Overview: In July 2020 United States' Homogenized or reconstituted tobacco exports accounted up to $5.55M and imports accounted up to $2.47M, resulting in a positive trade balance of $3.08M. Between July 2019 and July 2020 the exports of United States' Homogenized or reconstituted tobacco have decreased by $-59.9k (-1.07%) from $5.61M to $5.55M, while imports decreased by $-1.12M (-31.1%) from $3.59M to $2.47M.
Destinations: In July 2020 Homogenized or reconstituted tobacco exported mostly to Dominican Republic ($2.55M), South Korea ($1.02M), Pakistan ($239k), Spain ($234k), and Russia ($218k), and imported mostly from Dominican Republic ($1.8M), Mexico ($509k), Brazil ($151k), Philippines ($11.2k), and Afghanistan ($0).
Growth: In July 2020, the decrease in Homogenized or reconstituted tobacco's year-by-year exports was explained primarily by a decrease in exports to Dominican Republic ($-870k or -38.7%), South Korea ($-639k or -51.7%), and Belgium ($-266k or -100%). In July 2020, the decrease in Homogenized or reconstituted tobacco's year-by-year imports was explained primarily by a decrease in imports from Brazil ($-252k or -100%).