Overview: In January 2021 Coquimbo exported $10.5M and imported $6.01M, resulting in a positive trade balance of $4.46M. Between January 2020 and January 2021 the exports of Coquimbo have increased by $784k (8.09%) from $9.69M to $10.5M, while imports increased by $2.48M (70%) from $3.54M to $6.01M.
Trade: In January 2021, the top exports of Coquimbo were Copper Ore ($3.27M), Scrap Copper ($1.92M), Locust beans, seaweed, sugar beet, cane,... ($1.18M), Processed Crustaceans ($1.14M), and Sulfates ($1.04M). In January 2021 the top imports of Coquimbo were Non-Knit Women's Suits ($1.07M), Non-Knit Women's Shirts ($951k), Lifting Machinery ($331k), Rubber Tires ($307k), and Machinery Having Individual Functions ($257k).
Destinations: In January 2021, Coquimbo exported mostly to China ($5.01M), United States ($1.29M), South Korea ($1.13M), Denmark ($694k), and Belize ($457k), and imported mostly from Italy ($2.47M), China ($2.07M), United States ($586k), France ($233k), and Chile ($169k).
Growth: In January 2021, the increase in Coquimbo's year-by-year exports was explained primarily by an increase in exports to China ($1.88M or 60.1%), South Korea ($1.11M or 7.31k%), and Denmark ($445k or 179%), and product exports increase in Copper Ore ($1.56M or 91.6%), Scrap Copper ($903k or 88.7%), and Scrap Aluminium ($262k or 87%). In January 2021, the increase in Coquimbo's year-by-year imports was explained primarily by an increase in imports from China ($1.77M or 599%), France ($233k or 38.8k%), and Brazil ($136k or 1.75k%), and product imports increase in Non-Knit Women's Suits ($972k or 994%), Non-Knit Women's Shirts ($920k or 2.91k%), and Electric Heaters ($212k or 4.73k%).