Louisiana

Overview In August 2024 Louisiana exported $6.49B and imported $2.96B, resulting in a positive trade balance of $3.53B. Between August 2023 and August 2024 the exports of Louisiana have decreased by $-920M (-12.4%) from $7.41B to $6.49B, while imports increased by $712M (31.7%) from $2.25B to $2.96B.

Trade In August 2024, the top exports of Louisiana were Refined Petroleum ($2.04B), Petroleum Gas ($1.22B), Corn ($524M), Crude Petroleum ($431M), and Soybeans ($376M). In August 2024 the top imports of Louisiana were Refined Copper ($541M), Crude Petroleum ($443M), Refined Petroleum ($388M), Coffee ($131M), and Cars ($79.7M).

Destinations In August 2024, Louisiana exported mostly to Mexico ($645M), Netherlands ($591M), United Kingdom ($416M), Canada ($371M), and Japan ($361M), and imported mostly from Chile ($527M), Mexico ($418M), Canada ($270M), Venezuela ($172M), and Brazil ($155M).

Growth In August 2024, the decrease in Louisiana's year-by-year exports was explained primarily by an decrease in exports to Germany ($-352M or -57.3%), China ($-255M or -48.9%), and Italy ($-203M or -78.9%), and product exports decrease in Crude Petroleum ($-743M or -63.3%), Soybeans ($-308M or -45%), and Petroleum Gas ($-156M or -11.3%). In August 2024, the increase in Louisiana's year-by-year imports was explained primarily by an increase in imports from Chile ($453M or 618%), Canada ($108M or 66.5%), and Venezuela ($97.2M or 130%), and product imports increase in Refined Copper ($452M or 509%), Ferroalloys ($64.8M or 503%), and Coffee ($51.8M or 65.4%).