Overview: In January 2021 Greater Rockford Airport exported $46.4M and imported $66.4M, resulting in a negative trade balance of $20M. Between January 2020 and January 2021 the exports of Greater Rockford Airport have increased by $44.8M (2.87k%) from $1.56M to $46.4M, while imports increased by $61.7M (1.29k%) from $4.79M to $66.4M.
Trade: In January 2021, the top exports of Greater Rockford Airport 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 Greater Rockford Airport were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Greater Rockford Airport exported mostly to Germany ($32.3M), Czechia ($2.78M), France ($2.57M), Switzerland ($1.83M), and China ($1.62M), and imported mostly from Germany ($31.5M), China ($28.9M), Austria ($1.31M), Thailand ($966k), and Malaysia ($692k).
Growth: In January 2021, the increase in Greater Rockford Airport'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 Greater Rockford Airport'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%).