Overview: In January 2021 Kansas exported $853M and imported $818M, resulting in a positive trade balance of $35.2M. Between January 2020 and January 2021 the exports of Kansas have decreased by $-84.2M (-8.98%) from $938M to $853M, while imports decreased by $-139M (-14.6%) from $958M to $818M.
Trade: In January 2021, the top exports of Kansas were Aircraft Parts ($140M), Bovine Meat ($72.9M), Soybeans ($65.5M), Commodities not elsewhere specified ($41.8M), and Frozen Bovine Meat ($36.7M). In January 2021 the top imports of Kansas were Commodities not elsewhere specified ($80M), Aircraft Parts ($38.6M), Gas Turbines ($19.7M), Telephones ($19.6M), and Navigation Equipment ($18.7M).
Destinations: In January 2021, Kansas exported mostly to Mexico ($164M), Canada ($131M), China ($77.5M), Japan ($63.2M), and South Korea ($39.3M), and imported mostly from China ($165M), Canada ($126M), Taiwan ($66.2M), Germany ($65.7M), and Mexico ($53.1M).
Growth: In January 2021, the decrease in Kansas's year-by-year exports was explained primarily by an decrease in exports to Singapore ($-42.9M or -67.4%), Mexico ($-34.7M or -17.5%), and Portugal ($-29.3M or -85.5%), and product exports decrease in Aircraft Parts ($-55.4M or -28.3%), Wheat ($-15.6M or -44.5%), and Commodities not elsewhere specified ($-14.8M or -26.2%). In January 2021, the decrease in Kansas's year-by-year imports was explained primarily by an decrease in imports from Vietnam ($-31.2M or -56.2%), China ($-22.7M or -12.1%), and Singapore ($-15.9M or -55.3%), and product imports decrease in Commodities not elsewhere specified ($-57.6M or -41.9%), Gas Turbines ($-37.5M or -65.6%), and Aircraft Parts ($-20.3M or -34.5%).