Overview: In January 2021 Valparaiso exported $70.2M and imported $53M, resulting in a positive trade balance of $17.2M. Between January 2020 and January 2021 the exports of Valparaiso have decreased by $-25.4M (-26.5%) from $95.6M to $70.2M, while imports increased by $2.71M (5.39%) from $50.3M to $53M.
Trade: In January 2021, the top exports of Valparaiso were Commodities not elsewhere specified ($9.92M), Tropical Fruits ($9.52M), Wine ($8.38M), Onions ($5.36M), and Other Vegetable Products ($4.84M). In January 2021 the top imports of Valparaiso were Railway Cargo Containers ($7.18M), Medical Instruments ($2.85M), Other Plastic Products ($1.92M), Office Machine Parts ($1.6M), and Stone Processing Machines ($1.26M).
Destinations: In January 2021, Valparaiso exported mostly to United States ($8.23M), China ($7.45M), Brazil ($7.2M), Mexico ($6.57M), and Argentina ($5.58M), and imported mostly from United States ($16.2M), China ($10.6M), France ($4.6M), Heard Island and McDonald Islands ($2.62M), and Brazil ($2.48M).
Growth: In January 2021, the decrease in Valparaiso's year-by-year exports was explained primarily by an decrease in exports to Areas ($-8.6M or -68.1%), Heard Island and McDonald Islands ($-6.66M or -59.2%), and Panama ($-3.42M or -88%), and product exports decrease in Commodities not elsewhere specified ($-14.4M or -59.2%), Tropical Fruits ($-6.33M or -39.9%), and Grapes ($-2.78M or -42%). In January 2021, the increase in Valparaiso's year-by-year imports was explained primarily by an increase in imports from China ($7.3M or 224%), United States ($4.4M or 37.4%), and France ($2.7M or 142%), and product imports increase in Other Plastic Products ($1.69M or 753%), Office Machine Parts ($1.59M or 12k%), and Medical Instruments ($1.07M or 59.9%).