Overview: In January 2021 Del Biobio exported $92.3M and imported $68.6M, resulting in a positive trade balance of $23.7M. Between January 2020 and January 2021 the exports of Del Biobio have decreased by $-51.4M (-35.8%) from $144M to $92.3M, while imports decreased by $-2.64M (-3.71%) from $71.2M to $68.6M.
Trade: In January 2021, the top exports of Del Biobio were Sawn Wood ($26M), Other Fruits ($8M), Other Steel Bars ($7.6M), Pitted Fruits ($7.54M), and Hot-Rolled Iron Bars ($6.29M). In January 2021 the top imports of Del Biobio were Fish Oil ($4.25M), Leather Footwear ($3.97M), Valves ($3.2M), Planes, Helicopters, and/or Spacecraft ($1.98M), and Medical Instruments ($1.97M).
Destinations: In January 2021, Del Biobio exported mostly to China ($20.6M), United States ($15.8M), Peru ($11.4M), Vietnam ($7.5M), and South Korea ($6.53M), and imported mostly from United States ($22.1M), China ($11.7M), Hong Kong ($4.12M), Canada ($2.48M), and Ecuador ($2.33M).
Growth: In January 2021, the decrease in Del Biobio's year-by-year exports was explained primarily by an decrease in exports to Japan ($-16.6M or -96.3%), Mexico ($-12.5M or -90.8%), and Panama ($-8.66M or -99.3%), and product exports decrease in Fuel Wood ($-15.9M or -82%), Sawn Wood ($-8.53M or -24.7%), and Other Iron Products ($-6.27M or -60.1%). In January 2021, the decrease in Del Biobio's year-by-year imports was explained primarily by an decrease in imports from China ($-13.1M or -52.7%), Ecuador ($-3.02M or -56.5%), and Brazil ($-2.26M or -51%), and product imports decrease in Liquid Pumps ($-5.4M or -78.7%), Bathroom Ceramics ($-2.98M or -68.8%), and Iron Chains ($-1.56M or -97.7%).