New York

Overview In September 2024 New York exported $7.95B and imported $12.5B, resulting in a negative trade balance of $4.57B. Between September 2023 and September 2024 the exports of New York have decreased by $-1.47B (-15.6%) from $9.42B to $7.95B, while imports increased by $293M (2.4%) from $12.2B to $12.5B.

Trade In September 2024, the top exports of New York were Diamonds ($1.04B), Gold ($1.03B), Jewellery ($733M), Paintings ($583M), and Precious Stones ($428M). In September 2024 the top imports of New York were Diamonds ($1.06B), Other Precious Metal Products ($970M), Commodities not elsewhere specified ($803M), Jewellery ($587M), and Paintings ($275M).

Destinations In September 2024, New York exported mostly to Hong Kong ($1.43B), Canada ($1.16B), United Kingdom ($901M), Switzerland ($691M), and India ($358M), and imported mostly from China ($1.7B), Canada ($1.52B), Switzerland ($1.42B), India ($1.28B), and Italy ($554M).

Growth In September 2024, the decrease in New York's year-by-year exports was explained primarily by an decrease in exports to Canada ($-475M or -29.1%), Hong Kong ($-353M or -19.7%), and China ($-336M or -62.5%), and product exports decrease in Commodities not elsewhere specified ($-580M or -74.3%), Diamonds ($-499M or -32.5%), and Gold ($-346M or -25.1%). In September 2024, the increase in New York's year-by-year imports was explained primarily by an increase in imports from Switzerland ($545M or 62.4%), India ($217M or 20.5%), and Germany ($50.9M or 16.5%), and product imports increase in Other Precious Metal Products ($570M or 143%), Commodities not elsewhere specified ($88.1M or 12.3%), and Planes, Helicopters, and/or Spacecraft ($86.5M or 19.6k%).