Overview: In January 2021 Cádiz exported €403M and imported €554M, resulting in a negative trade balance of €151M. Between January 2020 and January 2021 the exports of Cádiz have decreased by $-146M (-26.7%) from €549M to €403M, while imports decreased by €-302M (-35.3%) from €856M to €554M.
Trade: In January 2021, the top exports of Cádiz were Refined Petroleum (€176M), Large Flat-Rolled Stainless Steel (€58.2M), Insulated Wire (€21M), Polycarboxylic Acids (€12M), and Commodities not elsewhere specified (€9.06M). In January 2021 the top imports of Cádiz were Crude Petroleum (€261M), Refined Petroleum (€66.3M), Petroleum Gas (€47.6M), Ferroalloys (€34.5M), and Scrap Iron (€23.1M).
Destinations: In January 2021, Cádiz exported mostly to World (€68.2M), Morocco (€50.4M), Taiwan (€36.1M), Italy (€31.6M), and United States (€29M), and imported mostly from Nigeria (€217M), Saudi Arabia (€63.5M), Algeria (€63.2M), Russia (€22.9M), and Morocco (€18.2M).
Growth: In January 2021, the decrease in Cádiz's year-by-year exports was explained primarily by an decrease in exports to World (€-73.5M or -51.9%), United Kingdom (€-30.8M or -78.5%), and Dominican Republic (€-13.7M or -95.5%), and product exports decrease in Refined Petroleum (€-43.4M or -19.8%), Commodities not elsewhere specified (€-38.3M or -80.9%), and Insulated Wire (€-18M or -46.2%). In January 2021, the decrease in Cádiz's year-by-year imports was explained primarily by an decrease in imports from Brazil (€-128M or -96.5%), United States (€-64.1M or -92%), and Algeria (€-54.6M or -46.3%), and product imports decrease in Crude Petroleum (€-166M or -38.8%), Petroleum Gas (€-70.2M or -59.6%), and Raw Sugar (€-13.7M or -99.4%).