Overview: In January 2021 San Felipe exported $5.27M and imported $440k, resulting in a positive trade balance of $4.83M. Between January 2020 and January 2021 the exports of San Felipe have decreased by $-1.18M (-18.3%) from $6.45M to $5.27M, while imports increased by $322k (273%) from $118k to $440k.
Trade: In January 2021, the top exports of San Felipe were Onions ($1.82M), Grapes ($1.59M), Other Nuts ($1.26M), Tropical Fruits ($260k), and Pitted Fruits ($230k). In January 2021 the top imports of San Felipe were Jewellery ($167k), Electric Soldering Equipment ($154k), Fairground Amusements ($110k), Industrial Printers ($7.85k), and Liquid Pumps ($540).
Destinations: In January 2021, San Felipe exported mostly to Mexico ($1.9M), United States ($678k), France ($402k), Russia ($302k), and Ecuador ($302k), and imported mostly from United States ($155k), Peru ($110k), Italy ($78.5k), Thailand ($66k), and Panama ($22.9k).
Growth: In January 2021, the decrease in San Felipe's year-by-year exports was explained primarily by an decrease in exports to United States ($-643k or -48.7%), Heard Island and McDonald Islands ($-620k or -80%), and Ecuador ($-287k or -48.8%), and product exports decrease in Grapes ($-1.09M or -40.8%), Tropical Fruits ($-705k or -73.1%), and Dried Fruits ($-339k or -81.7%). In January 2021, the increase in San Felipe's year-by-year imports was explained primarily by an increase in imports from United States ($126k or 442%), Italy ($57.1k or 266%), and Thailand ($48.7k or 282%), and product imports increase in Jewellery ($130k or 343%).