South Carolina

Overview In January 2024 South Carolina exported $2.59B and imported $4.38B, resulting in a negative trade balance of $1.79B. Between January 2023 and January 2024 the exports of South Carolina have increased by $97M (3.89%) from $2.49B to $2.59B, while imports increased by $169M (4%) from $4.22B to $4.38B.

Trade In January 2024, the top exports of South Carolina were Cars ($845M), Ethylene Polymers ($134M), Motor vehicles; parts and accessories (8701... ($127M), Rubber Tires ($125M), and Aircraft Parts ($56.1M). In January 2024 the top imports of South Carolina were Motor vehicles; parts and accessories (8701... ($470M), Radioactive Chemicals ($248M), Spark-Ignition Engines ($98.1M), Rubber Tires ($94.3M), and Commodities not elsewhere specified ($88.9M).

Destinations In January 2024, South Carolina exported mostly to Germany ($418M), Canada ($348M), China ($292M), Mexico ($257M), and South Korea ($209M), and imported mostly from China ($703M), Germany ($583M), Mexico ($434M), Canada ($276M), and United Kingdom ($262M).

Growth In January 2024, the increase in South Carolina's year-by-year exports was explained primarily by an increase in exports to Netherlands ($180M or 858%), Canada ($80.3M or 31.6%), and China ($74.2M or 34.9%), and product exports increase in Cars ($264M or 52%), Aircraft Parts ($153M or 274%), and Ethylene Polymers ($50.2M or 84.3%). In January 2024, the increase in South Carolina's year-by-year imports was explained primarily by an increase in imports from Germany ($42.4M or 7.17%), United Kingdom ($35.2M or 69.6%), and France ($32.8M or 50.9%), and product imports increase in Refined Petroleum ($34.5M or 588%), Coffee ($26.8M or 51.5%), and Semiconductor Devices ($26.4M or 146%).