Louisiana

Overview In December 2024 Louisiana exported $8.47B and imported $2.61B, resulting in a positive trade balance of $5.86B. Between December 2023 and December 2024 the exports of Louisiana have decreased by $-462M (-5.17%) from $8.93B to $8.47B, while imports increased by $268M (11.5%) from $2.34B to $2.61B.

Trade In December 2024, the top exports of Louisiana were Petroleum Gas ($2.36B), Refined Petroleum ($1.78B), Soybeans ($1.16B), Corn ($608M), and Soybean Meal ($221M). In December 2024 the top imports of Louisiana were Crude Petroleum ($481M), Refined Petroleum ($201M), Refined Copper ($158M), Mixed Mineral or Chemical Fertilizers ($115M), and Coffee ($97M).

Destinations In December 2024, Louisiana exported mostly to Mexico ($599M), Netherlands ($578M), United Kingdom ($573M), China ($503M), and Turkey ($371M), and imported mostly from Mexico ($303M), Canada ($266M), Venezuela ($224M), Chile ($157M), and China ($157M).

Growth In December 2024, the decrease in Louisiana's year-by-year exports was explained primarily by an decrease in exports to China ($-819M or -61.9%), Canada ($-153M or -44.1%), and Belgium ($-120M or -39.4%), and product exports decrease in Soybeans ($-494M or -29.8%), Crude Petroleum ($-192M or -58%), and Coal Tar Oil ($-85.2M or -89.2%). In December 2024, the increase in Louisiana's year-by-year imports was explained primarily by an increase in imports from Venezuela ($188M or 523%), Saudi Arabia ($73.1M or 208%), and China ($55.6M or 55%), and product imports increase in Raw Aluminium ($67.8M or 603%), Petroleum Coke ($52M or 643%), and Refined Copper ($46.8M or 42%).