Grand Rapids, Mi

Overview: In January 2021 Grand Rapids, MI exported $25.7k and imported $3.13M, resulting in a negative trade balance of $3.1M. Between January 2020 and January 2021 the exports of Grand Rapids, MI have decreased by $-6.29k (-19.7%) from $32k to $25.7k, while imports decreased by $-4.82M (-60.6%) from $7.96M to $3.13M.

Trade: In January 2021, the top exports of Grand Rapids, MI 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 Grand Rapids, MI were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).

Destinations: In January 2021, Grand Rapids, MI exported mostly to Canada ($25.7k), and imported mostly from Canada ($2.99M), China ($99.8k), Brazil ($26.5k), Germany ($9.1k), and Cambodia ($1.41k).

Growth: In January 2021, the decrease in Grand Rapids, MI'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 Grand Rapids, MI'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%).