Overview: In January 2021 Houlton, ME exported $67.9M and imported $212M, resulting in a negative trade balance of $144M. Between January 2020 and January 2021 the exports of Houlton, ME have increased by $2.1M (3.19%) from $65.8M to $67.9M, while imports decreased by $-14.2M (-6.27%) from $226M to $212M.
Trade: In January 2021, the top exports of Houlton, ME 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 Houlton, ME were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Houlton, ME exported mostly to Canada ($67.7M), South Korea ($149k), and China ($106k), and imported mostly from Canada ($174M), Israel ($31.5M), Indonesia ($1.31M), Vietnam ($1.2M), and Finland ($825k).
Growth: In January 2021, the increase in Houlton, ME'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 ($742M or 188%). In January 2021, the decrease in Houlton, ME's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-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%).