Ohio

Overview In August 2024 Ohio exported $5.04B and imported $7.36B, resulting in a negative trade balance of $2.32B. Between August 2023 and August 2024 the exports of Ohio have increased by $201M (4.16%) from $4.84B to $5.04B, while imports increased by $399M (5.73%) from $6.96B to $7.36B.

Trade In August 2024, the top exports of Ohio were Aircraft Parts ($419M), Cars ($293M), Motor vehicles; parts and accessories (8701... ($255M), Spark-Ignition Engines ($185M), and Commodities not elsewhere specified ($182M). In August 2024 the top imports of Ohio were Motor vehicles; parts and accessories (8701... ($440M), Packaged Medicaments ($408M), Vaccines, blood, antisera, toxins and cultures ($365M), Crude Petroleum ($333M), and Commodities not elsewhere specified ($245M).

Destinations In August 2024, Ohio exported mostly to Canada ($1.76B), Mexico ($883M), China ($215M), Japan ($181M), and Australia ($168M), and imported mostly from Canada ($1.47B), Mexico ($1.01B), China ($1.01B), Germany ($647M), and Japan ($524M).

Growth In August 2024, the increase in Ohio's year-by-year exports was explained primarily by an increase in exports to Mexico ($131M or 17.5%), Japan ($64.8M or 55.9%), and Australia ($64.1M or 61.7%), and product exports increase in Electric Batteries ($129M or 1.14k%), Commodities not elsewhere specified ($92.7M or 104%), and Tanks and Armored vehicles ($86.9M or 872%). In August 2024, the increase in Ohio's year-by-year imports was explained primarily by an increase in imports from Japan ($191M or 57.4%), China ($137M or 15.7%), and Italy ($131M or 89%), and product imports increase in Vaccines, blood, antisera, toxins and cultures ($210M or 135%), Packaged Medicaments ($145M or 55.1%), and Electric Batteries ($36.1M or 126%).