Overview In December 2023 Santa Cruz exported $234M and imported $353M, resulting in a negative trade balance of $118M. Between December 2022 and December 2023 the exports of Santa Cruz have decreased by $-65.6M (-21.9%) from $300M to $234M, while imports decreased by $-109M (-23.7%) from $462M to $353M.
Trade In December 2023, the top exports of Santa Cruz were Oilcake and other solid residues (except... ($63.3M), Natural gas, in the gaseous state ($59.4M), Soya bean oil and its fractions ($34.4M), Meat of bovine animals, frozen ($18.6M), and Sunflower seed or safflower oil and... ($10.3M). In December 2023 the top imports of Santa Cruz were Motor spirit (gasoline) and other light... ($21.5M), Motor vehicles for the transport of... ($19.4M), Insecticides put up in forms or... ($15.5M), Food preparations, n.e.s. ($9.98M), and Motor vehicles for the transport of... ($9.04M).
Destinations In December 2023, Santa Cruz exported mostly to Brazil ($50.9M), Colombia ($48.8M), Peru ($46.7M), China ($21.1M), and Ecuador ($20.4M), and imported mostly from Brazil ($140M), China ($59.7M), United States ($19.4M), Germany ($15.4M), and Argentina ($12.6M).
Growth In December 2023, the decrease in Santa Cruz's year-by-year exports was explained primarily by an decrease in exports to Argentina ($-23.8M or -63.2%), Ecuador ($-20.5M or -50.1%), and Hong Kong ($-13.3M or -92.7%), and product exports decrease in Natural gas, in the gaseous state ($-31.8M or -34.9%), Soya bean oil and its fractions ($-19.7M or -36.4%), and Gold, non-monetary (excluding gold ores and... ($-12.7M or -67.7%). In December 2023, the decrease in Santa Cruz's year-by-year imports was explained primarily by an decrease in imports from Brazil ($-89.3M or -39%), China ($-16.9M or -22.1%), and United States ($-10.8M or -35.8%), and product imports decrease in Harvesting or threshing machinery (including straw... ($-8.64M or -84.1%), Insecticides put up in forms or... ($-6.17M or -28.5%), and Mechanical shovels, excavators and shovel-loaders, self-propelled ($-5.98M or -72.9%).