Virginia's Import/Export Economy

With recent discussions about tariffs on exports from other countries, you may be wondering how much Virginia imports and exports worldwide, and what products are moving in and out.

During the pandemic, supply chains were interrupted and stiffer tariffs were imposed, driving exports to their lowest levels since 2010.

In 2021, however, American exports rebounded, growing a whopping 18.7% to $2.5 trillion. In Virginia, the trade gap grew from $576.9B in 2019 to $861.4B in 2021.

Here's a breakdown of the top countries Virginia exports to and what products we're making (by category). as well as what each of these countries sends to us.

#1. Canada

Total Trade	Trade Surplus	Exports	Imports
$6.0B	$493.4M	$3.2B	$2.7B

Largest Exports: • Nuclear Reactors, Boilers, Machinery, Parts ($646.0M)

• Vehicles and Parts (except Rail or Tram) ($615.0M)

• Plastics and Articles Thereof ($338.7M)

Largest Imports: • Nuclear Reactors, Boilers, Machinery, Parts (471.6M)

• Electric Machinery etc., Sound Equipment, Parts ($205.1M)

• Wood and Articles of Wood, Wood Charcoal ($204.5M)

#2. China

Total Trade	Trade Deficit	Exports	Imports
$10.5B	-$4.1B	$3.2B	$7.3B

Largest Exports: • Mineral Fuel, Oil, Etc; Bitumen Substrate; Mineral Wax ($889.7M)

• Meat and Edible Meat Offal ($615.7)

• Oil Seeds etc.; Misc Gran, Seed, Fruit, Plant ($602.8M)

Largest Imports: • Nuclear Reactors, Boilers, Machinery, etc.; Parts ($1.3B)

• Toys, Games, Sports Equipment; Parts & Accessories ($1.1B)

• Electric Machinery, etc.; Sound Equipment, TV Equipment ($915.3M)

#3. Mexico

Total Trade	Trade Deficit	Exports	Imports
$3.2B	$1.4B	$912.9M	$2.3B

Largest Exports: • Nuclear Reactors, Boilers, Machinery, etc.; Parts ($151.7M)

• Plastics and Articles Thereof ($126.0M)

• Meat and Edible Meat Offal ($69.5M)

Largest Imports: • Nuclear Reactors, Boilers, Machinery, etc.; Parts ($1.2B)

• Vehicles (except rail or tram), and Parts, etc. ($408.0M)

• Textile Art; Needlecraft Sets; Worn Text Art ($155.8M)

#4. India

Total Trade	Trade Deficit	Exports	Imports
$2.4B	-$766.5M	$833.7M	$1.6B

Largest Exports: • Mineral Fuel, Oil, etc.; Bitumen Subst.; Mineral Wax ($505.5M)

• Aluminum and Articles Thereof ($71.0M)

• Plastics and Articles Thereof ($52.3M)

Largest Imports: • Textile Art; Needlecraft Sets; Worn Text Art ($302.0M)

• Furniture, Bedding, Mattresses; Light Fixtures; Prefab ($127.5M)

• Vehicles (except rail or tram); and Parts, etc. ($110.5M)

#5. Germany

Total Trade	Trade Deficit	Exports	Imports
$3.0B	-$1.5B	$765.6M	$2.2B

Largest Exports: • Nuclear Reactors, Boilers, Machinery, etc.; Parts ($203.0M)

• Aircraft, Spacecraft, and Parts Thereof ($99.4M)

• Electric Machinery, etc.; Sound Equip; TV Equip; Parts ($82.5M)

Largest Imports: • Nuclear Reactors, Boilers, Machinery, etc.; Parts ($867.5M)

• Vehicles (except rail or tram); and Parts, etc. ($276.5M)

• Aircraft, Spacecraft, and Parts Thereof ($211.7M)

#6. Brazil

Total Trade	Trade Surplus	Exports	Imports
$1.3B	$51.3M	$668.5M	$617.2M

Largest Exports: • Mineral Fuel, Oil Etc.; Bitumen Subst; Mineral Wax ($420.0 million)

• Nuclear Reactors, Boilers, Machinery Etc.; Parts ($81.9 million)

• Plastics And Articles Thereof ($34.9 million)

Largest Imports: • Nuclear Reactors, Boilers, Machinery Etc.; Parts ($206.2 million)

