Overview: In April 2021 Alaska exported $472M and imported $235M, resulting in a positive trade balance of $237M. Between April 2020 and April 2021 the exports of Alaska have increased by $73.2M (18.4%) from $399M to $472M, while imports increased by $97.3M (70.8%) from $137M to $235M.
Trade: In April 2021, the top exports of Alaska were Crude Petroleum ($148M), Non-fillet Frozen Fish ($98.1M), Fish Fillets ($98.1M), Gold ($40.4M), and Crustaceans ($20.9M). In April 2021 the top imports of Alaska were Refined Petroleum ($89.5M), Office Machine Parts ($36.5M), Blank Audio Media ($23M), Oscilloscopes ($11.8M), and Commodities not elsewhere specified ($7.53M).
Destinations: In April 2021, Alaska exported mostly to China ($144M), Japan ($131M), South Korea ($60.2M), Australia ($28M), and Netherlands ($25.3M), and imported mostly from South Korea ($111M), Canada ($40.5M), Vietnam ($30.6M), Malaysia ($14.1M), and China ($8.58M).
Growth: In April 2021, the increase in Alaska's year-by-year exports was explained primarily by an increase in exports to China ($47.4M or 49.3%), Japan ($45.1M or 52.9%), and Switzerland ($14.1M or 7.12k%), and product exports increase in Crude Petroleum ($123M or 490%), Aircraft Parts ($14M or 851%), and Gold ($4.84M or 13.6%). In April 2021, the increase in Alaska's year-by-year imports was explained primarily by an increase in imports from South Korea ($54.8M or 97.2%), Vietnam ($26.6M or 666%), and Canada ($18.4M or 83.7%), and product imports increase in Refined Petroleum ($47.8M or 115%), Blank Audio Media ($22.9M or 36.9k%), and Oscilloscopes ($10.7M or 962%).