What are the main imports to Alabama?
Yearly Imports In 2021 the top imports of Alabama were Petroleum oils, oils from bituminous minerals,… ($2B), Aircraft parts nes ($1.08B), Parts and accessories of bodies nes… ($851M), Engines, spark-ignition reciprocating, over 1000 cc ($832M), and Ignition/other wiring sets for vehicles/aircraft/ship ($732M).
What is Alabama’s biggest import?
Transportation equipment
Transportation equipment remained Alabama’s largest export category by far in 2019, rising 2.5 percent to nearly $10.3 billion – almost half of the state’s total overseas shipments. Motor vehicles represent the largest portion of exports in this category, totaling $6.7 billion in 2019, up 4 percent over the year.
What is Alabama imports and exports?
Crude petroleum oils: $1.4 billion (5.6% of Alabama’s total imports) Large spark-ignition engines: $908 million (3.6%) Motor vehicle body parts, accessories: $695 million (2.7%) Miscellaneous motor vehicle parts: $474 million (1.9%) Motor vehicle transmissions: $470 million (1.8%)
What does Alabama buy the most?
Like its fellow Southern states Tennessee and South Carolina, Alabama’s highest-value export is cars and passenger vehicles. In 2015, Alabama exported a whopping $7.03 billion in automobiles, up some 5.7 percent from the year before. Cars and passenger vehicles account for about 36 percent of the state’s total exports.
What is this state’s biggest import?
Imports
| National rank | State/territory | Largest import product |
|---|---|---|
| — | United States | computer & electronic products |
| 1 | California | computer & electronic products |
| 2 | Texas | computer & electronic products |
| 3 | Illinois | computer & electronic products |
What is Alabama’s number 1 export?
transportation equipment
The state’s largest manufacturing export category is transportation equipment, which accounted for $10.0 billion of Alabama’s total goods exports in 2018.
What’s the biggest industry in Alabama?
Alabama. Real estate is the largest industry in the vast majority of states. But after real estate, ambulatory health care services is the largest industry in Alabama by total economic output.
What sells Alabama?
Alabama’s top commodities include poultry, cattle and calves, greenhouse and nursery, cotton, and soybeans. The state makes its mark nationally, ranking second in the country in broilers, catfish and quail; third for forestland, peanuts and sod; and sixth for pecans.
What is the US’s biggest export?
These are the top US exports
- Top U.S. goods exports.
- Food, beverage and feed: $133 billion.
- Crude oil, fuel and other petroleum products: $109 billion.
- Civilian aircraft and aircraft engines: $99 billion.
- Auto parts, engines and car tires: $86 billion.
- Industrial machines: $57 billion.
- Passenger cars: $53 billion.
What are Alabama’s Top 10 import products?
Below are Alabama’s top 10 import products highlighting the state’s highest spending on foreign-made goods in 2019. Crude petroleum oils: $2.4 billion (8.5% of Alabama’s total imports) Turbo-jets: $1.5 billion (5.3%) Miscellaneous aircraft parts: $864 million (3%) Motor vehicle body parts, accessories: $780 million (2.7%)
How much does Alabama export from the United States?
The value of Alabama’s exports equals 1.2% of United States’ overall exported products for 2020.
Which countries are Alabama’s top trade partners?
Alabama’s top trade partners in Asia (China, Japan, South Korea, India) represent almost a third (28.1%) of the overall value of exported goods from the Cotton State, trailed by major partners in North America (27.8%) and Europe (16.7%).
What was Alabama’s export deficit in 2020?
Overall, Alabama incurred a -$8.4 billion deficit exporting and importing products during 2020. That dollar amount reflects a 9.9% year-over-year expansion from -$7.6 billion in red ink in 2019. Another way of saying surplus or deficit is positive or negative net exports.