Overview: In January 2021 Mobile, AL exported $711M and imported $2.04B, resulting in a negative trade balance of $1.33B. Between January 2020 and January 2021 the exports of Mobile, AL have decreased by $-27.3M (-3.7%) from $738M to $711M, while imports decreased by $-86.3M (-4.05%) from $2.13B to $2.04B.
Trade: In January 2021, the top exports of Mobile, AL 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 Mobile, AL were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Mobile, AL exported mostly to China ($103M), Mexico ($57.7M), Honduras ($56.5M), Panama ($52.1M), and Guatemala ($45.8M), and imported mostly from China ($298M), Germany ($286M), South Korea ($239M), Mexico ($231M), and Italy ($137M).
Growth: In January 2021, the decrease in Mobile, AL's year-by-year exports was explained primarily by an decrease in exports to Canada ($-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 ($-668M or -16.5%). In January 2021, the decrease in Mobile, AL's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-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%).