Providencia

Overview In August 2024 Providencia exported $206M and imported $598M, resulting in a negative trade balance of $392M. Between August 2023 and August 2024 the exports of Providencia have increased by $69.1M (50.6%) from $137M to $206M, while imports decreased by $-143M (-19.3%) from $741M to $598M.

Trade In August 2024, the top exports of Providencia were Refined Copper ($82.5M), Commodities not elsewhere specified ($20.7M), Apples and Pears ($17M), Propylene Polymers ($11M), and Vegetable Saps ($8.08M). In August 2024 the top imports of Providencia were Telephones ($61.9M), Computers ($50.9M), Orthopedic Appliances ($42.7M), Medical Instruments ($38.6M), and Industrial Printers ($34.4M).

Destinations In August 2024, Providencia exported mostly to United States ($91.4M), Brazil ($13.8M), China ($10.2M), Peru ($7.75M), and Japan ($7.01M), and imported mostly from United States ($261M), Panama ($73.2M), Switzerland ($43.2M), Germany ($42.6M), and Uruguay ($17.3M).

Growth In August 2024, the increase in Providencia's year-by-year exports was explained primarily by an increase in exports to United States ($54.6M or 149%), Brazil ($7.32M or 113%), and South Korea ($5.44M or 388%), and product exports increase in Refined Copper ($57.9M or 234%), Propylene Polymers ($9.25M or 524%), and Fish oil ($3.24M or 99.7%). In August 2024, the decrease in Providencia's year-by-year imports was explained primarily by an decrease in imports from United States ($-72.3M or -21.7%), Paraguay ($-22.8M or -77.3%), and France ($-15.7M or -71%), and product imports decrease in Bovine Meat ($-33.5M or -77.6%), Oscilloscopes ($-25.7M or -86.1%), and Computers ($-15.8M or -23.6%).