Overview In October 2022 Alava exported €871M and imported €462M, resulting in a positive trade balance of €409M. Between October 2021 and October 2022 the exports of Alava have increased by $187M (27.3%) from €684M to €871M, while imports increased by €39.4M (9.34%) from €422M to €462M.
Trade In October 2022, the top exports of Alava were Cars (€298M), Delivery Trucks (€150M), Iron Pipes (€55.9M), Motor vehicles; parts and accessories (8701... (€50M), and Rubber Tires (€37.5M). In October 2022 the top imports of Alava were Combustion Engines (€44.9M), Motor vehicles; parts and accessories (8701... (€37.1M), Electric Batteries (€35.3M), Insulated Wire (€12.5M), and Iron Pipes (€8.58M).
Destinations In October 2022, Alava exported mostly to Germany (€262M), France (€88.2M), United States (€53.6M), United Kingdom (€50.2M), and Italy (€35.9M), and imported mostly from Germany (€125M), China (€61.6M), France (€52.1M), Italy (€29.1M), and Netherlands (€22.7M).
Growth In October 2022, the increase in Alava's year-by-year exports was explained primarily by an increase in exports to Belgium (€8.04M or 39.7%), Russia (€7.91M or 69.4%), and Norway (€6.7M or 106%), and product exports increase in Delivery Trucks (€16.5M or 13.5%), Copper Wire (€2.14M or 5.5k%), and Plastic Pipes (€2M or 52.5%). In October 2022, the increase in Alava's year-by-year imports was explained primarily by an increase in imports from Thailand (€2.85M or 435%), China (€1.59M or 8.21%), and Germany (€1.19M or 1.2%), and product imports increase in Combustion Engines (€5.98M or 19.5%), Electric Motors (€3.81M or 212%), and Sports Equipment (€2.68M or 233%).