Overview: In January 2021 Talcahuano exported $24.7M and imported $2.88M, resulting in a positive trade balance of $21.8M. Between January 2020 and January 2021 the exports of Talcahuano have decreased by $-17.7M (-41.7%) from $42.3M to $24.7M, while imports decreased by $-6.64M (-69.7%) from $9.52M to $2.88M.
Trade: In January 2021, the top exports of Talcahuano were Other Steel Bars ($7.6M), Hot-Rolled Iron Bars ($6.29M), Other Iron Products ($3.98M), Fuel Wood ($3.49M), and Fish Fillets ($656k). In January 2021 the top imports of Talcahuano were Interchangeable Tool Parts ($390k), Pasta ($235k), Valves ($216k), Medical Instruments ($204k), and Centrifuges ($193k).
Destinations: In January 2021, Talcahuano exported mostly to Peru ($9.76M), Ecuador ($5.33M), Brazil ($3.7M), China ($3.54M), and Argentina ($674k), and imported mostly from United States ($906k), Spain ($417k), Belize ($331k), South Korea ($224k), and China ($219k).
Growth: In January 2021, the decrease in Talcahuano's year-by-year exports was explained primarily by an decrease in exports to Panama ($-8.31M or -99.8%), China ($-6.44M or -64.5%), and Peru ($-3.64M or -27.2%), and product exports decrease in Fuel Wood ($-6.05M or -63.4%), Other Iron Products ($-5.97M or -60%), and Other Steel Bars ($-5.02M or -39.8%). In January 2021, the decrease in Talcahuano's year-by-year imports was explained primarily by an decrease in imports from China ($-3.01M or -93.2%), Austria ($-1.56M or -92.5%), and United States ($-1.31M or -59.1%), and product imports decrease in Other Iron Products ($-1.4M or -99.9%), Transmissions ($-859k or -82.5%), and Metal-Rolling Mills ($-307k or -85.6%).