Overview In December 2021 Cochabamba exported $44.1M and imported $67.8M, resulting in a negative trade balance of $23.8M. Between December 2020 and December 2021 the exports of Cochabamba have increased by $16.3M (58.7%) from $27.8M to $44.1M, while imports increased by $1.89M (2.86%) from $66M to $67.8M.
Trade In December 2021, the top exports of Cochabamba were Mineral or chemical fertilizers, nitrogenous ($17.3M), Natural gas, in the gaseous state ($7.23M), Bananas (including plantains), fresh or dried ($5.68M), Ores and concentrates of other non-ferrous... ($1.92M), and Zinc ores and concentrates ($1.1M). In December 2021 the top imports of Cochabamba were Transformers, electrical ($8.84M), Motor cycles (including mopeds) and cycles... ($2.96M), Gas generators, distilling or rectifying plant,... ($2.71M), Gas turbines, n.e.s. ($1.91M), and Tyres, pneumatic, new, of a kind... ($1.9M).
Destinations In December 2021, Cochabamba exported mostly to Brazil ($20.8M), Argentina ($10.7M), United States ($2.3M), Peru ($2.01M), and Chile ($1.91M), and imported mostly from China ($21.8M), Spain ($11.6M), Brazil ($8.41M), Peru ($3.81M), and Germany ($3.71M).
Growth In December 2021, the increase in Cochabamba's year-by-year exports was explained primarily by an increase in exports to Argentina ($3.06M or 50.2%), Peru ($1.78M or 124%), and Japan ($1.06M or 746%), and product exports increase in Bananas (including plantains), fresh or dried ($1.93M or 58.5%), Soya bean oil and its fractions ($1.26M or 189%), and Paper and paperboard, corrugated, crOped, crinkled,... ($365k or 583%). In December 2021, the increase in Cochabamba's year-by-year imports was explained primarily by an increase in imports from Peru ($521k or 14.9%), Malaysia ($210k or 83.3%), and Mexico ($182k or 10.4%), and product imports increase in Motor cycles (including mopeds) and cycles... ($1.03M or 148%), Tyres, pneumatic, new, of a kind... ($886k or 124%), and Tyres, pneumatic, new, of a kind... ($645k or 56.7%).