Overview: In January 2021 Madawaska, ME exported $534k and imported $12.3M, resulting in a negative trade balance of $11.7M. Between January 2020 and January 2021 the exports of Madawaska, ME have decreased by $-110k (-17.1%) from $644k to $534k, while imports decreased by $-488k (-3.83%) from $12.8M to $12.3M.
Trade: In January 2021, the top exports of Madawaska, ME 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 Madawaska, ME were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Madawaska, ME exported mostly to Canada ($501k) and Poland ($32.5k), and imported mostly from Canada ($12.3M).
Growth: In January 2021, the decrease in Madawaska, ME's year-by-year exports was explained primarily by an decrease in exports to Canada ($-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 ($-668M or -16.5%). In January 2021, the decrease in Madawaska, ME's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-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%).