Overview In August 2021 Guipúzcoa exported €443M and imported €293M, resulting in a positive trade balance of €150M. Between August 2020 and August 2021 the exports of Guipúzcoa have decreased by $-16.8M (-3.65%) from €460M to €443M, while imports increased by €55.4M (23.3%) from €238M to €293M.
Trade In August 2021, the top exports of Guipúzcoa were Vehicle Parts (€45.3M), Iron Blocks (€28.9M), Valves (€24.1M), Washing and Bottling Machines (€14M), and Padlocks (€10.5M). In August 2021 the top imports of Guipúzcoa were Sulfate Chemical Woodpulp (€11.4M), Non-fillet Fresh Fish (€9.14M), Valves (€8.44M), Locomotive Parts (€8.11M), and Vehicle Parts (€7.62M).
Destinations In August 2021, Guipúzcoa exported mostly to France (€76.6M), Germany (€47.9M), United States (€27.3M), United Kingdom (€25.8M), and Portugal (€23.4M), and imported mostly from Germany (€50.9M), China (€46.3M), France (€42.1M), Italy (€21M), and Sweden (€18.5M).
Growth In August 2021, the decrease in Guipúzcoa's year-by-year exports was explained primarily by an decrease in exports to Netherlands (€-32M or -78.2%), Canada (€-8.03M or -75.8%), and China (€-6.71M or -37.6%), and product exports decrease in Locomotive Parts (€-57.9M or -88.5%), Metal Finishing Machines (€-5.39M or -74.5%), and Drilling Machines (€-4.54M or -74.8%). In August 2021, the increase in Guipúzcoa's year-by-year imports was explained primarily by an increase in imports from China (€18.3M or 65.5%), Germany (€13.5M or 36.2%), and United Kingdom (€6.67M or 89.2%), and product imports increase in Hot-Rolled Iron (€4.43M or 194%), Valves (€3.85M or 83.8%), and Sulfate Chemical Woodpulp (€3.72M or 48.7%).