Salt Lake City, UT

Overview In January 2024 Salt Lake City, UT exported $737M and imported $97.5M, resulting in a positive trade balance of $640M. Between January 2023 and January 2024 the exports of Salt Lake City, UT have increased by $101M (15.8%) from $637M to $737M, while imports decreased by $-16.9M (-14.8%) from $114M to $97.5M.

Trade In January 2024, the top exports of Salt Lake City, UT were Gold ($724M), Medical Instruments ($2.69M), Chemical Analysis Instruments ($1.69M), Telephones ($1.48M), and Aircraft Parts ($714k). In January 2024 the top imports of Salt Lake City, UT were Gold ($64M), Medical Instruments ($5.23M), Commodities not elsewhere specified ($4.42M), Aircraft parts including unmanned craft ($2.13M), and Telephones ($1.3M).

Destinations In January 2024, Salt Lake City, UT exported mostly to United Kingdom ($725M), Netherlands ($3.57M), France ($2.37M), Australia ($1.4M), and China ($601k), and imported mostly from Mexico ($64M), Germany ($5.67M), Ireland ($4.72M), Netherlands ($2.15M), and Austria ($1.87M).

Growth In January 2024, the increase in Salt Lake City, UT's year-by-year exports was explained primarily by an increase in exports to United Kingdom ($21.2M or 3.51%), Netherlands ($2.31M or 123%), and Spain ($1.07M or 3.84k%), and product exports increase in Gold ($18.6M or 3.08%), Medical Instruments ($3.44M or 190%), and Other Edible Preparations ($914k or 865%). In January 2024, the decrease in Salt Lake City, UT's year-by-year imports was explained primarily by an decrease in imports from Thailand ($-576k or -100%), Canada ($-447k or -60.3%), and Netherlands ($-388k or -25.1%), and product imports decrease in Gold ($-13.6M or -13.3%), Essential Oils ($-939k or -99.3%), and Computers ($-326k or -53.5%).