Utah

Overview In September 2024 Utah exported $1.66B and imported $2.12B, resulting in a negative trade balance of $461M. Between September 2023 and September 2024 the exports of Utah have increased by $7.14M (0.43%) from $1.65B to $1.66B, while imports increased by $502M (31.1%) from $1.62B to $2.12B.

Trade In September 2024, the top exports of Utah were Gold ($757M), Medical Instruments ($81.8M), Aircraft Parts ($69.1M), Other Edible Preparations ($45.9M), and Laboratory Reagents ($41.3M). In September 2024 the top imports of Utah were Gold ($502M), Silver ($143M), Office Machine Parts ($111M), Commodities not elsewhere specified ($106M), and Telephones ($86.2M).

Destinations In September 2024, Utah exported mostly to United Kingdom ($784M), Canada ($117M), China ($92.7M), Mexico ($90.1M), and Japan ($88.4M), and imported mostly from Canada ($524M), Mexico ($478M), China ($234M), Chinese Taipei ($109M), and Vietnam ($82.8M).

Growth In September 2024, the increase in Utah's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei ($41.1M or 360%), Brazil ($27.2M or 118%), and Ireland ($12.9M or 115%), and product exports increase in Aircraft Parts ($26.7M or 63%), Office Machine Parts ($23.6M or 147%), and Precious Metal Scraps ($11.8M or 7.24k%). In September 2024, the increase in Utah's year-by-year imports was explained primarily by an increase in imports from Canada ($305M or 139%), Mexico ($81.2M or 20.5%), and China ($47.8M or 25.7%), and product imports increase in Gold ($275M or 121%), Silver ($75.4M or 111%), and Commodities not elsewhere specified ($31.4M or 42.4%).