Overview: In January 2021 Knoxville, TN exported $671k and imported $49.3k, resulting in a positive trade balance of $621k. Between January 2020 and January 2021 the exports of Knoxville, TN have increased by $54.1k (8.78%) from $617k to $671k, while imports decreased by $-6.96k (-12.4%) from $56.2k to $49.3k.
Trade: In January 2021, the top exports of Knoxville, TN 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 Knoxville, TN were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Knoxville, TN exported mostly to Belgium ($167k), China ($155k), Australia ($90.7k), South Korea ($88.9k), and Romania ($29.8k), and imported mostly from Canada ($24.1k), Germany ($10.7k), Italy ($8.75k), Romania ($3.63k), and Japan ($2.04k).
Growth: In January 2021, the increase in Knoxville, TN'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 ($742M or 188%). In January 2021, the decrease in Knoxville, TN's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-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%).