Overview: In January 2021 San Diego, CA exported $2.26B and imported $3.68B, resulting in a negative trade balance of $1.42B. Between January 2020 and January 2021 the exports of San Diego, CA have increased by $223M (10.9%) from $2.04B to $2.26B, while imports increased by $68.1M (1.88%) from $3.62B to $3.68B.
Trade: In January 2021, the top exports of San Diego, CA 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 San Diego, CA were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, San Diego, CA exported mostly to Mexico ($1.89B), Japan ($346M), Taiwan ($4.06M), China ($3.32M), and Ecuador ($2.38M), and imported mostly from Mexico ($3.2B), Germany ($108M), South Korea ($78.9M), China ($76.1M), and Slovakia ($35.4M).
Growth: In January 2021, the increase in San Diego, CA's year-by-year exports was explained primarily by an increase in exports to China ($1.43B or 358%), China ($1.11B or 170%), and China ($656M or 116%), and product exports increase in Soybeans ($1B or 90.9%), Petroleum Gas ($936M or 48.6%), and Platinum ($742M or 188%). In January 2021, the increase in San Diego, CA's year-by-year imports was explained primarily by an increase in imports from China ($1.85B or 59%), China ($1.79B or 20.1%), and Switzerland ($851M or 229%), and product imports increase in Computers ($1.32B or 78.1%), Other Precious Metal Products ($851M or 2.19k%), and Computers ($792M or 126%).