Overview In August 2021 Long Beach, CA exported $2.24B and imported $6.99B, resulting in a negative trade balance of $4.75B. Between August 2020 and August 2021 the exports of Long Beach, CA have decreased by $-48.5M (-2.12%) from $2.29B to $2.24B, while imports increased by $1.09B (18.4%) from $5.9B to $6.99B.
Trade In August 2021, the top exports of Long Beach, CA were Frozen Bovine Meat ($104M), Other Nuts ($101M), Cars ($94.6M), Vehicle Parts ($76.6M), and Raw Cotton ($67.9M). In August 2021 the top imports of Long Beach, CA were Crude Petroleum ($773M), Telephones ($209M), Vehicle Parts ($180M), Other Furniture ($169M), and Seats ($162M).
Destinations In August 2021, Long Beach, CA exported mostly to China ($631M), Australia ($298M), South Korea ($278M), Taiwan ($140M), and Vietnam ($113M), and imported mostly from China ($3.41B), Vietnam ($966M), Thailand ($376M), South Korea ($299M), and Taiwan ($285M).
Growth In August 2021, the decrease in Long Beach, CA's year-by-year exports was explained primarily by an decrease in exports to Australia ($-200M or -40.2%), New Zealand ($-43.9M or -58.3%), and Nicaragua ($-13.6M or -91.3%), and product exports decrease in Cars ($-28.8M or -23.4%), Optical Fibers ($-22M or -86%), and Spark-Ignition Engines ($-17.8M or -76.9%). In August 2021, the increase in Long Beach, CA's year-by-year imports was explained primarily by an increase in imports from Vietnam ($482M or 99.5%), South Korea ($125M or 72%), and Taiwan ($95.2M or 50.1%), and product imports increase in Crude Petroleum ($325M or 72.6%), Video and Card Games ($99.7M or 255%), and Electric Batteries ($86.1M or 201%).