Overview: In January 2021 Independencia exported $798k and imported $27.8M, resulting in a negative trade balance of $27M. Between January 2020 and January 2021 the exports of Independencia have decreased by $-305k (-27.7%) from $1.1M to $798k, while imports increased by $8.96M (47.6%) from $18.8M to $27.8M.
Trade: In January 2021, the top exports of Independencia were Packaged Medicaments ($362k), Recovered Paper ($90k), Blood, antisera, vaccines, toxins and cultures ($82.3k), Aluminium Structures ($70k), and Excavation Machinery ($67.2k). In January 2021 the top imports of Independencia were Computers ($8.09M), Microphones and Headphones ($5.3M), Broadcasting Equipment ($2.39M), Low-voltage Protection Equipment ($2.14M), and Seats ($1.27M).
Destinations: In January 2021, Independencia exported mostly to Ecuador ($278k), Argentina ($172k), Paraguay ($129k), United States ($82k), and Brazil ($76.4k), and imported mostly from United States ($16.1M), China ($3.02M), Italy ($1.82M), Argentina ($1.48M), and Hong Kong ($1.2M).
Growth: In January 2021, the decrease in Independencia's year-by-year exports was explained primarily by an decrease in exports to Argentina ($-88.9k or -34%), Colombia ($-35.2k or -78.1%), and United States ($-16.7k or -16.9%), and product exports decrease in Packaged Medicaments ($-144k or -28.4%), High-voltage Protection Equipment ($-41.3k or -44%), and Heavy Synthetic Cotton Fabrics ($-33.2k or -44.2%). In January 2021, the increase in Independencia's year-by-year imports was explained primarily by an increase in imports from United States ($15.1M or 1.47k%), Italy ($1.17M or 179%), and Taiwan ($1M or 62.1k%), and product imports increase in Computers ($7.74M or 2.19k%), Microphones and Headphones ($4.26M or 412%), and Broadcasting Equipment ($2.35M or 6.89k%).