Overview: In January 2021 Stockton, CA exported $39.3M and imported $43.2M, resulting in a negative trade balance of $3.87M. Between January 2020 and January 2021 the exports of Stockton, CA have increased by $15.6M (66%) from $23.7M to $39.3M, while imports increased by $16.6M (62.5%) from $26.6M to $43.2M.
Trade: In January 2021, the top exports of Stockton, 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 Stockton, CA were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Stockton, CA exported mostly to Japan ($35.6M), Peru ($2.59M), Morocco ($1.14M), and China ($8.8k), and imported mostly from Indonesia ($19.3M), Germany ($9.53M), Japan ($4.71M), Vietnam ($3.26M), and Thailand ($2.11M).
Growth: In January 2021, the increase in Stockton, CA'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 increase in Stockton, CA'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%).