North Carolina

Overview In July 2024 North Carolina exported $3.12B and imported $7.72B, resulting in a negative trade balance of $4.61B. Between July 2023 and July 2024 the exports of North Carolina have decreased by $-28.2M (-0.9%) from $3.14B to $3.12B, while imports increased by $1.4B (22.2%) from $6.32B to $7.72B.

Trade In July 2024, the top exports of North Carolina were Vaccines, blood, antisera, toxins and cultures ($377M), Packaged Medicaments ($271M), Aircraft Parts ($151M), Sulfate Chemical Woodpulp ($73.3M), and Combustion Engines ($49.1M). In July 2024 the top imports of North Carolina were Vaccines, blood, antisera, toxins and cultures ($1.15B), Cars ($453M), Computers ($343M), Packaged Medicaments ($290M), and Oxygen Heterocyclic Compounds ($254M).

Destinations In July 2024, North Carolina exported mostly to Canada ($763M), Mexico ($411M), China ($180M), France ($180M), and United Kingdom ($112M), and imported mostly from Ireland ($1.17B), Mexico ($936M), China ($623M), Germany ($501M), and Sweden ($386M).

Growth In July 2024, the decrease in North Carolina's year-by-year exports was explained primarily by an decrease in exports to China ($-114M or -38.8%), Mexico ($-87.3M or -17.5%), and Austria ($-56.6M or -58.6%), and product exports decrease in Reaction and Catalytic Products ($-51.8M or -62.1%), Raw Tobacco ($-47.8M or -54.5%), and Vaccines, blood, antisera, toxins and cultures ($-36.3M or -8.78%). In July 2024, the increase in North Carolina's year-by-year imports was explained primarily by an increase in imports from Ireland ($982M or 520%), Germany ($167M or 50.2%), and Netherlands ($140M or 70.7%), and product imports increase in Vaccines, blood, antisera, toxins and cultures ($987M or 609%), Hormones ($156M or 695%), and Oxygen Amino Compounds ($139M or 2.68k%).