Overview In December 2023 Oruro exported $43.4M and imported $171M, resulting in a negative trade balance of $127M. Between December 2022 and December 2023 the exports of Oruro have increased by $2.09M (5.05%) from $41.3M to $43.4M, while imports decreased by $-66.7M (-28.1%) from $238M to $171M.
Trade In December 2023, the top exports of Oruro were Precious metal ores and concentrates ($12.4M), Tin and tin alloys, unwrought ($12.1M), Zinc ores and concentrates ($7.62M), Buckwheat, millet and canary seed; other... ($4.81M), and Gold, non-monetary (excluding gold ores and... ($4.12M). In December 2023 the top imports of Oruro were Gas oils ($61.2M), Motor spirit (gasoline) and other light... ($32.8M), Motor vehicles for the transport of... ($10.6M), Polyethylene ($3.91M), and Polycarbonates, alkyd resins and other polyesters ($3.28M).
Destinations In December 2023, Oruro exported mostly to China ($15.8M), Japan ($5.18M), United Kingdom ($4.23M), India ($4.12M), and United States ($3.54M), and imported mostly from Chile ($64.6M), China ($37.4M), Japan ($35M), United States ($5.17M), and India ($4.58M).
Growth In December 2023, the increase in Oruro's year-by-year exports was explained primarily by an increase in exports to China ($6.59M or 71.2%), Belgium-Luxembourg ($2.63M or 449%), and South Korea ($1.5M or 315%), and product exports increase in Precious metal ores and concentrates ($3.49M or 39.1%), Buckwheat, millet and canary seed; other... ($1.07M or 28.7%), and Sodium chloride, pure, and common salt... ($70.6k or 2.05k%). In December 2023, the decrease in Oruro's year-by-year imports was explained primarily by an decrease in imports from China ($-48.4M or -56.4%), United States ($-29M or -84.9%), and India ($-5.89M or -56.2%), and product imports decrease in Industrial or laboratory furnaces and ovens,... ($-17.8M or -100%), Chemical products and preparations, n.e.s. ($-12.2M or -80.9%), and Motor vehicles for the transport of... ($-8.01M or -43%).