Overview: In January 2021 Iquique exported $11.9M and imported $6.04M, resulting in a positive trade balance of $5.89M. Between January 2020 and January 2021 the exports of Iquique have decreased by $-31.4M (-72.4%) from $43.3M to $11.9M, while imports increased by $3.21M (114%) from $2.83M to $6.04M.
Trade: In January 2021, the top exports of Iquique were Refined Copper ($3.05M), Scrap Iron ($1.59M), Nitrites and Nitrates ($1.08M), Animal Meal and Pellets ($942k), and Stranded Copper Wire ($739k). In January 2021 the top imports of Iquique were Vehicle Parts ($791k), Video and Card Games ($707k), Railway Cargo Containers ($303k), Blank Audio Media ($274k), and Other Rubber Products ($267k).
Destinations: In January 2021, Iquique exported mostly to China ($2.81M), South Korea ($1.47M), Spain ($1.27M), Bangladesh ($950k), and Japan ($942k), and imported mostly from United States ($2.79M), Chile ($1.48M), China ($1.35M), Heard Island and McDonald Islands ($286k), and Poland ($49.8k).
Growth: In January 2021, the decrease in Iquique's year-by-year exports was explained primarily by an decrease in exports to China ($-30M or -91.4%), Thailand ($-1.54M or -96.5%), and United States ($-1.12M or -95.5%), and product exports decrease in Refined Copper ($-3.45M or -53%), Scrap Iron ($-1.96M or -55.2%), and Commodities not elsewhere specified ($-478k or -97.4%). In January 2021, the increase in Iquique's year-by-year imports was explained primarily by an increase in imports from United States ($2.17M or 349%), China ($734k or 120%), and Chile ($310k or 26.5%), and product imports increase in Vehicle Parts ($597k or 308%), Other Rubber Products ($262k or 5.65k%), and Railway Cargo Containers ($241k or 384%).