Overview In October 2022 Washington exported $5.72B and imported $6.33B, resulting in a negative trade balance of $612M. Between October 2021 and October 2022 the exports of Washington have decreased by $-606M (-9.59%) from $6.32B to $5.72B, while imports increased by $382M (6.43%) from $5.94B to $6.33B.
Trade In October 2022, the top exports of Washington were Soybeans ($2.27B), Aircraft Parts ($1B), Refined Petroleum ($138M), Wheat ($118M), and Medical Instruments ($91.4M). In October 2022 the top imports of Washington were Cars ($686M), Crude Petroleum ($679M), Petroleum Gas ($617M), Blank Audio Media ($190M), and Commodities not elsewhere specified ($185M).
Destinations In October 2022, Washington exported mostly to China ($2.51B), Canada ($727M), Japan ($376M), Mexico ($214M), and Malaysia ($184M), and imported mostly from Canada ($1.91B), China ($1.17B), Japan ($742M), South Korea ($488M), and Vietnam ($266M).
Growth In October 2022, the decrease in Washington's year-by-year exports was explained primarily by an decrease in exports to Turkey ($-310M or -98.2%), Mexico ($-119M or -51.1%), and Canada ($-60.5M or -12.2%), and product exports decrease in Refined Petroleum ($-152M or -63.2%), Wheat ($-89.2M or -35.5%), and Machinery Having Individual Functions ($-17.5M or -67.4%). In October 2022, the increase in Washington's year-by-year imports was explained primarily by an increase in imports from China ($197M or 23.7%), Vietnam ($77.8M or 35.6%), and Brazil ($38.6M or 241%), and product imports increase in Video and Card Games ($163M or 185%), Other toys ($45.7M or 67.6%), and Radioactive Chemicals ($45.3M or 201%).