Overview: In January 2021 Renca exported $18.2M and imported $237M, resulting in a negative trade balance of $219M. Between January 2020 and January 2021 the exports of Renca have decreased by $-177M (-90.6%) from $195M to $18.2M, while imports increased by $150M (172%) from $87.2M to $237M.
Trade: In January 2021, the top exports of Renca were Commodities not elsewhere specified ($11.7M), Packaged Medicaments ($1.48M), Plastic Pipes ($862k), Chlorides ($780k), and Chlorates and Perchlorates ($755k). In January 2021 the top imports of Renca were Other Hand Tools ($27.8M), Interchangeable Tool Parts ($19.7M), Wrenches ($15.6M), Other Plastic Products ($12.1M), and Hand Saws ($10.7M).
Destinations: In January 2021, Renca exported mostly to Peru ($7.65M), Colombia ($4.38M), Ecuador ($1.85M), Areas ($881k), and China ($631k), and imported mostly from Taiwan ($130M), China ($25.2M), United States ($19.3M), Brazil ($16.9M), and Paraguay ($6.46M).
Growth: In January 2021, the decrease in Renca's year-by-year exports was explained primarily by an decrease in exports to Areas ($-145M or -99.4%), Peru ($-16M or -67.7%), and Argentina ($-6.39M or -95.7%), and product exports decrease in Commodities not elsewhere specified ($-173M or -93.7%), Chlorides ($-1.92M or -71.1%), and Packaged Medicaments ($-590k or -28.6%). In January 2021, the increase in Renca's year-by-year imports was explained primarily by an increase in imports from Taiwan ($130M or 188k%), Brazil ($10.3M or 156%), and United States ($9.04M or 88.3%), and product imports increase in Other Hand Tools ($27.6M or 22.6k%), Interchangeable Tool Parts ($19.6M or 21.1k%), and Other Plastic Products ($10.7M or 759%).