Overview In July 2021 Washington exported $4.2B and imported $5.33B, resulting in a negative trade balance of $1.13B. Between July 2020 and July 2021 the exports of Washington have increased by $1.45B (52.5%) from $2.75B to $4.2B, while imports increased by $1.1B (25.9%) from $4.23B to $5.33B.
Trade In July 2021, the top exports of Washington were Aircraft Parts ($1.06B), Corn ($379M), Wheat ($190M), Planes, Helicopters, and/or Spacecraft ($179M), and Refined Petroleum ($153M). In July 2021 the top imports of Washington were Crude Petroleum ($670M), Cars ($545M), Petroleum Gas ($379M), Commodities not elsewhere specified ($212M), and Models and Stuffed Animals ($110M).
Destinations In July 2021, Washington exported mostly to Canada ($890M), China ($639M), Ireland ($316M), Japan ($284M), and Mexico ($209M), and imported mostly from Canada ($1.59B), China ($1.1B), Japan ($554M), South Korea ($347M), and Russia ($259M).
Growth In July 2021, the increase in Washington's year-by-year exports was explained primarily by an increase in exports to Canada ($349M or 64.4%), China ($344M or 117%), and Ireland ($306M or 3.21k%), and product exports increase in Aircraft Parts ($649M or 157%), Corn ($226M or 148%), and Planes, Helicopters, and/or Spacecraft ($178M or 510k%). In July 2021, the increase in Washington's year-by-year imports was explained primarily by an increase in imports from Canada ($504M or 46.5%), South Korea ($194M or 126%), and Russia ($192M or 286%), and product imports increase in Crude Petroleum ($364M or 119%), Petroleum Gas ($217M or 134%), and Cars ($134M or 32.6%).