Overview: In January 2021 Shreveport/Bossier City, LA exported $1.66M and imported $27.1M, resulting in a negative trade balance of $25.4M. Between January 2020 and January 2021 the exports of Shreveport/Bossier City, LA have increased by $879k (113%) from $778k to $1.66M, while imports decreased by $-9.98M (-27%) from $37M to $27.1M.
Trade: In January 2021, the top exports of Shreveport/Bossier City, LA 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 Shreveport/Bossier City, LA were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Shreveport/Bossier City, LA exported mostly to Mexico ($1.65M), China ($6.17k), and France ($5.14k), and imported mostly from Mexico ($27M), Italy ($54.2k), China ($0), South Korea ($0), and Philippines ($0).
Growth: In January 2021, the increase in Shreveport/Bossier City, LA'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 ($742M or 188%). In January 2021, the decrease in Shreveport/Bossier City, LA's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-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%).