Overview: In January 2021 Illinois exported $4.44B and imported $14.2B, resulting in a negative trade balance of $9.76B. Between January 2020 and January 2021 the exports of Illinois have decreased by $-173M (-3.76%) from $4.61B to $4.44B, while imports increased by $1.07B (8.16%) from $13.1B to $14.2B.
Trade: In January 2021, the top exports of Illinois were Telephones ($168M), Packaged Medicaments ($166M), Vehicle Parts ($163M), Blood, antisera, vaccines, toxins and cultures ($154M), and Delivery Trucks ($143M). In January 2021 the top imports of Illinois were Telephones ($2.28B), Crude Petroleum ($1.68B), Computers ($1.42B), Commodities not elsewhere specified ($692M), and Packaged Medicaments ($678M).
Destinations: In January 2021, Illinois exported mostly to Canada ($1.14B), Mexico ($641M), China ($289M), Germany ($266M), and Australia ($177M), and imported mostly from China ($4.97B), Canada ($2.72B), Mexico ($1.2B), Germany ($958M), and Japan ($789M).
Growth: In January 2021, the decrease in Illinois's year-by-year exports was explained primarily by an decrease in exports to Hong Kong ($-83.1M or -48.6%), Australia ($-82M or -31.7%), and United Kingdom ($-80M or -45.5%), and product exports decrease in Telephones ($-110M or -39.7%), Refined Petroleum ($-72.9M or -49.1%), and Packaged Medicaments ($-50.4M or -23.3%). In January 2021, the increase in Illinois's year-by-year imports was explained primarily by an increase in imports from China ($1.85B or 59%), Mexico ($183M or 18%), and Germany ($161M or 20.2%), and product imports increase in Computers ($792M or 126%), Telephones ($653M or 40.2%), and Video and Card Games ($152M or 501%).