Overview: In May 2021 Wyoming exported $131M and imported $113M, resulting in a positive trade balance of $18.8M. Between May 2020 and May 2021 the exports of Wyoming have increased by $33.1M (33.7%) from $98.2M to $131M, while imports increased by $55.7M (98%) from $56.8M to $113M.
Trade: In May 2021, the top exports of Wyoming were Carbonates ($98.9M), Vehicle Bodies ($3.84M), Mixed Mineral or Chemical Fertilizers ($3.07M), Clays ($2.6M), and Hydrogen ($2.02M). In May 2021 the top imports of Wyoming were Crude Petroleum ($48.2M), Acyclic Hydrocarbons ($5.46M), Nitrogenous Fertilizers ($3.14M), Commodities not elsewhere specified ($2.57M), and Refrigerators ($2.32M).
Destinations: In May 2021, Wyoming exported mostly to Canada ($23.7M), Chile ($19.2M), Brazil ($14.1M), Indonesia ($10.4M), and China ($8.08M), and imported mostly from Canada ($78.5M), China ($12.4M), Turkey ($2.83M), Mexico ($2.27M), and Brazil ($1.76M).
Growth: In May 2021, the increase in Wyoming's year-by-year exports was explained primarily by an increase in exports to Brazil ($9.34M or 197%), China ($7.92M or 4.95k%), and Malaysia ($6.16M or 12.8k%), and product exports increase in Carbonates ($27.2M or 37.9%), Mixed Mineral or Chemical Fertilizers ($2.46M or 402%), and Liquid Pumps ($829k or 508%). In May 2021, the increase in Wyoming's year-by-year imports was explained primarily by an increase in imports from Canada ($52.3M or 200%), Turkey ($1.52M or 116%), and Brazil ($1.38M or 355%), and product imports increase in Crude Petroleum ($38.7M or 408%), Acyclic Hydrocarbons ($4.75M or 673%), and Halogenated Hydrocarbons ($1.81M or 20.1k%).