Overview: In January 2021 El Paso, TX exported $1.08B and imported $642M, resulting in a positive trade balance of $440M. Between January 2020 and January 2021 the exports of El Paso, TX have decreased by $-1.62B (-59.9%) from $2.7B to $1.08B, while imports decreased by $-3.21B (-83.3%) from $3.85B to $642M.
Trade: In January 2021, the top exports of El Paso, 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 El Paso, TX were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, El Paso, TX exported mostly to Mexico ($1.08B), Hong Kong ($470k), China ($320k), United Kingdom ($217k), and Germany ($43.7k), and imported mostly from Mexico ($632M), China ($4.23M), South Korea ($1.47M), Japan ($1.39M), and Germany ($502k).
Growth: In January 2021, the decrease in El Paso, TX's year-by-year exports was explained primarily by an decrease in exports to Canada ($-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 ($-668M or -16.5%). In January 2021, the decrease in El Paso, TX's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-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%).