Buffalo-Niagara Falls, NY

Overview In November 2024 Buffalo-Niagara Falls, NY exported $3.56B and imported $4.02B, resulting in a negative trade balance of $463M. Between November 2023 and November 2024 the exports of Buffalo-Niagara Falls, NY have decreased by $-390M (-9.87%) from $3.95B to $3.56B, while imports decreased by $-19.5M (-0.48%) from $4.04B to $4.02B.

Trade In November 2024, the top exports of Buffalo-Niagara Falls, NY were Precious Metal Scraps ($360M), Packaged Medicaments ($203M), Aircraft parts (gliders, balloons, and powered... ($189M), Computers ($91.1M), and Cars ($60.9M). In November 2024 the top imports of Buffalo-Niagara Falls, NY were Cars ($516M), Packaged Medicaments ($393M), Other Precious Metal Products ($192M), Commodities not elsewhere specified ($151M), and Baked Goods ($134M).

Destinations In November 2024, Buffalo-Niagara Falls, NY exported mostly to Canada ($3.2B), Hong Kong ($144M), Germany ($37.6M), Japan ($23.3M), and Belgium ($17M), and imported mostly from Canada ($3.41B), Switzerland ($290M), China ($70.4M), South Africa ($41.7M), and Germany ($33.2M).

Growth In November 2024, the decrease in Buffalo-Niagara Falls, NY's year-by-year exports was explained primarily by an decrease in exports to Canada ($-396M or -11%), Belgium ($-22.6M or -57.1%), and United Kingdom ($-22.2M or -70.1%), and product exports decrease in Delivery Trucks ($-271M or -84.7%), Cars ($-80M or -56.8%), and Motor vehicles; parts and accessories (8701... ($-61.5M or -65.6%). In November 2024, the decrease in Buffalo-Niagara Falls, NY's year-by-year imports was explained primarily by an decrease in imports from Canada ($-335M or -8.94%), China ($-19.8M or -21.9%), and Germany ($-10.5M or -24.1%), and product imports decrease in Cars ($-392M or -43.2%), Crude Petroleum ($-68M or -47.1%), and Aircraft Launch Gear ($-67.7M or -100%).