Overview: In December 2020 Peoria, IL exported $22.7k and imported $985M, resulting in a negative trade balance of $985M. Between December 2019 and December 2020 the exports of Peoria, IL have increased by $22.7k (N/A%) from $0 to $22.7k, while imports decreased by $-105M (-9.64%) from $1.09B to $985M.
Trade: In December 2020, the top exports of Peoria, IL were Crude Petroleum ($4.06B), Refined Petroleum ($3.39B), Petroleum Gas ($2.86B), Commodities not elsewhere specified ($2.51B), and Soybeans ($2.1B). In December 2020 the top imports of Peoria, IL were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In December 2020, Peoria, IL exported mostly to N/A, and imported mostly from Canada ($984M), Mexico ($425k), Dominican Republic ($392k), China ($191k), and Switzerland ($164k).
Growth: In December 2020, the increase in Peoria, IL'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 ($742M or 188%). In January 2021, the decrease in Peoria, IL's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-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%).