Overview: In January 2021 Rancagua exported $108M and imported $23.7M, resulting in a positive trade balance of $84.3M. Between January 2020 and January 2021 the exports of Rancagua have decreased by $-25.8M (-19.3%) from $134M to $108M, while imports increased by $10.3M (77.3%) from $13.4M to $23.7M.
Trade: In January 2021, the top exports of Rancagua were Pig Meat ($29M), Pitted Fruits ($20.8M), Poultry Meat ($19.5M), Non-fillet Frozen Fish ($15.9M), and Edible Offal ($6.08M). In January 2021 the top imports of Rancagua were Yeast ($5.21M), Enzymes ($1.74M), Synthetic Tanning Extracts ($1.61M), Bovine Meat ($1.26M), and Transmissions ($1.07M).
Destinations: In January 2021, Rancagua exported mostly to China ($54.2M), Japan ($17.1M), United States ($11.2M), South Korea ($4.2M), and Mexico ($3.97M), and imported mostly from Spain ($13M), Italy ($3.58M), China ($2.16M), Paraguay ($1.85M), and Brazil ($1.09M).
Growth: In January 2021, the decrease in Rancagua's year-by-year exports was explained primarily by an decrease in exports to China ($-21.2M or -28.1%), South Korea ($-9.25M or -68.8%), and Germany ($-4.84M or -80.9%), and product exports decrease in Pig Meat ($-21.2M or -42.3%), Poultry Meat ($-15M or -43.6%), and Edible Offal ($-2.41M or -28.3%). In January 2021, the increase in Rancagua's year-by-year imports was explained primarily by an increase in imports from Spain ($11.6M or 793%), Italy ($2.11M or 144%), and Paraguay ($1.78M or 2.64k%), and product imports increase in Yeast ($4.98M or 2.11k%), Enzymes ($1.71M or 8.33k%), and Synthetic Tanning Extracts ($1.29M or 412%).