Overview: In January 2021 Richmond,Ca exported $114M and imported $385M, resulting in a negative trade balance of $271M. Between January 2020 and January 2021 the exports of Richmond,Ca have decreased by $-26.4M (-18.8%) from $140M to $114M, while imports decreased by $-179M (-31.7%) from $564M to $385M.
Trade: In January 2021, the top exports of Richmond,Ca 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 Richmond,Ca were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Richmond,Ca exported mostly to Chile ($21.4M), Ecuador ($17.5M), Guatemala ($15.9M), El Salvador ($15.8M), and Belgium ($11.5M), and imported mostly from Saudi Arabia ($104M), Ghana ($89.1M), Iraq ($79.8M), Japan ($66M), and Singapore ($14.4M).
Growth: In January 2021, the decrease in Richmond,Ca's year-by-year exports was explained primarily by an decrease in exports to Canada ($-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 ($-668M or -16.5%). In January 2021, the decrease in Richmond,Ca's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-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%).