Overview: In January 2021 Sumas, WA exported $93M and imported $205M, resulting in a negative trade balance of $112M. Between January 2020 and January 2021 the exports of Sumas, WA have decreased by $-12.5M (-11.8%) from $106M to $93M, while imports increased by $54.1M (35.8%) from $151M to $205M.
Trade: In January 2021, the top exports of Sumas, WA 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 Sumas, WA were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Sumas, WA exported mostly to Canada ($92.3M), Japan ($606k), Malaysia ($90.7k), India ($34.9k), and Panama ($16.8k), and imported mostly from Canada ($196M), China ($3.01M), India ($1.21M), South Korea ($1.05M), and Mexico ($640k).
Growth: In January 2021, the decrease in Sumas, WA's year-by-year exports was explained primarily by an decrease in exports to Canada ($-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 Sumas, WA'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%).