Overview: In August 2020 United States' Homogenized or reconstituted tobacco exports accounted up to $6.6M and imports accounted up to $2.99M, resulting in a positive trade balance of $3.61M. Between August 2019 and August 2020 the exports of United States' Homogenized or reconstituted tobacco have decreased by $-655k (-9.03%) from $7.26M to $6.6M, while imports increased by $1.25M (71.9%) from $1.74M to $2.99M.
Destinations: In August 2020 Homogenized or reconstituted tobacco exported mostly to Dominican Republic ($2.26M), South Korea ($1.27M), Hungary ($378k), Poland ($359k), and Nigeria ($239k), and imported mostly from Dominican Republic ($1.59M), Indonesia ($886k), Mexico ($514k), Afghanistan ($0), and Philippines ($0).
Growth: In August 2020, the decrease in Homogenized or reconstituted tobacco's year-by-year exports was explained primarily by a decrease in exports to Germany ($-1.38M or -93.8%), Japan ($-1.18M or -100%), and South Korea ($-310k or -19.6%). In August 2020, the increase in Homogenized or reconstituted tobacco's year-by-year imports was explained primarily by an increase in imports from Indonesia ($784k or 774%), Mexico ($269k or 110%), and Dominican Republic ($197k or 14.2%).