Iowa

Overview In September 2024 Iowa exported $1.31B and imported $938M, resulting in a positive trade balance of $368M. Between September 2023 and September 2024 the exports of Iowa have decreased by $-157M (-10.7%) from $1.46B to $1.31B, while imports decreased by $-171M (-15.4%) from $1.11B to $938M.

Trade In September 2024, the top exports of Iowa were Pig Meat ($84.7M), Corn ($74.1M), Tractors ($61.4M), Pesticides ($54.4M), and Alcohol > 80% ABV ($52.7M). In September 2024 the top imports of Iowa were Raw Aluminium ($34.3M), Commodities not elsewhere specified ($32.4M), Motor vehicles; parts and accessories (8701... ($26.1M), Excavation Machinery ($25.8M), and Ammonia ($20.3M).

Destinations In September 2024, Iowa exported mostly to Canada ($425M), Mexico ($212M), Japan ($90.4M), China ($71.5M), and Australia ($58.6M), and imported mostly from Canada ($302M), Mexico ($140M), China ($117M), Germany ($67.7M), and India ($35M).

Growth In September 2024, the decrease in Iowa's year-by-year exports was explained primarily by an decrease in exports to Canada ($-40.5M or -8.7%), South Korea ($-28.5M or -53.2%), and Mexico ($-26.6M or -11.1%), and product exports decrease in Pesticides ($-34.7M or -38.9%), Large Construction Vehicles ($-30.6M or -58.4%), and Centrifuges ($-28.5M or -75.2%). In September 2024, the decrease in Iowa's year-by-year imports was explained primarily by an decrease in imports from Mexico ($-115M or -45.2%), Canada ($-37.9M or -11.1%), and Switzerland ($-10.6M or -56.5%), and product imports decrease in Tractors ($-82.3M or -85.5%), Rapeseed Oil ($-28.9M or -63.4%), and Excavation Machinery ($-19.3M or -42.8%).