Charlotte, Nc

Overview: In January 2021 Charlotte, NC exported $15.2M and imported $27.6M, resulting in a negative trade balance of $12.4M. Between January 2020 and January 2021 the exports of Charlotte, NC have decreased by $-40.3M (-72.6%) from $55.6M to $15.2M, while imports decreased by $-58.1M (-67.8%) from $85.7M to $27.6M.

Trade: In January 2021, the top exports of Charlotte, NC 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 Charlotte, NC were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).

Destinations: In January 2021, Charlotte, NC exported mostly to United Kingdom ($5.5M), Austria ($1.2M), India ($947k), Hungary ($936k), and South Korea ($824k), and imported mostly from Canada ($9.69M), United Kingdom ($5.17M), Mexico ($3.57M), Germany ($2.08M), and Italy ($1.71M).

Growth: In January 2021, the decrease in Charlotte, NC'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 Charlotte, NC'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%).