Overview: In January 2021 Recoleta exported $5.17M and imported $31.4M, resulting in a negative trade balance of $26.3M. Between January 2020 and January 2021 the exports of Recoleta have increased by $1.24M (31.5%) from $3.93M to $5.17M, while imports increased by $11.6M (58.2%) from $19.9M to $31.4M.
Trade: In January 2021, the top exports of Recoleta were Refined Copper ($3.43M), Copper Ore ($790k), Commodities not elsewhere specified ($488k), Heavy Mixed Woven Cotton ($71.1k), and Air Pumps ($67.8k). In January 2021 the top imports of Recoleta were Medical Instruments ($3.61M), Non-Knit Women's Suits ($2.32M), Pulley Systems ($1.46M), Knit T-shirts ($1.45M), and Sauces and Seasonings ($966k).
Destinations: In January 2021, Recoleta exported mostly to China ($2.82M), Canada ($1.41M), Switzerland ($298k), United States ($231k), and Argentina ($164k), and imported mostly from United States ($8.01M), China ($5.55M), France ($3.19M), Japan ($2.2M), and South Korea ($2.16M).
Growth: In January 2021, the increase in Recoleta's year-by-year exports was explained primarily by an increase in exports to China ($1.04M or 58.4%), Canada ($806k or 133%), and Argentina ($90.9k or 124%), and product exports increase in Refined Copper ($467k or 15.8%), Air Pumps ($42.4k or 166%), and Cellulose Fibers Paper ($17.8k or 10.1k%). In January 2021, the increase in Recoleta's year-by-year imports was explained primarily by an increase in imports from United States ($6.35M or 384%), France ($3.15M or 7.16k%), and South Korea ($2.12M or 5.49k%), and product imports increase in Medical Instruments ($2.62M or 267%), Non-Knit Women's Suits ($2.13M or 1.11k%), and Knit T-shirts ($1.21M or 499%).