Overview In July 2021 South Carolina exported $2.25B and imported $4.28B, resulting in a negative trade balance of $2.02B. Between July 2020 and July 2021 the exports of South Carolina have decreased by $-349M (-13.4%) from $2.6B to $2.25B, while imports increased by $856M (25%) from $3.42B to $4.28B.
Trade In July 2021, the top exports of South Carolina were Cars ($720M), Rubber Tires ($131M), Vehicle Parts ($126M), Aircraft Parts ($37.4M), and Sulfate Chemical Woodpulp ($33.2M). In July 2021 the top imports of South Carolina were Vehicle Parts ($406M), Motor-working Tools ($175M), Radioactive Chemicals ($150M), Precious Metal Scraps ($125M), and Rubber Tires ($102M).
Destinations In July 2021, South Carolina exported mostly to China ($353M), Germany ($318M), Canada ($307M), Mexico ($173M), and Belgium ($113M), and imported mostly from China ($587M), Germany ($569M), Mexico ($395M), Vietnam ($289M), and Canada ($253M).
Growth In July 2021, the decrease in South Carolina's year-by-year exports was explained primarily by an decrease in exports to Germany ($-249M or -43.9%), South Korea ($-216M or -89.8%), and France ($-161M or -82.1%), and product exports decrease in Cars ($-430M or -37.4%), Aircraft Parts ($-156M or -80.7%), and Machinery Having Individual Functions ($-28M or -73.1%). In July 2021, the increase in South Carolina's year-by-year imports was explained primarily by an increase in imports from Vietnam ($126M or 77.1%), China ($124M or 26.9%), and France ($104M or 183%), and product imports increase in Precious Metal Scraps ($77.2M or 163%), Radioactive Chemicals ($70M or 87.6%), and Motor-working Tools ($56.5M or 47.6%).