Overview: In January 2021 Anchorage, AK exported $1.76B and imported $2.97B, resulting in a negative trade balance of $1.21B. Between January 2020 and January 2021 the exports of Anchorage, AK have increased by $296M (20.3%) from $1.46B to $1.76B, while imports increased by $482M (19.4%) from $2.49B to $2.97B.
Trade: In January 2021, the top exports of Anchorage, AK 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 Anchorage, AK were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Anchorage, AK exported mostly to Hong Kong ($423M), Japan ($310M), China ($283M), Singapore ($171M), and Taiwan ($131M), and imported mostly from China ($884M), Malaysia ($522M), South Korea ($377M), Taiwan ($373M), and Japan ($246M).
Growth: In January 2021, the increase in Anchorage, AK'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 Anchorage, AK'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%).