Overview: In January 2021 Beaumont, TX exported $1.18B and imported $60.1M, resulting in a positive trade balance of $1.12B. Between January 2020 and January 2021 the exports of Beaumont, TX have decreased by $-314M (-21%) from $1.49B to $1.18B, while imports decreased by $-66.8M (-52.7%) from $127M to $60.1M.
Trade: In January 2021, the top exports of Beaumont, TX 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 Beaumont, TX were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Beaumont, TX exported mostly to South Korea ($175M), Mexico ($164M), India ($128M), Japan ($108M), and Indonesia ($95.3M), and imported mostly from Mexico ($51.7M), Trinidad and Tobago ($8.32M), South Korea ($5k), United Kingdom ($5k), and Marshall Islands ($4.27k).
Growth: In January 2021, the decrease in Beaumont, TX's year-by-year exports was explained primarily by an decrease in exports to Canada ($-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 ($-668M or -16.5%). In January 2021, the decrease in Beaumont, TX's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-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%).