Overview: In January 2021 Coquimbo exported $210M and imported $11.6M, resulting in a positive trade balance of $198M. Between January 2020 and January 2021 the exports of Coquimbo have increased by $60.6M (40.6%) from $149M to $210M, while imports increased by $2.19M (23.2%) from $9.43M to $11.6M.
Trade: In January 2021, the top exports of Coquimbo were Iron Ore ($145M), Copper Ore ($48.5M), Grapes ($5.34M), Scrap Copper ($1.92M), and Fruit Juice ($1.82M). In January 2021 the top imports of Coquimbo were Non-Knit Women's Suits ($1.17M), Non-Knit Women's Shirts ($964k), Lifting Machinery ($331k), Other Hand Tools ($326k), and Wrenches ($316k).
Destinations: In January 2021, Coquimbo exported mostly to China ($131M), Germany ($45.3M), Japan ($20M), United States ($5.87M), and South Korea ($1.75M), and imported mostly from Chile ($3.67M), China ($3.07M), Italy ($2.51M), United States ($866k), and Brazil ($359k).
Growth: In January 2021, the increase in Coquimbo's year-by-year exports was explained primarily by an increase in exports to China ($38.3M or 41.2%), Japan ($18.2M or 1.02k%), and Germany ($6.92M or 18%), and product exports increase in Iron Ore ($55.6M or 62.4%), Copper Ore ($5.18M or 11.9%), and Scrap Copper ($903k or 88.7%). In January 2021, the increase in Coquimbo's year-by-year imports was explained primarily by an increase in imports from Italy ($2.22M or 761%), China ($1.54M or 100%), and Chile ($753k or 25.8%), and product imports increase in Non-Knit Women's Suits ($1.08M or 1.1k%), Non-Knit Women's Shirts ($932k or 2.95k%), and Telephones ($248k or 7.25k%).