Illinois

Overview In December 2024 Illinois exported $6.43B and imported $18.8B, resulting in a negative trade balance of $12.4B. Between December 2023 and December 2024 the exports of Illinois have decreased by $-347M (-5.12%) from $6.77B to $6.43B, while imports increased by $954M (5.35%) from $17.8B to $18.8B.

Trade In December 2024, the top exports of Illinois were Packaged Medicaments ($447M), Telephones ($378M), Vaccines, blood, antisera, toxins and cultures ($303M), Soybeans ($261M), and Refined Petroleum ($211M). In December 2024 the top imports of Illinois were Crude Petroleum ($4.04B), Telephones ($1.59B), Packaged Medicaments ($1.47B), Other Precious Metal Products ($1.22B), and Computers ($954M).

Destinations In December 2024, Illinois exported mostly to Canada ($1.58B), Mexico ($1.07B), Netherlands ($401M), Germany ($321M), and China ($268M), and imported mostly from Canada ($6.06B), China ($2.79B), Mexico ($1.73B), Vietnam ($1.09B), and Switzerland ($892M).

Growth In December 2024, the decrease in Illinois's year-by-year exports was explained primarily by an decrease in exports to Australia ($-137M or -37.5%), Mexico ($-113M or -9.59%), and Japan ($-102M or -37.2%), and product exports decrease in Corn ($-88.1M or -55.3%), Other Rubber Products ($-38M or -70.8%), and Excavation Machinery ($-30.2M or -32.2%). In December 2024, the increase in Illinois's year-by-year imports was explained primarily by an increase in imports from Switzerland ($788M or 762%), Canada ($680M or 12.6%), and Vietnam ($281M or 34.7%), and product imports increase in Other Precious Metal Products ($1.22B or 1.51M%), Packaged Medicaments ($686M or 87.3%), and Gold ($387M or 219%).