Overview: In January 2021 Balearic Islands exported €154M and imported €55.8M, resulting in a positive trade balance of €98.3M. Between January 2020 and January 2021 the exports of Balearic Islands have increased by $4.75M (3.18%) from €149M to €154M, while imports decreased by €-63.1M (-53.1%) from €119M to €55.8M.
Trade: In January 2021, the top exports of Balearic Islands were Planes, Helicopters, and/or Spacecraft (€54.5M), Ethylene Polymers (€31.1M), Coal Tar Oil (€16.6M), Acyclic Hydrocarbons (€14.4M), and Polyacetals (€6.76M). In January 2021 the top imports of Balearic Islands were Epoxides (€4.08M), Ethylene Polymers (€3.69M), Acyclic Hydrocarbons (€3.32M), Halogenated Hydrocarbons (€2.86M), and Polyacetals (€1.94M).
Destinations: In January 2021, Balearic Islands exported mostly to Democratic Republic of the Congo (€54.5M), Germany (€27.5M), Netherlands (€20.3M), France (€12.5M), and Italy (€8.24M), and imported mostly from Germany (€11.6M), France (€9.43M), Netherlands (€9.17M), Italy (€5.54M), and China (€3.64M).
Growth: In January 2021, the increase in Balearic Islands's year-by-year exports was explained primarily by an increase in exports to Democratic Republic of the Congo (€54.5M or 31.1M%), Germany (€6.8M or 32.9%), and Netherlands (€6.71M or 49.3%), and product exports increase in Acyclic Hydrocarbons (€9.43M or 189%), Polyacetals (€1.05M or 18.4%), and Refined Petroleum (€706k or 181%). In January 2021, the decrease in Balearic Islands's year-by-year imports was explained primarily by an decrease in imports from Italy (€-26M or -82.5%), United States (€-19.1M or -84.2%), and Germany (€-9.79M or -45.9%), and product imports decrease in Refined Petroleum (€-24.7M or -99.8%), Planes, Helicopters, and/or Spacecraft (€-16.9M or -100%), and Bovine Meat (€-3.14M or -96.9%).