Tennessee

Overview In July 2024 Tennessee exported $3.03B and imported $10.7B, resulting in a negative trade balance of $7.64B. Between July 2023 and July 2024 the exports of Tennessee have increased by $84.8M (2.87%) from $2.95B to $3.03B, while imports increased by $1.8B (20.3%) from $8.87B to $10.7B.

Trade In July 2024, the top exports of Tennessee were Medical Instruments ($371M), Computers ($187M), Cars ($182M), Telephones ($113M), and Orthopedic Appliances ($111M). In July 2024 the top imports of Tennessee were Packaged Medicaments ($1.46B), Computers ($1.32B), Vaccines, blood, antisera, toxins and cultures ($1.03B), Cars ($977M), and Telephones ($847M).

Destinations In July 2024, Tennessee exported mostly to Canada ($572M), Mexico ($521M), China ($254M), Netherlands ($214M), and Japan ($146M), and imported mostly from China ($2.25B), Mexico ($1.28B), Japan ($867M), Chinese Taipei ($809M), and Vietnam ($685M).

Growth In July 2024, the increase in Tennessee's year-by-year exports was explained primarily by an increase in exports to Belgium ($48.4M or 55.2%), United Arab Emirates ($42.2M or 159%), and Chinese Taipei ($34.6M or 181%), and product exports increase in Cars ($47.1M or 35%), Medical Instruments ($42.7M or 13%), and Polyacetals ($28M or 83.5%). In July 2024, the increase in Tennessee's year-by-year imports was explained primarily by an increase in imports from China ($736M or 48.6%), Singapore ($378M or 412%), and Chinese Taipei ($360M or 80.1%), and product imports increase in Packaged Medicaments ($445M or 44%), Telephones ($400M or 89.4%), and Computers ($391M or 42.2%).