Overview: In January 2021 Los Andes exported $4.65M and imported $1.31M, resulting in a positive trade balance of $3.34M. Between January 2020 and January 2021 the exports of Los Andes have decreased by $-89.8k (-1.89%) from $4.74M to $4.65M, while imports decreased by $-88.3k (-6.33%) from $1.4M to $1.31M.
Trade: In January 2021, the top exports of Los Andes were Vehicle Parts ($4M), Grapes ($631k), and Other Iron Products ($16.9k). In January 2021 the top imports of Los Andes were Vehicle Parts ($461k), Other Furniture ($108k), Insulated Wire ($59.8k), Metalworking Machine Parts ($49.1k), and Interior Decorative Glassware ($40.6k).
Destinations: In January 2021, Los Andes exported mostly to Brazil ($2.6M), Argentina ($598k), Colombia ($569k), Japan ($305k), and Mexico ($297k), and imported mostly from United States ($343k), Brazil ($274k), Germany ($215k), Argentina ($155k), and Italy ($122k).
Growth: In January 2021, the decrease in Los Andes's year-by-year exports was explained primarily by an decrease in exports to Argentina ($-548k or -47.8%), Brazil ($-390k or -13%), and United States ($-144k or -47.6%), and product exports decrease in Vehicle Parts ($-354k or -8.14%). In January 2021, the decrease in Los Andes's year-by-year imports was explained primarily by an decrease in imports from Argentina ($-924k or -85.6%) and China ($-97.7k or -89.2%), and product imports decrease in Vehicle Parts ($-515k or -52.8%), Packaged Medicaments ($-14.6k or -36.3%), and Electric Motors ($-6.01k or -92.2%).