Indiana

Overview In August 2024 Indiana exported $4.77B and imported $10.5B, resulting in a negative trade balance of $5.75B. Between August 2023 and August 2024 the exports of Indiana have decreased by $-744M (-13.5%) from $5.52B to $4.77B, while imports increased by $1.87B (21.6%) from $8.65B to $10.5B.

Trade In August 2024, the top exports of Indiana were Packaged Medicaments ($805M), Vaccines, blood, antisera, toxins and cultures ($350M), Motor vehicles; parts and accessories (8701... ($344M), Hormones ($321M), and Cars ($309M). In August 2024 the top imports of Indiana were Hormones ($1.95B), Vaccines, blood, antisera, toxins and cultures ($1.9B), Packaged Medicaments ($1.17B), Telephones ($441M), and Commodities not elsewhere specified ($300M).

Destinations In August 2024, Indiana exported mostly to Canada ($1.19B), Mexico ($670M), Germany ($371M), China ($354M), and Italy ($277M), and imported mostly from Ireland ($3.84B), China ($955M), Switzerland ($874M), Canada ($842M), and Germany ($564M).

Growth In August 2024, the decrease in Indiana's year-by-year exports was explained primarily by an decrease in exports to China ($-243M or -40.7%), United Kingdom ($-223M or -67.2%), and Germany ($-161M or -30.2%), and product exports decrease in Hormones ($-287M or -47.2%), Oxygen Amino Compounds ($-207M or -99.7%), and Enzymes ($-162M or -97.9%). In August 2024, the increase in Indiana's year-by-year imports was explained primarily by an increase in imports from Ireland ($1.88B or 95.9%), Switzerland ($269M or 44.5%), and Sweden ($190M or 790%), and product imports increase in Hormones ($1.66B or 557%), Telephones ($317M or 255%), and Vaccines, blood, antisera, toxins and cultures ($279M or 17.2%).