Overview: In January 2021 Lake Charles, LA exported $621M and imported $36.2M, resulting in a positive trade balance of $585M. Between January 2020 and January 2021 the exports of Lake Charles, LA have increased by $14.1M (2.32%) from $607M to $621M, while imports decreased by $-103M (-74%) from $139M to $36.2M.
Trade: In January 2021, the top exports of Lake Charles, LA 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 Lake Charles, LA were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Lake Charles, LA exported mostly to South Korea ($98.6M), Japan ($66.4M), Mexico ($61.1M), China ($53.2M), and Brazil ($39.4M), and imported mostly from Mexico ($19.8M), Italy ($8.43M), Germany ($5.5M), India ($1.01M), and Spain ($850k).
Growth: In January 2021, the increase in Lake Charles, LA'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 ($742M or 188%). In January 2021, the decrease in Lake Charles, LA's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-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%).