Overview: In May 2021 New Haven,Ct exported $29.7M and imported $187M, resulting in a negative trade balance of $157M. Between May 2020 and May 2021 the exports of New Haven,Ct have increased by $22.8M (330%) from $6.91M to $29.7M, while imports increased by $153M (444%) from $34.4M to $187M.
Trade: In May 2021, the top exports of New Haven,Ct were Scrap Iron ($21.3M), Biodiesel and mixtures thereof ($8.4M), Computers ($7.02k), Hair Products ($0), and Rubber Belting ($0). In May 2021 the top imports of New Haven,Ct were Refined Petroleum ($174M), Sawn Wood ($5.38M), Salt ($3.58M), Cold-Rolled Iron ($2.56M), and Other Small Iron Pipes ($896k).
Destinations: In May 2021, New Haven,Ct exported mostly to Turkey ($14.8M), Netherlands ($8.4M), Egypt ($6.46M), Canada ($7.02k), and Jordan ($0), and imported mostly from Netherlands ($68.3M), Norway ($31.2M), Belgium ($27.5M), Canada ($22.2M), and United Kingdom ($9.7M).
Growth: In May 2021, the increase in New Haven,Ct's year-by-year exports was explained primarily by an increase in exports to Netherlands ($8.35M or 15.9k%) and Turkey ($7.97M or 116%), and product exports increase in Scrap Iron ($14.4M or 210%). In May 2021, the increase in New Haven,Ct's year-by-year imports was explained primarily by an increase in imports from Canada ($8.75M or 65.2%), Russia ($6M or 23.4k%), and United Kingdom ($2.67M or 37.9%), and product imports increase in Refined Petroleum ($152M or 688%), Sawn Wood ($2.14M or 65.7%), and Cold-Rolled Iron ($591k or 30.1%).