Overview: In January 2021 Nogales exported $1.18M and imported $104k, resulting in a positive trade balance of $1.08M. Between January 2020 and January 2021 the exports of Nogales have increased by $471k (66%) from $714k to $1.18M, while imports increased by $12.3k (13.3%) from $92k to $104k.
Trade: In January 2021, the top exports of Nogales were Sowing Seeds ($553k), Sunflower Seeds ($405k), and Commodities not elsewhere specified ($227k). In January 2021 the top imports of Nogales were Sowing Seeds ($63.1k), Peat ($40.3k), Perfume Plants ($443), and Sunflower Seeds ($356).
Destinations: In January 2021, Nogales exported mostly to Japan ($862k) and United States ($323k), and imported mostly from Japan ($53k), Denmark ($27.2k), Germany ($13.2k), Heard Island and McDonald Islands ($9.79k), and United States ($1.1k).
Growth: In January 2021, the increase in Nogales's year-by-year exports was explained primarily by an increase in exports to Japan ($405k or 88.4%) and United States ($138k or 74.4%), and product exports increase in Sunflower Seeds ($286k or 242%), Sowing Seeds ($203k or 58.1%), and Commodities not elsewhere specified ($42k or 22.7%). In January 2021, the increase in Nogales's year-by-year imports was explained primarily by an increase in imports from , and product imports increase in .