• Vehicles, Except Railway Or Tramway, And Parts Etc ($74.9 million)

• Wood And Articles Of Wood; Wood Charcoal ($70.5 million)

#7. Netherlands

Total Trade	Trade Surplus	Exports	Imports
$973.7M	$337.1M	$655.4M	$318.3M

Largest Exports: • Mineral Fuel, Oil Etc.; Bitumin Subst; Mineral Wax ($280.6 million)

• Optic, Photo Etc, Medic Or Surgical Instrments Etc ($68.7 million)

• Pharmaceutical Products ($63.4 million)

Largest Imports • Nuclear Reactors, Boilers, Machinery Etc.; Parts ($79.6 million)

• Paper & Paperboard & Articles (inc. Paper Pulp) ($45.3 million)

• Special Classification Provisions, Nesoi ($33.1 million)

#8. United Kingdom

Total Trade	Trade Deficit	Exports	Imports
$1.6B	$375/9M	$614.6M	$990.4M

Largest Exports: • Plastics And Articles Thereof ($104.3 million)

• Nuclear Reactors, Boilers, Machinery Etc.; Parts ($104.1 million)

• Mineral Fuel, Oil Etc.; Bitumen Subst; Mineral Wax ($103.0 million)

Largest Imports: • Aircraft, Spacecraft, And Parts Thereof ($349.2 million)

• Nuclear Reactors, Boilers, Machinery Etc.; Parts ($175.9 million)

• Electric Machinery Etc; Sound Equip; Tv Equip; Pts ($64.6 million)

#9. Taiwan

Total Trade	Trade Deficit	Exports	Imports
$1.5B	-$363.9M	$575.6M	$939.4M

Largest Exports: • Electric Machinery Etc; Sound Equip; Tv Equip; Pts ($300.9 million)

• Oil Seeds Etc.; Misc Grain, Seed, Fruit, Plant Etc ($85.5 million)

• Beverages, Spirits And Vinegar ($44.2 million)

Largest Imports: • Nuclear Reactors, Boilers, Machinery Etc.; Parts ($440.3 million)

• Electric Machinery Etc; Sound Equip; Tv Equip; Pts ($167.1 million)

• Plastics And Articles Thereof ($50.3 million)

#10. Japan

Total Trade	Trade Deficit	Exports	Imports
$1.5B	-$363.9M	$575.6M	$939.4M

The Rest of The Top 30

Country	Total Trade	Total Surplus / Deficit	Exports	Imports	Primary Export
Belgium	$684.7M	$344.8M	$514.7M	$170.0M	Plastics
Singapore	$1.1B	-$67.5M	$495.3M	$562.8M	Electronic Parts
South Korea	$831.4M	-54.1M	$388.7M	$442.7M	Meat
Hong Kong	$310.5M	$290.2M	$300.3M	$10.1M	Electronic Parts
Australia	$344.7M	$238.2M	$291.5M	$53.2M	Vehicles
Italy	$1.3B	$724.5	$286.9M	$1.0B	Minerals
France	1.0B	-$518.1M	$263.4M	$781.4M	Minerals
Turkey	$589.7M	$104.5M	$242.6M	$347.1M	Minerals
Poland	$502.2M	-$26.9M	$237.7M	$264.5M	Minerals
Malaysia	$2.3B	-$1.9B	$228.1M	$2.1B	Grains / Seeds
Luxembourg	$276.7M	$147.8M	$212.2M	$64.5M	Aircraft / Parts
Croatia	$214.7M	$205.3M	$210.0M	$4.7M	Minerals
Indonesia	$1.0B	-$613.8M	$193.8M	$807.6M	Textiles
Switzerland	$582.4M	-$203.3M	$189.6M	$392.8M	Tobacco Products
Colombia	$336.1M	$30.8M	$183.4M	$152.6M	Meat
Chile	$260.2M	$62.6M	$161.4M	$98.8M	Beverages
Vietnam	$1.7B	-$1.4B	$156.7M	$1.5B	Wood / Charcoal
Spain	$448.4M	-$135.5M	$156.4M	$291.9M	Minerals
Egypt	$196.2M	$102.5M	$149.3M	$46.8M	Seed/Grain
UAE	$190.8M	$104.9M	$147.9M	$42.9M	Machinery