Overview: In January 2021 Fairbanks, AK exported $31.1k and imported $0, resulting in a positive trade balance of $31.1k. Between January 2020 and January 2021 the exports of Fairbanks, AK have increased by $14.5k (87.8%) from $16.6k to $31.1k, while imports remained the same by $0 (N/A%) from $0 to $0.
Trade: In January 2021, the top exports of Fairbanks, AK 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 Fairbanks, AK were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Fairbanks, AK exported mostly to Singapore ($31.1k), and imported mostly from .
Growth: In January 2021, the increase in Fairbanks, AK'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 ($742M or 188%). In December 2020, the change in Fairbanks, AK's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-641M or -63.5%), Ireland ($-631M or -76.8%), and Mexico ($-502M or -5.79%), and product imports change in Crude Petroleum ($-995M or -52.5%), Nucleic Acids ($-936M or -83.4%), and Crude Petroleum ($-748M or -34.7%).