Overview: In January 2021 Nashville, TN exported $13.3M and imported $108M, resulting in a negative trade balance of $94.9M. Between January 2020 and January 2021 the exports of Nashville, TN have decreased by $-1.8M (-11.9%) from $15.1M to $13.3M, while imports increased by $35M (47.8%) from $73.2M to $108M.
Trade: In January 2021, the top exports of Nashville, 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 Nashville, TN were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Nashville, TN exported mostly to Mexico ($11M), Australia ($761k), Ireland ($499k), Hong Kong ($180k), and Israel ($150k), and imported mostly from China ($75M), Japan ($18.2M), Mexico ($8.23M), Malaysia ($3.79M), and Taiwan ($1.37M).
Growth: In January 2021, the decrease in Nashville, TN's year-by-year exports was explained primarily by an decrease in exports to Canada ($-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 increase in Nashville, TN's year-by-year imports was explained primarily by an increase in imports from China ($1.85B or 59%), China ($1.79B or 20.1%), and Switzerland ($851M or 229%), and product imports increase in Computers ($1.32B or 78.1%), Other Precious Metal Products ($851M or 2.19k%), and Computers ($792M or 126%).