Louisiana

Overview In November 2024 Louisiana exported $8.08B and imported $2.61B, resulting in a positive trade balance of $5.47B. Between November 2023 and November 2024 the exports of Louisiana have decreased by $-844M (-9.45%) from $8.93B to $8.08B, while imports increased by $448M (20.7%) from $2.16B to $2.61B.

Trade In November 2024, the top exports of Louisiana were Refined Petroleum ($1.76B), Soybeans ($1.71B), Petroleum Gas ($1.62B), Crude Petroleum ($552M), and Corn ($413M). In November 2024 the top imports of Louisiana were Crude Petroleum ($319M), Cars ($226M), Refined Petroleum ($218M), Refined Copper ($207M), and Coffee ($162M).

Destinations In November 2024, Louisiana exported mostly to China ($1.42B), Netherlands ($635M), Mexico ($551M), United Kingdom ($479M), and Colombia ($394M), and imported mostly from Mexico ($311M), Canada ($263M), Brazil ($240M), South Korea ($230M), and Venezuela ($200M).

Growth In November 2024, the decrease in Louisiana's year-by-year exports was explained primarily by an decrease in exports to Germany ($-447M or -72%), Canada ($-296M or -62%), and France ($-250M or -58.2%), and product exports decrease in Crude Petroleum ($-632M or -53.4%), Refined Petroleum ($-265M or -13.1%), and Petroleum Gas ($-262M or -13.9%). In November 2024, the increase in Louisiana's year-by-year imports was explained primarily by an increase in imports from Chile ($164M or 591%), South Korea ($163M or 243%), and Venezuela ($125M or 166%), and product imports increase in Refined Copper ($176M or 585%), Cars ($175M or 339%), and Coffee ($90M or 125%).