Overview: In May 2021 Burlington, VT exported $3.99M and imported $215M, resulting in a negative trade balance of $211M. Between May 2020 and May 2021 the exports of Burlington, VT have increased by $702k (21.4%) from $3.28M to $3.99M, while imports increased by $105M (96%) from $110M to $215M.
Trade: In May 2021, the top exports of Burlington, VT were Aircraft Parts ($3.23M), Beauty Products ($322k), Compasses ($194k), Plastic Building Materials ($52.3k), and Metal Insulating Fittings ($43.4k). In May 2021 the top imports of Burlington, VT were Planes, Helicopters, and/or Spacecraft ($215M), Excavation Machinery ($3.23k), Other Furniture ($1.18k), Other Plastic Products ($0), and Wood Kitchenware ($0).
Destinations: In May 2021, Burlington, VT exported mostly to Italy ($2.53M), Finland ($731k), Hong Kong ($126k), France ($122k), and United Kingdom ($76.3k), and imported mostly from Canada ($215M), Switzerland ($110k), Ethiopia ($0), South Africa ($0), and United Arab Emirates ($0).
Growth: In May 2021, the increase in Burlington, VT's year-by-year exports was explained primarily by an increase in exports to Italy ($2.52M or 48.4k%), Finland ($693k or 1.84k%), and Singapore ($30.9k or 143%), and product exports increase in Aircraft Parts ($901k or 38.7%), Compasses ($59.3k or 44.1%), and Tensile Testing Machines ($23.4k or 410%). In May 2021, the increase in Burlington, VT's year-by-year imports was explained primarily by an increase in imports from Canada ($105M or 95.9%), and product imports increase in Planes, Helicopters, and/or Spacecraft ($105M or 96%).