Overview: In December 2020 Rochester, NY exported $2.95k and imported $2.4M, resulting in a negative trade balance of $2.4M. Between December 2019 and December 2020 the exports of Rochester, NY have decreased by $-1.73M (-99.8%) from $1.73M to $2.95k, while imports increased by $1.18M (96.2%) from $1.22M to $2.4M.
Trade: In December 2020, the top exports of Rochester, NY 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 Rochester, NY were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In December 2020, Rochester, NY exported mostly to N/A, and imported mostly from Taiwan ($1.23M), China ($819k), Canada ($345k), Sweden ($4.11k), and Denmark ($378).
Growth: In December 2020, the decrease in Rochester, NY's year-by-year exports was explained primarily by an decrease in exports to Canada ($-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 Rochester, NY'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%).