California

Overview In January 2024 California exported $13.9B and imported $36.9B, resulting in a negative trade balance of $23.1B. Between January 2023 and January 2024 the exports of California have decreased by $-1.11B (-7.41%) from $15B to $13.9B, while imports increased by $784M (2.17%) from $36.2B to $36.9B.

Trade In January 2024, the top exports of California were Other Nuts ($657M), Telephones ($571M), Integrated Circuits ($540M), Aircraft Parts ($519M), and Computers ($518M). In January 2024 the top imports of California were Computers ($2.64B), Cars ($2.47B), Telephones ($2.1B), Crude Petroleum ($1.99B), and Office Machine Parts ($1.4B).

Destinations In January 2024, California exported mostly to Mexico ($2.51B), Canada ($1.42B), China ($1.19B), Taiwan ($808M), and Japan ($757M), and imported mostly from China ($10.1B), Mexico ($4.65B), Taiwan ($3.04B), Vietnam ($2.5B), and Japan ($2.04B).

Growth In January 2024, the decrease in California's year-by-year exports was explained primarily by an decrease in exports to South Korea ($-254M or -26.1%), China ($-136M or -11.4%), and India ($-130M or -24.3%), and product exports decrease in Machines and apparatus of a kind... ($-358M or -44.9%), Cars ($-212M or -39.7%), and Diamonds ($-141M or -40.6%). In January 2024, the increase in California's year-by-year imports was explained primarily by an increase in imports from Germany ($321M or 36.2%), India ($261M or 58.6%), and Ecuador ($229M or 97.8%), and product imports increase in Electric Batteries ($822M or 209%), Semiconductor Devices ($434M or 130%), and Cars ($299M or 10.7%).