Colorado

Overview In October 2024 Colorado exported $894M and imported $1.35B, resulting in a negative trade balance of $454M. Between October 2023 and October 2024 the exports of Colorado have increased by $60.7M (7.29%) from $833M to $894M, while imports decreased by $-160M (-10.6%) from $1.51B to $1.35B.

Trade In October 2024, the top exports of Colorado were Integrated Circuits ($66.2M), Bovine Meat ($58.5M), Soybeans ($42.8M), Frozen Bovine Meat ($41.2M), and Aircraft parts (gliders, balloons, and powered... ($40.5M). In October 2024 the top imports of Colorado were Crude Petroleum ($196M), Planes, Helicopters, and/or Spacecraft ($113M), Integrated Circuits ($56.2M), Orthopedic Appliances ($35.5M), and Commodities not elsewhere specified ($31.8M).

Destinations In October 2024, Colorado exported mostly to Mexico ($148M), Canada ($104M), Malaysia ($56.4M), China ($55.4M), and Germany ($47.6M), and imported mostly from Canada ($374M), China ($150M), Switzerland ($124M), Mexico ($88.6M), and Vietnam ($75.1M).

Growth In October 2024, the increase in Colorado's year-by-year exports was explained primarily by an increase in exports to Germany ($26.5M or 126%), South Africa ($18.8M or 944%), and Spain ($17.7M or 229%), and product exports increase in Corn ($15.3M or 8.75k%), Aircraft parts (gliders, balloons, and powered... ($12.6M or 45.4%), and Frozen Bovine Meat ($8.87M or 27.4%). In October 2024, the decrease in Colorado's year-by-year imports was explained primarily by an decrease in imports from Canada ($-151M or -28.7%), Australia ($-33.6M or -54%), and China ($-27.5M or -15.5%), and product imports decrease in Crude Petroleum ($-153M or -43.7%), Integrated Circuits ($-39.7M or -41.4%), and Bovine Meat ($-16.7M or -77.5%).