Overview In December 2022 North Carolina exported $2.94B and imported $5.34B, resulting in a negative trade balance of $2.4B. Between December 2021 and December 2022 the exports of North Carolina have increased by $10.2M (0.35%) from $2.92B to $2.94B, while imports decreased by $-1.97B (-27%) from $7.31B to $5.34B.
Trade In December 2022, the top exports of North Carolina were Vaccines, blood, antisera, toxins and cultures ($250M), Packaged Medicaments ($194M), Raw Tobacco ($109M), Aircraft Parts ($107M), and Reaction and Catalytic Products ($57.5M). In December 2022 the top imports of North Carolina were Computers ($464M), Hormones ($143M), Packaged Medicaments ($131M), Motor vehicles; parts and accessories (8701... ($128M), and Knit T-shirts ($127M).
Destinations In December 2022, North Carolina exported mostly to Canada ($584M), Mexico ($347M), China ($276M), France ($169M), and Japan ($110M), and imported mostly from Mexico ($837M), China ($622M), Germany ($349M), Canada ($338M), and Japan ($270M).
Growth In December 2022, the increase in North Carolina's year-by-year exports was explained primarily by an increase in exports to Qatar ($134M or 5.56k%), France ($64.8M or 83.3%), and Mexico ($52.1M or 15.8%), and product exports increase in Explosive Ammunition ($145M or 756k%), Packaged Medicaments ($43M or 43.3%), and Other Precious Metal Products ($40.6M or 120%). In December 2022, the decrease in North Carolina's year-by-year imports was explained primarily by an decrease in imports from Germany ($-936M or -71.1%), Singapore ($-129M or -35.5%), and Denmark ($-50.5M or -50.8%), and product imports decrease in Vaccines, blood, antisera, toxins and cultures ($-1.12B or -91.5%), Oxygen Amino Compounds ($-183M or -97.5%), and Refrigerators ($-31.7M or -56.2%).