Los Angeles, CA

Overview In January 2024 Los Angeles, CA exported $2.81B and imported $23.8B, resulting in a negative trade balance of $21B. Between January 2023 and January 2024 the exports of Los Angeles, CA have increased by $384M (15.9%) from $2.42B to $2.81B, while imports increased by $1.98B (9.07%) from $21.8B to $23.8B.

Trade In January 2024, the top exports of Los Angeles, CA were Other Nuts ($126M), Raw Cotton ($123M), Frozen Bovine Meat ($121M), Motor vehicles; parts and accessories (8701... ($80.4M), and Cars ($73.3M). In January 2024 the top imports of Los Angeles, CA were Computers ($975M), Motor vehicles; parts and accessories (8701... ($733M), Electric Batteries ($726M), Cars ($629M), and Telephones ($591M).

Destinations In January 2024, Los Angeles, CA exported mostly to Japan ($491M), China ($484M), Australia ($372M), South Korea ($220M), and Taiwan ($132M), and imported mostly from China ($9B), Vietnam ($3.22B), Japan ($2.85B), South Korea ($1.48B), and Taiwan ($1.38B).

Growth In January 2024, the increase in Los Angeles, CA's year-by-year exports was explained primarily by an increase in exports to Japan ($63.6M or 14%), Thailand ($54M or 210%), and China ($50.1M or 8.56%), and product exports increase in Other Nuts ($49.1M or 132%), Soybeans ($35.1M or 54.2%), and Hydrogen ($30.1M or 277%). In January 2024, the increase in Los Angeles, CA's year-by-year imports was explained primarily by an increase in imports from Vietnam ($573M or 30.6%), South Korea ($393M or 43.2%), and Thailand ($220M or 29.1%), and product imports increase in Electric Batteries ($477M or 158%), Semiconductor Devices ($416M or 300%), and Computers ($369M or 40.7%).