Providencia

Overview In March 2023 Providencia exported $159M and imported $689M, resulting in a negative trade balance of $530M. Between March 2022 and March 2023 the exports of Providencia have decreased by $-18.5M (-10.5%) from $177M to $159M, while imports decreased by $-358M (-34.2%) from $1.05B to $689M.

Trade In March 2023, the top exports of Providencia were Refined Copper ($21.3M), Commodities not elsewhere specified ($19.6M), Grapes ($11.4M), Vegetable Saps ($9.33M), and Corn ($7.42M). In March 2023 the top imports of Providencia were Telephones ($113M), Industrial Printers ($101M), Computers ($49.8M), Medical Instruments ($49.1M), and Packaged Medicaments ($37.8M).

Destinations In March 2023, Providencia exported mostly to United States ($50.8M), Brazil ($12.6M), China ($10.4M), Spain ($7.4M), and Argentina ($5.96M), and imported mostly from United States ($373M), Panama ($50.3M), Switzerland ($38.2M), Germany ($32.2M), and Uruguay ($21.6M).

Growth In March 2023, the decrease in Providencia's year-by-year exports was explained primarily by an decrease in exports to Heard Island and McDonald Islands ($-3.13M or -30%), Australia ($-2.64M or -92.7%), and Colombia ($-1.4M or -50.6%), and product exports decrease in Pitted Fruits ($-13M or -23.6%), Other Fruits ($-6.9M or -41.7%), and Frozen Fruits and Nuts ($-5.79M or -98.4%). In March 2023, the decrease in Providencia's year-by-year imports was explained primarily by an decrease in imports from China ($-36.3M or -53.2%), Argentina ($-36.2M or -83.2%), and Heard Island and McDonald Islands ($-8.86M or -56.6%), and product imports decrease in Rubber Tires ($-24.6M or -91.2%), Beauty Products ($-17M or -52.8%), and Blank Audio Media ($-15.6M or -66.9%).