Overview: In April 2021 Guipúzcoa exported €589M and imported €350M, resulting in a positive trade balance of €239M. Between April 2020 and April 2021 the exports of Guipúzcoa have increased by $166M (39%) from €424M to €589M, while imports increased by €107M (44.3%) from €243M to €350M.
Trade: In April 2021, the top exports of Guipúzcoa were Vehicle Parts (€57.8M), Iron Blocks (€39.8M), Valves (€32.6M), Locomotive Parts (€25.3M), and Insulated Wire (€19.1M). In April 2021 the top imports of Guipúzcoa were Scrap Iron (€16M), Sulfate Chemical Woodpulp (€14.5M), Vehicle Parts (€9.38M), Hot-Rolled Iron (€8.75M), and Valves (€7.93M).
Destinations: In April 2021, Guipúzcoa exported mostly to France (€102M), Germany (€68M), United Kingdom (€41.3M), United States (€38.2M), and Italy (€33.6M), and imported mostly from France (€64.1M), Germany (€60.4M), China (€33.3M), Italy (€31.9M), and Sweden (€21.6M).
Growth: In April 2021, the increase in Guipúzcoa's year-by-year exports was explained primarily by an increase in exports to France (€45.4M or 80.7%), Germany (€23.7M or 53.6%), and Italy (€15.3M or 83.4%), and product exports increase in Vehicle Parts (€43M or 290%), Iron Blocks (€22.6M or 132%), and Locomotive Parts (€16.3M or 180%). In April 2021, the increase in Guipúzcoa's year-by-year imports was explained primarily by an increase in imports from France (€22.6M or 54.4%), Germany (€22M or 57.5%), and Italy (€13.9M or 77%), and product imports increase in Scrap Iron (€10.6M or 198%), Pig Iron (€6.06M or 686%), and Vehicle Parts (€5.98M or 176%).