New York, NY

Overview In January 2024 New York, NY exported $2.26B and imported $647M, resulting in a positive trade balance of $1.61B. Between January 2023 and January 2024 the exports of New York, NY have decreased by $-348M (-13.4%) from $2.6B to $2.26B, while imports decreased by $-790M (-55%) from $1.44B to $647M.

Trade In January 2024, the top exports of New York, NY were Cars ($126M), Beauty Products ($61.1M), Scrap Copper ($52.4M), Hydrogen ($48.2M), and Scrap Iron ($39.6M). In January 2024 the top imports of New York, NY were Refined Petroleum ($32.5M), Rubber Tires ($29.4M), Seats ($21.7M), Other Furniture ($18.2M), and Crustaceans ($14.7M).

Destinations In January 2024, New York, NY exported mostly to China ($295M), India ($113M), Germany ($110M), Netherlands ($93.6M), and Israel ($88.9M), and imported mostly from China ($116M), Vietnam ($42.7M), Germany ($41.6M), Canada ($34.9M), and India ($30.1M).

Growth In January 2024, the decrease in New York, NY's year-by-year exports was explained primarily by an decrease in exports to Ukraine ($-26.1M or -89.1%), Hong Kong ($-17.5M or -38%), and Taiwan ($-17.4M or -39.9%), and product exports decrease in Refined Petroleum ($-26.7M or -76.7%), Navigation Equipment ($-26.5M or -99.6%), and Scrap Copper ($-14.5M or -29.8%). In January 2024, the decrease in New York, NY's year-by-year imports was explained primarily by an decrease in imports from China ($-122M or -39.4%), Bangladesh ($-78.4M or -73.4%), and Italy ($-26.8M or -33.6%), and product imports decrease in Wine ($-27.1M or -61.3%), Sports Equipment ($-13.7M or -77.5%), and Non-Knit Women's Suits ($-11.1M or -34.9%).