Overview In August 2021 Tennessee exported $3.05B and imported $7.81B, resulting in a negative trade balance of $4.76B. Between August 2020 and August 2021 the exports of Tennessee have increased by $607M (24.9%) from $2.44B to $3.05B, while imports increased by $938M (13.6%) from $6.88B to $7.81B.
Trade In August 2021, the top exports of Tennessee were Medical Instruments ($303M), Blood, antisera, vaccines, toxins and cultures ($245M), Telephones ($145M), Orthopedic Appliances ($140M), and Cars ($117M). In August 2021 the top imports of Tennessee were Packaged Medicaments ($874M), Computers ($854M), Blood, antisera, vaccines, toxins and cultures ($806M), Cars ($464M), and Vehicle Parts ($309M).
Destinations In August 2021, Tennessee exported mostly to Canada ($574M), Mexico ($368M), Belgium ($271M), China ($242M), and Japan ($186M), and imported mostly from N/A.
Growth In August 2021, the increase in Tennessee's year-by-year exports was explained primarily by an increase in exports to Belgium ($186M or 219%), Mexico ($96.8M or 35.6%), and South Korea ($78.5M or 188%), and product exports increase in N/A. In August 2021, the increase in Tennessee's year-by-year imports was explained primarily by an increase in imports from Ireland ($286M or 51.9%), Germany ($166M or 54.7%), and Japan ($158M or 32%), and product imports increase in Blood, antisera, vaccines, toxins and cultures ($243M or 43.1%), Packaged Medicaments ($152M or 21%), and Vehicle Parts ($83M or 36.7%).