Overview: In January 2021 Puerto Montt exported $299M and imported $17.8M, resulting in a positive trade balance of $281M. Between January 2020 and January 2021 the exports of Puerto Montt have decreased by $-44.8M (-13%) from $344M to $299M, while imports decreased by $-6.18M (-25.7%) from $24M to $17.8M.
Trade: In January 2021, the top exports of Puerto Montt were Fish Fillets ($149M), Non-fillet Frozen Fish ($85.9M), Non-fillet Fresh Fish ($41M), Animal Meal and Pellets ($4.98M), and Fish Oil ($4.51M). In January 2021 the top imports of Puerto Montt were Animal Food ($4.3M), Wheat Gluten ($4.21M), Computers ($940k), Soil Preparation Machinery ($538k), and Nitrogen Heterocyclic Compounds ($480k).
Destinations: In January 2021, Puerto Montt exported mostly to United States ($120M), Japan ($83.3M), Brazil ($34.4M), Russia ($11.4M), and Canada ($4.82M), and imported mostly from Germany ($4.92M), Spain ($4.59M), China ($2.13M), United States ($1.7M), and South Korea ($1.24M).
Growth: In January 2021, the decrease in Puerto Montt's year-by-year exports was explained primarily by an decrease in exports to China ($-18M or -93%), Russia ($-9.91M or -46.5%), and Japan ($-8.8M or -9.55%), and product exports decrease in Non-fillet Frozen Fish ($-41.5M or -32.6%), Non-fillet Fresh Fish ($-5.11M or -11.1%), and Processed Crustaceans ($-484k or -14%). In January 2021, the decrease in Puerto Montt's year-by-year imports was explained primarily by an decrease in imports from Germany ($-5.23M or -51.5%), Norway ($-3.29M or -84.7%), and Canada ($-3.24M or -99.1%), and product imports decrease in Surveying Equipment ($-2.11M or -93%), Industrial Food Preperation Machinery ($-1.82M or -81.5%), and Transmissions ($-1.78M or -83.3%).