Overview: In January 2021 Punta Arenas exported $13.6M and imported $6.99M, resulting in a positive trade balance of $6.65M. Between January 2020 and January 2021 the exports of Punta Arenas have decreased by $-3.99M (-22.6%) from $17.6M to $13.6M, while imports decreased by $-28.8M (-80.5%) from $35.8M to $6.99M.
Trade: In January 2021, the top exports of Punta Arenas were Non-fillet Frozen Fish ($4.52M), Fish Fillets ($4.31M), Wool ($1.85M), Sheep and Goat Meat ($1.22M), and Commodities not elsewhere specified ($929k). In January 2021 the top imports of Punta Arenas were Coated Flat-Rolled Iron ($1.01M), Other Plastic Products ($756k), Twine and Rope ($386k), Centrifuges ($369k), and Opto-Electric Instrument Parts ($283k).
Destinations: In January 2021, Punta Arenas exported mostly to United States ($3.51M), Spain ($2.22M), Czechia ($1.33M), China ($1.27M), and Brazil ($1.11M), and imported mostly from Spain ($4.43M), China ($1.25M), United States ($459k), Heard Island and McDonald Islands ($369k), and Chile ($228k).
Growth: In January 2021, the decrease in Punta Arenas's year-by-year exports was explained primarily by an decrease in exports to China ($-2.5M or -66.4%), Areas ($-1.98M or -81.9%), and Chile ($-686k or -95.1%), and product exports decrease in Commodities not elsewhere specified ($-2.84M or -75.4%), Animal Meal and Pellets ($-149k or -78.5%), and Crustaceans ($-51.4k or -50.6%). In January 2021, the decrease in Punta Arenas's year-by-year imports was explained primarily by an decrease in imports from Heard Island and McDonald Islands ($-31.5M or -98.8%), and product imports decrease in Portable Lighting ($-97.3k or -98.2%), Air Pumps ($-79.8k or -80.5%), and Engine Parts ($-68.4k or -99.6%).