Overview: In January 2021 West Virginia exported $383M and imported $234M, resulting in a positive trade balance of $148M. Between January 2020 and January 2021 the exports of West Virginia have decreased by $-19.5M (-4.84%) from $402M to $383M, while imports decreased by $-25.4M (-9.79%) from $260M to $234M.
Trade: In January 2021, the top exports of West Virginia were Coal Briquettes ($93.3M), Spark-Ignition Engines ($61.5M), Polyacetals ($25.6M), Polyamides ($14.1M), and Transmissions ($11.6M). In January 2021 the top imports of West Virginia were Gas Turbines ($24.9M), Vehicle Parts ($18.8M), Commodities not elsewhere specified ($10.2M), Electric Motor Parts ($7.8M), and Electrical Ignitions ($7.6M).
Destinations: In January 2021, West Virginia exported mostly to Canada ($123M), China ($47.5M), India ($30.9M), Ukraine ($23.5M), and Netherlands ($20.3M), and imported mostly from Canada ($90M), Japan ($64M), China ($14M), Germany ($11.9M), and United Kingdom ($10.2M).
Growth: In January 2021, the decrease in West Virginia's year-by-year exports was explained primarily by an decrease in exports to Germany ($-15.9M or -65.8%), Netherlands ($-11.9M or -37%), and Morocco ($-8.77M or -96.7%), and product exports decrease in Coal Briquettes ($-22.1M or -19.1%), Polyamides ($-10.3M or -42.3%), and Cyclic Hydrocarbons ($-5.82M or -97.6%). In January 2021, the decrease in West Virginia's year-by-year imports was explained primarily by an decrease in imports from France ($-9.34M or -85.5%), Czechia ($-8.06M or -97%), and Mexico ($-6.71M or -51.9%), and product imports decrease in Gas Turbines ($-16.3M or -39.5%), Raw Aluminium ($-7.27M or -73.9%), and Iron Structures ($-4.48M or -85.1%).