Overview: In January 2021 Honolulu, HI exported $8.38M and imported $157M, resulting in a negative trade balance of $149M. Between January 2020 and January 2021 the exports of Honolulu, HI have increased by $2.82M (50.6%) from $5.56M to $8.38M, while imports decreased by $-109M (-41%) from $266M to $157M.
Trade: In January 2021, the top exports of Honolulu, HI 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 Honolulu, HI were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Honolulu, HI exported mostly to Japan ($2.68M), South Korea ($1.61M), China ($984k), Malaysia ($745k), and Taiwan ($640k), and imported mostly from Russia ($77.5M), Japan ($34.2M), South Korea ($13.5M), China ($9.95M), and Canada ($4.46M).
Growth: In January 2021, the increase in Honolulu, HI'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 ($742M or 188%). In January 2021, the decrease in Honolulu, HI's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-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%).