Overview In August 2021 Des Moines, IA exported $989k and imported $1.14M, resulting in a negative trade balance of $146k. Between August 2020 and August 2021 the exports of Des Moines, IA have increased by $10k (1.03%) from $979k to $989k, while imports decreased by $-1.84M (-61.8%) from $2.97M to $1.14M.
Trade In August 2021, the top exports of Des Moines, IA were Other Agricultural Machinery ($749k), Aircraft Parts ($99.8k), Packaged Medicaments ($40.8k), Laboratory Reagents ($36.3k), and Other Plastic Products ($30.6k). In August 2021 the top imports of Des Moines, IA were Vehicle Parts ($399k), Telephones ($193k), Liquid Pumps ($193k), Valves ($104k), and Iron Fasteners ($41.2k).
Destinations In August 2021, Des Moines, IA exported mostly to Australia ($335k), United Kingdom ($220k), Italy ($97.9k), Switzerland ($70.4k), and Argentina ($63.7k), and imported mostly from China ($465k), Taiwan ($271k), Mexico ($185k), Germany ($94.4k), and Canada ($49.8k).
Growth In August 2021, the increase in Des Moines, IA's year-by-year exports was explained primarily by an increase in exports to Australia ($234k or 231%), United Kingdom ($174k or 379%), and Italy ($85.5k or 689%), and product exports increase in Other Agricultural Machinery ($596k or 389%), Laboratory Reagents ($32.5k or 846%), and Packaged Medicaments ($6.26k or 18.1%). In August 2021, the decrease in Des Moines, IA's year-by-year imports was explained primarily by an decrease in imports from Italy ($-690k or -100%), Germany ($-624k or -86.9%), and Mexico ($-391k or -67.9%), and product imports decrease in Vehicle Parts ($-988k or -71.3%), Other Iron Products ($-439k or -100%), and Electrical Lighting and Signalling Equipment ($-403k or -100%).