Overview: In January 2021 Alava exported €552M and imported €292M, resulting in a positive trade balance of €260M. Between January 2020 and January 2021 the exports of Alava have decreased by $-72M (-11.5%) from €624M to €552M, while imports decreased by €-46.8M (-13.8%) from €339M to €292M.
Trade: In January 2021, the top exports of Alava were Cars (€182M), Delivery Trucks (€139M), Rubber Tires (€30.9M), Vehicle Parts (€15.4M), and Wine (€12.3M). In January 2021 the top imports of Alava were Combustion Engines (€36.7M), Vehicle Parts (€34.6M), Electrical Lighting and Signalling Equipment (€6.37M), Insulated Wire (€6.29M), and Electric Motors (€5.59M).
Destinations: In January 2021, Alava exported mostly to Germany (€193M), France (€84.5M), United Kingdom (€35.3M), Belgium (€28.2M), and Portugal (€19.5M), and imported mostly from Germany (€96M), France (€40M), China (€21M), Italy (€17M), and Portugal (€12.7M).
Growth: In January 2021, the decrease in Alava's year-by-year exports was explained primarily by an decrease in exports to United States (€-19.2M or -64.5%), Germany (€-11.4M or -5.56%), and Italy (€-9.22M or -33.8%), and product exports decrease in Electrical Ignitions (€-16.9M or -94.8%), Electric Motors (€-12.7M or -99.9%), and Iron Pipes (€-10.2M or -51.6%). In January 2021, the decrease in Alava's year-by-year imports was explained primarily by an decrease in imports from France (€-10.1M or -20.1%), United States (€-4.38M or -55.5%), and Germany (€-3.66M or -3.67%), and product imports decrease in Jewellery (€-6.1M or -93.4%), Spark-Ignition Engines (€-5.12M or -76.2%), and Liquid Pumps (€-4.43M or -60.7%).