Overview: In January 2021 Providencia exported $180M and imported $685M, resulting in a negative trade balance of $504M. Between January 2020 and January 2021 the exports of Providencia have decreased by $-32.7M (-15.4%) from $213M to $180M, while imports decreased by $-101M (-12.8%) from $786M to $685M.
Trade: In January 2021, the top exports of Providencia were Pitted Fruits ($55.1M), Refined Copper ($21.1M), Other Fruits ($16.5M), Fish Fillets ($10.8M), and Non-fillet Frozen Fish ($9.39M). In January 2021 the top imports of Providencia were Telephones ($86.6M), Computers ($58.7M), Beauty Products ($32.1M), Rubber Tires ($26.9M), and Medical Instruments ($24.6M).
Destinations: In January 2021, Providencia exported mostly to China ($67.1M), United States ($28.2M), Japan ($13.2M), Heard Island and McDonald Islands ($10.4M), and South Korea ($7.13M), and imported mostly from United States ($285M), Switzerland ($103M), China ($68.3M), Argentina ($43.5M), and Germany ($22.9M).
Growth: In January 2021, the decrease in Providencia's year-by-year exports was explained primarily by an decrease in exports to United States ($-15M or -34.8%), Japan ($-11.9M or -47.5%), and Peru ($-5.34M or -65.1%), and product exports decrease in Commodities not elsewhere specified ($-13.2M or -63.6%), Fish Fillets ($-9.8M or -47.6%), and Non-fillet Frozen Fish ($-9.01M or -49%). In January 2021, the decrease in Providencia's year-by-year imports was explained primarily by an decrease in imports from United States ($-222M or -43.8%), Panama ($-39.8M or -85.5%), and Mexico ($-14.2M or -53.9%), and product imports decrease in Medical Instruments ($-103M or -80.7%), Telephones ($-80.6M or -48.2%), and Orthopedic Appliances ($-30.9M or -57.6%).