Oklahoma

Overview In September 2024 Oklahoma exported $735M and imported $1.52B, resulting in a negative trade balance of $784M. Between September 2023 and September 2024 the exports of Oklahoma have increased by $197M (36.5%) from $538M to $735M, while imports decreased by $-62M (-3.92%) from $1.58B to $1.52B.

Trade In September 2024, the top exports of Oklahoma were Aircraft Parts ($174M), Gas Turbines ($50.4M), Excavation Machinery ($37.2M), Packaged Medicaments ($32.2M), and Valves ($21.8M). In September 2024 the top imports of Oklahoma were Crude Petroleum ($551M), Commodities not elsewhere specified ($132M), Gas Turbines ($50.2M), Liquid Pumps ($42.4M), and Party Decorations ($34.5M).

Destinations In September 2024, Oklahoma exported mostly to Canada ($181M), Mexico ($67.1M), Germany ($61.8M), Saudi Arabia ($55.4M), and United Kingdom ($46.3M), and imported mostly from Canada ($716M), China ($265M), Mexico ($110M), France ($52.5M), and Germany ($35M).

Growth In September 2024, the increase in Oklahoma's year-by-year exports was explained primarily by an increase in exports to Saudi Arabia ($49M or 772%), Brazil ($32.5M or 443%), and United Kingdom ($31.2M or 207%), and product exports increase in Aircraft Parts ($98M or 130%), Excavation Machinery ($31.1M or 510%), and Packaged Medicaments ($26.1M or 433%). In September 2024, the decrease in Oklahoma's year-by-year imports was explained primarily by an decrease in imports from Canada ($-154M or -17.7%), Brazil ($-23.9M or -84.9%), and Germany ($-14M or -28.6%), and product imports decrease in Crude Petroleum ($-173M or -23.9%), Forging Machines ($-6.37M or -95.2%), and Transmissions ($-4.99M or -37.1%).