Overview: In January 2021 Cantabria exported €192M and imported €155M, resulting in a positive trade balance of €37.8M. Between January 2020 and January 2021 the exports of Cantabria have decreased by $-52.9M (-21.6%) from €245M to €192M, while imports decreased by €-25M (-13.9%) from €180M to €155M.
Trade: In January 2021, the top exports of Cantabria were Electric Motors (€23.5M), Synthetic Rubber (€12.7M), Commodities not elsewhere specified (€12.3M), Raw Plastic Sheeting (€10.8M), and Carbonates (€10.4M). In January 2021 the top imports of Cantabria were Cars (€18.9M), Coated Flat-Rolled Iron (€7.7M), Kaolin Coated Paper (€5M), Semi-Finished Iron (€4.52M), and Mixed Mineral or Chemical Fertilizers (€3.88M).
Destinations: In January 2021, Cantabria exported mostly to France (€44.3M), Germany (€37.3M), Italy (€12.2M), Portugal (€9.72M), and United Kingdom (€6.74M), and imported mostly from Germany (€22.7M), United Kingdom (€18.5M), France (€17M), China (€11.7M), and Italy (€8.2M).
Growth: In January 2021, the decrease in Cantabria's year-by-year exports was explained primarily by an decrease in exports to France (€-52.9M or -54.4%), Ecuador (€-5.38M or -97.4%), and United Kingdom (€-5.29M or -44%), and product exports decrease in Hot-Rolled Iron Bars (€-11M or -80.8%), Commodities not elsewhere specified (€-4.55M or -27.1%), and Carbonates (€-2.31M or -18.2%). In January 2021, the decrease in Cantabria's year-by-year imports was explained primarily by an decrease in imports from Japan (€-10.1M or -70.4%), Ukraine (€-9.22M or -83.4%), and India (€-6.55M or -81.6%), and product imports decrease in Corn (€-11.1M or -97.3%), Coal Briquettes (€-7.15M or -99.1%), and Electrical Transformers (€-3M or -44.4%).