Alaska

Overview In January 2024 Alaska exported $110M and imported $236M, resulting in a negative trade balance of $126M. Between January 2023 and January 2024 the exports of Alaska have decreased by $-42.2M (-27.7%) from $152M to $110M, while imports increased by $18.2M (8.38%) from $218M to $236M.

Trade In January 2024, the top exports of Alaska were Gold ($57.4M), Precious Metal Ore ($25.1M), Refined Petroleum ($7.81M), Non-fillet Frozen Fish ($5.58M), and Aircraft Parts ($2.98M). In January 2024 the top imports of Alaska were Refined Petroleum ($108M), Telephones ($24.4M), Commodities not elsewhere specified ($13.4M), Integrated Circuits ($12.4M), and Semiconductor Devices ($11.6M).

Destinations In January 2024, Alaska exported mostly to Australia ($38.8M), Switzerland ($18.7M), Germany ($17M), Canada ($14.2M), and Japan ($4.9M), and imported mostly from South Korea ($96.1M), Canada ($58M), Thailand ($21.9M), Malaysia ($10.1M), and Taiwan ($5.25M).

Growth In January 2024, the decrease in Alaska's year-by-year exports was explained primarily by an decrease in exports to Thailand ($-5.93M or -99.2%), Japan ($-4.27M or -50.4%), and South Korea ($-3.77M or -80.9%), and product exports decrease in Non-fillet Frozen Fish ($-1.18M or -8.16%), Raw Cotton ($-218k or -79.8%), and Tractors ($-147k or -82.9%). In January 2024, the increase in Alaska's year-by-year imports was explained primarily by an increase in imports from Finland ($6.3M or 7.39k%), Thailand ($6.13M or 102%), and Mexico ($4.66M or 94.1%), and product imports increase in Telephones ($5.9M or 143%), Other Construction Vehicles ($5.59M or 1.17k%), and Iron Pipes ($5.06M or 120%).