Chicago, IL

Overview In August 2024 Chicago, IL exported $6.48B and imported $21.8B, resulting in a negative trade balance of $15.3B. Between August 2023 and August 2024 the exports of Chicago, IL have decreased by $-45.3M (-0.69%) from $6.52B to $6.48B, while imports increased by $2.88B (15.2%) from $18.9B to $21.8B.

Trade In August 2024, the top exports of Chicago, IL were Packaged Medicaments ($762M), Vaccines, blood, antisera, toxins and cultures ($709M), Aircraft Parts ($515M), Medical Instruments ($469M), and Computers ($335M). In August 2024 the top imports of Chicago, IL were Vaccines, blood, antisera, toxins and cultures ($3.49B), Telephones ($2.85B), Computers ($2.59B), Packaged Medicaments ($2.1B), and Hormones ($1.97B).

Destinations In August 2024, Chicago, IL exported mostly to China ($1.17B), Japan ($650M), Germany ($533M), Netherlands ($497M), and Chinese Taipei ($381M), and imported mostly from China ($4.2B), Ireland ($4.17B), Chinese Taipei ($1.71B), Canada ($1.68B), and Vietnam ($1.12B).

Growth In August 2024, the decrease in Chicago, IL's year-by-year exports was explained primarily by an decrease in exports to China ($-295M or -20.2%), Germany ($-238M or -30.8%), and United Kingdom ($-66.7M or -21.2%), and product exports decrease in Hormones ($-285M or -46.3%), Packaged Medicaments ($-51.1M or -6.28%), and Motor vehicles; parts and accessories (8701... ($-32.3M or -39.3%). In August 2024, the increase in Chicago, IL's year-by-year imports was explained primarily by an increase in imports from Ireland ($1.65B or 65.6%), Chinese Taipei ($908M or 113%), and Belgium ($814M or 356%), and product imports increase in Hormones ($1.66B or 536%), Computers ($789M or 43.8%), and Telephones ($740M or 35.1%).