Overview: In January 2021 Valencian Community exported €2.5B and imported €2.04B, resulting in a positive trade balance of €459M. Between January 2020 and January 2021 the exports of Valencian Community have decreased by $-6.66M (-0.27%) from €2.5B to €2.5B, while imports decreased by €-434M (-17.5%) from €2.47B to €2.04B.
Trade: In January 2021, the top exports of Valencian Community were Citrus (€357M), Cars (€310M), Unglazed Ceramics (€235M), Refined Petroleum (€69.5M), and Prepared Pigments (€66M). In January 2021 the top imports of Valencian Community were Crude Petroleum (€171M), Cars (€142M), Vehicle Parts (€71.5M), Electric Batteries (€39.1M), and Palm Oil (€37.7M).
Destinations: In January 2021, Valencian Community exported mostly to Germany (€412M), France (€354M), United Kingdom (€219M), Italy (€184M), and United States (€157M), and imported mostly from China (€328M), Germany (€162M), France (€151M), Italy (€132M), and Turkey (€128M).
Growth: In January 2021, the decrease in Valencian Community's year-by-year exports was explained primarily by an decrease in exports to United States (€-44.4M or -22%), Ireland (€-24.6M or -65.6%), and World (€-21.6M or -64.6%), and product exports decrease in Refined Petroleum (€-35.6M or -33.8%), Electrical Transformers (€-31.2M or -64.9%), and Leather Footwear (€-21.8M or -30%). In January 2021, the decrease in Valencian Community's year-by-year imports was explained primarily by an decrease in imports from United Kingdom (€-106M or -73.5%), United States (€-90.6M or -41.6%), and Germany (€-51.4M or -24%), and product imports decrease in Cars (€-70.1M or -33.1%), Other Nuts (€-56.7M or -60.1%), and Vehicle Parts (€-52.1M or -42.1%).