Overview: In January 2021 Winston-Salem, NC exported $1.63M and imported $3.99M, resulting in a negative trade balance of $2.36M. Between January 2020 and January 2021 the exports of Winston-Salem, NC have decreased by $-149k (-8.35%) from $1.78M to $1.63M, while imports increased by $3.01M (307%) from $979k to $3.99M.
Trade: In January 2021, the top exports of Winston-Salem, NC 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 Winston-Salem, NC were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Winston-Salem, NC exported mostly to Germany ($1.56M), Japan ($16.7k), Costa Rica ($13k), China ($12.2k), and Hong Kong ($10.6k), and imported mostly from Vietnam ($1.32M), Mexico ($818k), India ($379k), China ($350k), and Cambodia ($344k).
Growth: In January 2021, the decrease in Winston-Salem, NC's year-by-year exports was explained primarily by an decrease in exports to Canada ($-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 Winston-Salem, NC'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%).