aircraft parts for spacecraft, UAVs, and... ($168M), Packaged Medicaments ($134M), and Spark-Ignition Engines ($127M).

Destinations In November 2024, Mobile, AL exported mostly to Panama ($137M), Belgium ($90.5M), Guatemala ($77.2M), Honduras ($74.3M), and China ($71.5M), and imported mostly from Germany ($392M), South Korea ($309M), China ($289M), Brazil ($232M), and Mexico ($220M).

Growth In November 2024, the decrease in Mobile, AL's year-by-year exports was explained primarily by an decrease in exports to India ($-147M or -97.8%), Germany ($-16.7M or -32.5%), and Honduras ($-15.3M or -17.1%), and product exports decrease in Prepr binder for foundry ($-133M or -95.2%), Aircraft parts (gliders, balloons, and powered... ($-30.1M or -69.9%), and Polyamides ($-13.8M or -22.4%). In November 2024, the decrease in Mobile, AL's year-by-year imports was explained primarily by an decrease in imports from Mexico ($-148M or -40.3%), Venezuela ($-98.2M or -56.7%), and China ($-59.5M or -17.1%), and product imports decrease in Crude Petroleum ($-143M or -25.5%), Electric Batteries ($-72.6M or -50.3%), and Vaccines, blood, antisera, toxins and cultures ($-64.9M or -54.2%).