Overview: In January 2021 Pensacola, FL exported $814k and imported $2.9M, resulting in a negative trade balance of $2.08M. Between January 2020 and January 2021 the exports of Pensacola, FL have increased by $732k (886%) from $82.6k to $814k, while imports decreased by $-117k (-3.88%) from $3.01M to $2.9M.
Trade: In January 2021, the top exports of Pensacola, FL 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 Pensacola, FL were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Pensacola, FL exported mostly to Egypt ($580k), Brazil ($71.7k), United Arab Emirates ($62.5k), Costa Rica ($50.7k), and Nicaragua ($49.5k), and imported mostly from India ($1.88M), Vietnam ($390k), Bahamas ($354k), United Kingdom ($160k), and Mexico ($109k).
Growth: In January 2021, the increase in Pensacola, FL'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 ($742M or 188%). In January 2021, the decrease in Pensacola, FL's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-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%).