Overview: In January 2021 Granada exported €111M and imported €60.9M, resulting in a positive trade balance of €49.7M. Between January 2020 and January 2021 the exports of Granada have decreased by $-1.98M (-1.76%) from €113M to €111M, while imports decreased by €-25.5M (-29.5%) from €86.3M to €60.9M.
Trade: In January 2021, the top exports of Granada were Pure Olive Oil (€14.8M), Tomatoes (€14.3M), Cucumbers (€13.6M), Other Edible Preparations (€7.31M), and Tropical Fruits (€6.2M). In January 2021 the top imports of Granada were Nitrogenous Fertilizers (€2.83M), Other Vegetables (€2.74M), Molasses (€2.61M), Nitrites and Nitrates (€2.26M), and Rubber Tires (€2.16M).
Destinations: In January 2021, Granada exported mostly to Germany (€17M), Netherlands (€15.5M), France (€12.2M), Italy (€11.2M), and Portugal (€6.6M), and imported mostly from China (€11.8M), Germany (€5.27M), France (€3.94M), Netherlands (€3.47M), and Portugal (€3.3M).
Growth: In January 2021, the decrease in Granada's year-by-year exports was explained primarily by an decrease in exports to United Kingdom (€-4.03M or -53.6%), Germany (€-1.35M or -7.36%), and Kuwait (€-1.03M or -96.8%), and product exports decrease in Cucumbers (€-4.69M or -25.6%), Tomatoes (€-3.28M or -18.6%), and Small Iron Containers (€-1.69M or -85.7%). In January 2021, the decrease in Granada's year-by-year imports was explained primarily by an decrease in imports from Portugal (€-15.9M or -82.8%), Germany (€-8.33M or -61.2%), and Sweden (€-1.8M or -52.4%), and product imports decrease in Refined Petroleum (€-14.2M or -99.5%), Electrical Control Boards (€-4.68M or -99.7%), and Lifting Machinery (€-3.23M or -92.4%).