Seattle, WA

Overview In January 2024 Seattle, WA exported $4.8B and imported $6.83B, resulting in a negative trade balance of $2.03B. Between January 2023 and January 2024 the exports of Seattle, WA have decreased by $-590M (-11%) from $5.39B to $4.8B, while imports increased by $122M (1.82%) from $6.7B to $6.83B.

Trade In January 2024, the top exports of Seattle, WA were Aircraft Parts ($1.01B), Integrated Circuits ($367M), Refined Petroleum ($323M), Soybeans ($168M), and Corn ($114M). In January 2024 the top imports of Seattle, WA were Cars ($937M), Crude Petroleum ($812M), Petroleum Gas ($379M), Aircraft parts including unmanned craft ($215M), and Commodities not elsewhere specified ($161M).

Destinations In January 2024, Seattle, WA exported mostly to Canada ($1.43B), China ($469M), Japan ($301M), Malaysia ($274M), and Ireland ($238M), and imported mostly from Canada ($2.25B), China ($997M), South Korea ($849M), Japan ($754M), and Vietnam ($329M).

Growth In January 2024, the decrease in Seattle, WA's year-by-year exports was explained primarily by an decrease in exports to Turkey ($-223M or -95.4%), Brazil ($-166M or -96%), and Malaysia ($-80.4M or -54.9%), and product exports decrease in Aircraft Parts ($-104M or -7.53%), Cars ($-22.7M or -34.8%), and Sorghum ($-22.4M or -99.9%). In January 2024, the increase in Seattle, WA's year-by-year imports was explained primarily by an increase in imports from South Korea ($206M or 38.9%), Canada ($109M or 4.97%), and Brazil ($62.9M or 117%), and product imports increase in Crude Petroleum ($309M or 55.5%), Cars ($139M or 28.9%), and Electricity ($71.3M or 100%).