Pennsylvania

Overview In October 2024 Pennsylvania exported $4.48B and imported $11B, resulting in a negative trade balance of $6.55B. Between October 2023 and October 2024 the exports of Pennsylvania have decreased by $-356M (-7.36%) from $4.83B to $4.48B, while imports increased by $1.65B (17.6%) from $9.38B to $11B.

Trade In October 2024, the top exports of Pennsylvania were Vaccines, blood, antisera, toxins and cultures ($419M), Petroleum Gas ($271M), Coal Briquettes ($201M), Explosive Ammunition ($196M), and Packaged Medicaments ($141M). In October 2024 the top imports of Pennsylvania were Packaged Medicaments ($1.67B), Vaccines, blood, antisera, toxins and cultures ($1.3B), Telephones ($818M), Cars ($544M), and Computers ($304M).

Destinations In October 2024, Pennsylvania exported mostly to Canada ($1.06B), Mexico ($468M), China ($318M), Netherlands ($263M), and Japan ($224M), and imported mostly from China ($1.51B), Canada ($1.2B), Switzerland ($681M), South Korea ($623M), and Mexico ($603M).

Growth In October 2024, the decrease in Pennsylvania's year-by-year exports was explained primarily by an decrease in exports to United Kingdom ($-115M or -43.6%), Japan ($-110M or -33%), and France ($-97.6M or -38.6%), and product exports decrease in Vaccines, blood, antisera, toxins and cultures ($-314M or -42.9%), Packaged Medicaments ($-89.6M or -38.8%), and Computers ($-50.5M or -56.3%). In October 2024, the increase in Pennsylvania's year-by-year imports was explained primarily by an increase in imports from Belgium ($357M or 295%), Slovenia ($349M or 418%), and Italy ($288M or 97.4%), and product imports increase in Packaged Medicaments ($776M or 87.1%), Vaccines, blood, antisera, toxins and cultures ($404M or 44.8%), and Commodities not elsewhere specified ($116M or 83%).