Overview: In February 2021 Valparaíso exported $8.81M and imported $302k, resulting in a positive trade balance of $8.51M. Between February 2020 and February 2021 the exports of Valparaíso have increased by $2.74M (45.2%) from $6.07M to $8.81M, while imports decreased by $-15.4k (-4.85%) from $317k to $302k.
Trade: In February 2021, the top exports of Valparaíso were Iron Ore ($1.56B), Iron Ore ($1.05B), Crude Petroleum ($902M), Soybeans ($625M), and Crude Petroleum ($464M). In February 2021 the top imports of Valparaíso were Special Purpose Ships ($1.43B), Telephones ($192M), Vehicle Parts ($190M), Electricity ($189M), and Blood, antisera, vaccines, toxins and cultures ($180M).
Destinations: In February 2021, Valparaíso exported mostly to Iran ($4.44M), Algeria ($2.59M), South Korea ($1.26M), Chile ($444k), and Peru ($36.5k), and imported mostly from China ($288k), Japan ($7.77k), and United States ($6.22k).
Growth: In February 2021, the increase in Valparaíso's year-by-year exports was explained primarily by an increase in exports to China ($555M or 10.7k%), China ($473M or 73.2%), and China ($380M or 101%), and product exports increase in Iron Ore ($656M or 72.6%), Iron Ore ($593M or 129%), and Soybeans ($288M or 5.57k%). In February 2021, the decrease in Valparaíso's year-by-year imports was explained primarily by an decrease in imports from United States ($-972M or -74.1%), United States ($-253M or -29.7%), and United Kingdom ($-143M or -84.7%), and product imports decrease in Other Construction Vehicles ($-1.19B or -100%), Flexible Metal Tubing ($-265M or -75.6%), and Valves ($-154M or -66.3%).