Overview In October 2022 Guipúzcoa exported €821M and imported €479M, resulting in a positive trade balance of €342M. Between October 2021 and October 2022 the exports of Guipúzcoa have increased by $78.3M (10.5%) from €743M to €821M, while imports increased by €79.8M (20%) from €400M to €479M.
Trade In October 2022, the top exports of Guipúzcoa were Motor vehicles; parts and accessories (8701... (€67.8M), Iron Blocks (€56.4M), Self-Propelled Rail Transport (€51.4M), Valves (€27.2M), and Padlocks (€19.7M). In October 2022 the top imports of Guipúzcoa were Sulfate Chemical Woodpulp (€24.8M), Locomotive Parts (€17.9M), Nitrogenous Fertilizers (€16.1M), Hot-Rolled Iron Bars (€11.3M), and Scrap Iron (€10.7M).
Destinations In October 2022, Guipúzcoa exported mostly to France (€152M), Germany (€77.1M), United Kingdom (€63.1M), United States (€61M), and Italy (€53.9M), and imported mostly from France (€76.7M), Germany (€73.9M), China (€60M), Italy (€37.1M), and Sweden (€33.5M).
Growth In October 2022, the increase in Guipúzcoa's year-by-year exports was explained primarily by an increase in exports to Sweden (€6.98M or 97.8%), China (€5.51M or 47.2%), and Belgium (€3.55M or 32.9%), and product exports increase in Locomotive Parts (€23.7M or 214%), Washing and Bottling Machines (€3.87M or 47.2%), and Scrap Iron (€3.27M or 1.31k%). In October 2022, the increase in Guipúzcoa's year-by-year imports was explained primarily by an increase in imports from Germany (€5.84M or 10.7%), France (€3.73M or 5.91%), and China (€2.92M or 7.59%), and product imports increase in Scrap Iron (€6.51M or 60.2%), Sulfate Chemical Woodpulp (€2.61M or 35.1%), and Harvesting Machinery (€2.22M or 108%).