Overview: In January 2021 St. Albans, VT exported $138M and imported $449M, resulting in a negative trade balance of $310M. Between January 2020 and January 2021 the exports of St. Albans, VT have decreased by $-38.4M (-21.7%) from $176M to $138M, while imports decreased by $-37.2M (-7.66%) from $486M to $449M.
Trade: In January 2021, the top exports of St. Albans, VT 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 St. Albans, VT were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, St. Albans, VT exported mostly to Canada ($125M), United Kingdom ($2.29M), Ireland ($2.02M), Netherlands ($1.89M), and Germany ($1.88M), and imported mostly from Canada ($403M), China ($6.2M), Germany ($4.92M), Italy ($3.4M), and Ethiopia ($3.2M).
Growth: In January 2021, the decrease in St. Albans, VT's year-by-year exports was explained primarily by an decrease in exports to Canada ($-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 ($-668M or -16.5%). In January 2021, the decrease in St. Albans, VT's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-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%).