Overview: In January 2021 Owensboro, KY exported $157k and imported $3.32M, resulting in a negative trade balance of $3.17M. Between January 2020 and January 2021 the exports of Owensboro, KY have increased by $27.7k (21.4%) from $130k to $157k, while imports decreased by $-4.74M (-58.8%) from $8.07M to $3.32M.
Trade: In January 2021, the top exports of Owensboro, KY 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 Owensboro, KY were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Owensboro, KY exported mostly to Australia ($100k), United Kingdom ($23.5k), India ($15.1k), Canada ($11.2k), and Vietnam ($7.52k), and imported mostly from China ($1.85M), Taiwan ($582k), Vietnam ($248k), Canada ($214k), and Cambodia ($212k).
Growth: In January 2021, the increase in Owensboro, KY's year-by-year exports was explained primarily by an increase in exports to China ($1.43B or 358%), China ($1.11B or 170%), and China ($656M or 116%), and product exports increase in Soybeans ($1B or 90.9%), Petroleum Gas ($936M or 48.6%), and Platinum ($742M or 188%). In January 2021, the decrease in Owensboro, KY's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-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%).