Richmond-Petersburg, VA

Overview In January 2024 Richmond-Petersburg, VA exported $5.07M and imported $2.21M, resulting in a positive trade balance of $2.86M. Between January 2023 and January 2024 the exports of Richmond-Petersburg, VA have decreased by $-5.2M (-50.7%) from $10.3M to $5.07M, while imports decreased by $-4.14k (-0.19%) from $2.21M to $2.21M.

Trade In January 2024, the top exports of Richmond-Petersburg, VA were Nitrogenous Fertilizers ($3.32M), Industrial Furnaces ($868k), Rolled Tobacco ($555k), Other Processed Vegetables ($177k), and Computers ($33.4k). In January 2024 the top imports of Richmond-Petersburg, VA were Large Construction Vehicles ($1.38M), Transmissions ($206k), Non-woven Textiles ($134k), Industrial Printers ($83.5k), and Aluminium Plating ($74.8k).

Destinations In January 2024, Richmond-Petersburg, VA exported mostly to Dominican Republic ($2.58M), Colombia ($1.61M), Morocco ($555k), United Arab Emirates ($177k), and Australia ($82k), and imported mostly from Japan ($1.38M), Spain ($192k), Israel ($140k), France ($134k), and China ($87.3k).

Growth In January 2024, the decrease in Richmond-Petersburg, VA's year-by-year exports was explained primarily by an decrease in exports to Cameroon ($-601k or -30.1%) and Japan ($-44.2k or -74.6%), and product exports decrease in Oscilloscopes ($-95k or -86.4%). In January 2024, the decrease in Richmond-Petersburg, VA's year-by-year imports was explained primarily by an decrease in imports from Vietnam ($-1.1M or -97.9%), Canada ($-260k or -84%), and Israel ($-87.3k or -77.5%), and product imports decrease in Industrial Printers ($-742k or -60.5%), Commodities not elsewhere specified ($-302k or -98.3%), and Recreational Boats ($-186k or -24.1%).