Alaska

Overview In August 2024 Alaska exported $914M and imported $334M, resulting in a positive trade balance of $579M. Between August 2023 and August 2024 the exports of Alaska have increased by $41.5M (4.76%) from $872M to $914M, while imports increased by $71.4M (27.1%) from $263M to $334M.

Trade In August 2024, the top exports of Alaska were Zinc Ore ($279M), Non-fillet Frozen Fish ($213M), Fish Fillets ($135M), Lead Ore ($120M), and Gold ($84M). In August 2024 the top imports of Alaska were Refined Petroleum ($178M), Crude Petroleum ($24.5M), Commodities not elsewhere specified ($12.1M), Integrated Circuits ($8.74M), and Telephones ($8.55M).

Destinations In August 2024, Alaska exported mostly to China ($234M), Canada ($111M), Australia ($108M), Japan ($102M), and Switzerland ($61.3M), and imported mostly from Canada ($134M), South Korea ($120M), Japan ($14.8M), China ($11.2M), and Singapore ($9.84M).

Growth In August 2024, the increase in Alaska's year-by-year exports was explained primarily by an increase in exports to Australia ($55.6M or 106%), China ($45.9M or 24.4%), and Switzerland ($27.6M or 81.8%), and product exports increase in Non-fillet Frozen Fish ($48M or 29.1%), Lead Ore ($44.8M or 59.5%), and Gold ($31M or 58.6%). In August 2024, the increase in Alaska's year-by-year imports was explained primarily by an increase in imports from South Korea ($58.3M or 94.3%), Canada ($25.1M or 23.1%), and Singapore ($8.59M or 691%), and product imports increase in Refined Petroleum ($18.5M or 11.6%), Centrifuges ($7.92M or 1.36k%), and Liquid Pumps ($7.68M or 3.38k%).