Overview: In January 2021 Penco exported $165k and imported $6.72M, resulting in a negative trade balance of $6.56M. Between January 2020 and January 2021 the exports of Penco have increased by $150k (1.02k%) from $14.7k to $165k, while imports decreased by $-2.47M (-26.9%) from $9.19M to $6.72M.
Trade: In January 2021, the top exports of Penco were Gas and Liquid Flow Measuring Instruments ($58.7k), Used Clothing ($46.8k), Sawn Wood ($35.3k), Bathroom Ceramics ($22.9k), and Other Plastic Products ($900). In January 2021 the top imports of Penco were Bathroom Ceramics ($1.35M), Aluminium Bars ($1.19M), Cranes ($921k), Plastic Wash Basins ($884k), and Papermaking Machines ($516k).
Destinations: In January 2021, Penco exported mostly to Sweden ($58.7k), Albania ($46.8k), Peru ($35.3k), Argentina ($22.9k), and Ecuador ($900), and imported mostly from Ecuador ($2.17M), Finland ($1.71M), China ($1.22M), United States ($734k), and Sweden ($600k).
Growth: In January 2021, the increase in Penco's year-by-year exports was explained primarily by an increase in exports to Argentina ($14.7k or 179%), and product exports increase in Bathroom Ceramics ($16.6k or 261%). In January 2021, the decrease in Penco's year-by-year imports was explained primarily by an decrease in imports from Ecuador ($-3.17M or -59.4%), Brazil ($-1.79M or -96%), and Sweden ($-221k or -26.9%), and product imports decrease in Bathroom Ceramics ($-2.98M or -68.8%), Iron Fasteners ($-830k or -88.8%), and Plastic Wash Basins ($-244k or -21.6%).