Buffalo-Niagara Falls, NY

Overview In January 2024 Buffalo-Niagara Falls, NY exported $3.71B and imported $3.69B, resulting in a positive trade balance of $24.4M. Between January 2023 and January 2024 the exports of Buffalo-Niagara Falls, NY have increased by $157M (4.42%) from $3.55B to $3.71B, while imports decreased by $-274M (-6.92%) from $3.96B to $3.69B.

Trade In January 2024, the top exports of Buffalo-Niagara Falls, NY were Precious Metal Scraps ($256M), Cars ($174M), Delivery Trucks ($134M), Packaged Medicaments ($78.5M), and Motor vehicles; parts and accessories (8701... ($77.9M). In January 2024 the top imports of Buffalo-Niagara Falls, NY were Cars ($704M), Petroleum Gas ($199M), Crude Petroleum ($133M), Commodities not elsewhere specified ($118M), and Baked Goods ($109M).

Destinations In January 2024, Buffalo-Niagara Falls, NY exported mostly to Canada ($3.38B), Germany ($65.8M), Belgium ($39.7M), United Kingdom ($37.1M), and Netherlands ($26.9M), and imported mostly from Canada ($3.4B), China ($80.8M), Germany ($36.2M), Italy ($18.1M), and Mexico ($13.1M).

Growth In January 2024, the increase in Buffalo-Niagara Falls, NY's year-by-year exports was explained primarily by an increase in exports to Canada ($506M or 18.9%), United Kingdom ($16.1M or 81.6%), and Ireland ($9.85M or 3.1k%), and product exports increase in Delivery Trucks ($66.6M or 74.2%), Petroleum Gas ($54.3M or 2.39k%), and Tractors ($21.6M or 64.5%). In January 2024, the decrease in Buffalo-Niagara Falls, NY's year-by-year imports was explained primarily by an decrease in imports from India ($-319M or -98.1%), Switzerland ($-63.4M or -81.3%), and Liechtenstein ($-4.9M or -60.2%), and product imports decrease in Packaged Medicaments ($-269M or -62.1%), Petroleum Gas ($-210M or -46.3%), and Gas Turbines ($-25.9M or -42.7%).