Overview: In January 2021 Dallas/Ft. Worth, TX exported $2.32B and imported $2.56B, resulting in a negative trade balance of $238M. Between January 2020 and January 2021 the exports of Dallas/Ft. Worth, TX have increased by $271M (13.3%) from $2.05B to $2.32B, while imports increased by $268M (11.7%) from $2.29B to $2.56B.
Trade: In January 2021, the top exports of Dallas/Ft. Worth, TX 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 Dallas/Ft. Worth, TX were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Dallas/Ft. Worth, TX exported mostly to South Korea ($583M), Taiwan ($438M), China ($220M), Germany ($122M), and Netherlands ($112M), and imported mostly from China ($588M), Vietnam ($526M), Ireland ($202M), South Korea ($159M), and United Kingdom ($132M).
Growth: In January 2021, the increase in Dallas/Ft. Worth, TX's year-by-year exports was explained primarily by an increase in exports to China ($1.43B or 358%), China ($1.11B or 170%), and China ($656M or 116%), and product exports increase in Soybeans ($1B or 90.9%), Petroleum Gas ($936M or 48.6%), and Platinum ($742M or 188%). In January 2021, the increase in Dallas/Ft. Worth, TX's year-by-year imports was explained primarily by an increase in imports from China ($1.85B or 59%), China ($1.79B or 20.1%), and Switzerland ($851M or 229%), and product imports increase in Computers ($1.32B or 78.1%), Other Precious Metal Products ($851M or 2.19k%), and Computers ($792M or 126%).