The ins and outs of exports.

AuthorFrazzini, Kevin
PositionSTATESTATS

Global trade is a give and take. The U.S. produced and exported goods and services valued at S2.2 trillion in 2015, the U.S. Census Bureau reports, but imported goods and services worth $2.8 trillion. The result was a trade deficit of more than $530 billion.

It's the imbalance of trade in goods alone, however, that drives the deficit. As a service exporter--of banking and investment advice, for example--the U.S. is a powerhouse, enjoying a trade surplus of $227.4 billion in that category in 2015.

While Congress and the administration debate the merits of current and future trade agreements, states will continue their giving and taking. Here's a snapshot of states' top manufactured exports.

BY THE NUMBERS

2015 U.S. Trade Highlights

$365.7 billion Deficit with China, highest on record

$153.3 billion Deficit with the European Union, highest on record

$74.2 billion Deficit with Germany, highest on record

$37.4 billion Surplus with South and Central America, highest on record

2.7 billion Quantity in barrels of crude oil imports, lowest since 1993 (2.5 billion barrels)

$47.26 Import average price per barrel of crude oil. lowest since 2005 ($46.81)

Source: U.S. Census Bureau

Top Destinations for States' Goods

MEXICO 4 STATES

CANADA 35 STATES

BRAZIL 1 STATE

U.K. 2 STATES

FRANCE 1 STATE

SWITZ 1 STATE

CHINA 5 STATES

AUSTRALIA 1 STATE

Caption: States' Top Manufactured Exports

The Goods Each state's top goods export and its value, or total selling price, in millions of dollars. Alabama Small car $3,143 Alaska Zinc $898 Arizona Aircraft $2,968 Arkansas Aircraft $791 California Aircraft .786 Colorado Microchips $373 Connecticut Aircraft $6,504 Delaware Drugs $1,300 Florida Aircraft $4,746 Georgia Aircraft $6,210 Hawaii Aircraft $516 Idaho Memory chips $798 Illinois Light oils $2,648 Indiana Drugs $4,446 Iowa Corn $966 Kansas Aircraft $2,037 Kentucky Aircraft $8,677 Louisiana Refined oils $12,021 Maine...

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