Overview: In January 2021 Huntsville, AL exported $93.8M and imported $465M, resulting in a negative trade balance of $371M. Between January 2020 and January 2021 the exports of Huntsville, AL have decreased by $-16.3M (-14.8%) from $110M to $93.8M, while imports increased by $113M (32%) from $352M to $465M.
Trade: In January 2021, the top exports of Huntsville, AL 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 Huntsville, AL were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Huntsville, AL exported mostly to Lebanon ($19.9M), Germany ($19.5M), Belgium ($14.5M), France ($10.5M), and Switzerland ($5.14M), and imported mostly from Germany ($228M), Italy ($130M), South Africa ($41.5M), China ($17.5M), and Switzerland ($14.7M).
Growth: In January 2021, the decrease in Huntsville, AL's year-by-year exports was explained primarily by an decrease in exports to Canada ($-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 increase in Huntsville, AL'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%).