Overview: In January 2021 Pascagoula, MS exported $184M and imported $221M, resulting in a negative trade balance of $36.2M. Between January 2020 and January 2021 the exports of Pascagoula, MS have decreased by $-59M (-24.2%) from $243M to $184M, while imports increased by $63.1M (40.1%) from $157M to $221M.
Trade: In January 2021, the top exports of Pascagoula, MS 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 Pascagoula, MS were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Pascagoula, MS exported mostly to Panama ($50.5M), Guatemala ($29.3M), Honduras ($26.5M), Brazil ($25.7M), and Gibraltar ($18.4M), and imported mostly from Russia ($66.1M), Trinidad and Tobago ($54.4M), Colombia ($51.3M), Egypt ($24.6M), and Brazil ($24M).
Growth: In January 2021, the decrease in Pascagoula, MS's year-by-year exports was explained primarily by an decrease in exports to Canada ($-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 Pascagoula, MS'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%).