North Carolina

Overview In December 2024 North Carolina exported $3.08B and imported $7.7B, resulting in a negative trade balance of $4.62B. Between December 2023 and December 2024 the exports of North Carolina have decreased by $-286M (-8.5%) from $3.36B to $3.08B, while imports increased by $763M (11%) from $6.93B to $7.7B.

Trade In December 2024, the top exports of North Carolina were Vaccines, blood, antisera, toxins and cultures ($571M), Packaged Medicaments ($178M), Aircraft parts (gliders, balloons, and powered... ($108M), Sulfate Chemical Woodpulp ($72.3M), and Low-voltage Protection Equipment ($55M). In December 2024 the top imports of North Carolina were Vaccines, blood, antisera, toxins and cultures ($2.94B), Other Precious Metal Products ($830M), Computers ($588M), Packaged Medicaments ($453M), and Cars ($268M).

Destinations In December 2024, North Carolina exported mostly to Canada ($598M), Mexico ($408M), China ($251M), France ($158M), and Netherlands ($107M), and imported mostly from Germany ($2.59B), Mexico ($1.16B), China ($698M), Switzerland ($598M), and Netherlands ($560M).

Growth In December 2024, the decrease in North Carolina's year-by-year exports was explained primarily by an decrease in exports to China ($-465M or -64.9%), Mexico ($-139M or -25.5%), and Saudi Arabia ($-37.3M or -59.7%), and product exports decrease in Vaccines, blood, antisera, toxins and cultures ($-350M or -38%), Raw Copper ($-37.6M or -92.1%), and Other Precious Metal Products ($-36.5M or -81.1%). In December 2024, the increase in North Carolina's year-by-year imports was explained primarily by an increase in imports from Germany ($1.89B or 272%), Switzerland ($536M or 865%), and Netherlands ($484M or 632%), and product imports increase in Vaccines, blood, antisera, toxins and cultures ($2.59B or 739%), Other Precious Metal Products ($817M or 6.21k%), and Computers ($270M or 84.8%).