Indiana

Overview In July 2024 Indiana exported $4.18B and imported $9.28B, resulting in a negative trade balance of $5.1B. Between July 2023 and July 2024 the exports of Indiana have increased by $105M (2.57%) from $4.07B to $4.18B, while imports increased by $1.88B (25.4%) from $7.4B to $9.28B.

Trade In July 2024, the top exports of Indiana were Packaged Medicaments ($553M), Vaccines, blood, antisera, toxins and cultures ($455M), Motor vehicles; parts and accessories (8701... ($305M), Cars ($263M), and Aircraft Parts ($183M). In July 2024 the top imports of Indiana were Hormones ($1.27B), Vaccines, blood, antisera, toxins and cultures ($1.09B), Packaged Medicaments ($1.06B), Commodities not elsewhere specified ($567M), and Telephones ($418M).

Destinations In July 2024, Indiana exported mostly to Canada ($1.06B), Mexico ($576M), China ($262M), Italy ($229M), and Germany ($221M), and imported mostly from Ireland ($2.51B), Canada ($1.05B), China ($938M), Germany ($806M), and Japan ($599M).

Growth In July 2024, the increase in Indiana's year-by-year exports was explained primarily by an increase in exports to Italy ($164M or 252%), Ireland ($130M or 433%), and Germany ($65.9M or 42.5%), and product exports increase in Vaccines, blood, antisera, toxins and cultures ($204M or 81.2%), Cars ($126M or 91.6%), and Hormones ($124M or 266%). In July 2024, the increase in Indiana's year-by-year imports was explained primarily by an increase in imports from Ireland ($501M or 25%), Switzerland ($339M or 201%), and Germany ($261M or 48%), and product imports increase in Hormones ($451M or 54.9%), Telephones ($332M or 385%), and Packaged Medicaments ($221M or 26.2%).