Baltimore, MD

Overview In December 2024 Baltimore, MD exported $1.46B and imported $5.1B, resulting in a negative trade balance of $3.64B. Between December 2023 and December 2024 the exports of Baltimore, MD have decreased by $-132M (-8.26%) from $1.59B to $1.46B, while imports decreased by $-504M (-8.99%) from $5.61B to $5.1B.

Trade In December 2024, the top exports of Baltimore, MD were Petroleum Gas ($256M), Coal Briquettes ($253M), Cars ($210M), Delivery Trucks ($148M), and Aircraft parts (gliders, balloons, and powered... ($85M). In December 2024 the top imports of Baltimore, MD were Cars ($2.38B), Delivery Trucks ($172M), Large Construction Vehicles ($130M), Fork-Lifts ($118M), and Tractors ($102M).

Destinations In December 2024, Baltimore, MD exported mostly to Australia ($176M), India ($102M), Turkey ($94.4M), United Kingdom ($74.4M), and Brazil ($73.3M), and imported mostly from Germany ($932M), Mexico ($618M), United Kingdom ($571M), Japan ($416M), and China ($269M).

Growth In December 2024, the decrease in Baltimore, MD's year-by-year exports was explained primarily by an decrease in exports to Japan ($-139M or -74.3%), China ($-82M or -58%), and India ($-47M or -31.5%), and product exports decrease in Tractors ($-87.1M or -54.4%), Coal Briquettes ($-75M or -22.8%), and Electrical Transformers ($-23.8M or -98%). In December 2024, the decrease in Baltimore, MD's year-by-year imports was explained primarily by an decrease in imports from Russia ($-184M or -95%), Japan ($-143M or -25.6%), and Italy ($-137M or -37%), and product imports decrease in Cars ($-260M or -9.85%), Radioactive Chemicals ($-191M or -100%), and Large Construction Vehicles ($-185M or -58.7%).