Washington

Overview In August 2024 Washington exported $5.25B and imported $5.4B, resulting in a negative trade balance of $158M. Between August 2023 and August 2024 the exports of Washington have increased by $1.06B (25.3%) from $4.18B to $5.25B, while imports decreased by $-371M (-6.42%) from $5.77B to $5.4B.

Trade In August 2024, the top exports of Washington were Aircraft Parts ($2.4B), Wheat ($281M), Refined Petroleum ($193M), Other Frozen Vegetables ($103M), and Medical Instruments ($99.9M). In August 2024 the top imports of Washington were Cars ($964M), Crude Petroleum ($661M), Video and Card Games ($188M), Petroleum Gas ($180M), and Commodities not elsewhere specified ($145M).

Destinations In August 2024, Washington exported mostly to China ($961M), Canada ($644M), Mexico ($392M), Japan ($320M), and Germany ($297M), and imported mostly from Canada ($1.35B), China ($1.05B), South Korea ($723M), Japan ($596M), and Vietnam ($296M).

Growth In August 2024, the increase in Washington's year-by-year exports was explained primarily by an increase in exports to China ($782M or 436%), Germany ($242M or 435%), and United Arab Emirates ($185M or 614%), and product exports increase in Aircraft Parts ($1.21B or 101%), Corn ($79.3M or 66.1k%), and Wheat ($38.7M or 16%). In August 2024, the decrease in Washington's year-by-year imports was explained primarily by an decrease in imports from Canada ($-233M or -14.7%), China ($-97.6M or -8.49%), and Germany ($-74.3M or -48%), and product imports decrease in Other toys ($-95.8M or -43%), Petroleum Gas ($-61.5M or -25.5%), and Cars ($-56M or -5.48%).