Overview: In January 2021 Las Palmas exported €109M and imported €93M, resulting in a positive trade balance of €16.3M. Between January 2020 and January 2021 the exports of Las Palmas have decreased by $-51.7M (-32.1%) from €161M to €109M, while imports decreased by €-109M (-54%) from €202M to €93M.
Trade: In January 2021, the top exports of Las Palmas were Refined Petroleum (€51.2M), Commodities not elsewhere specified (€15.4M), Perfumes (€4.37M), Aircraft Parts (€3.79M), and Tomatoes (€2.63M). In January 2021 the top imports of Las Palmas were Refined Petroleum (€16M), Cars (€5.8M), Gas Turbines (€3.13M), Molluscs (€2.19M), and Wheat (€2.01M).
Destinations: In January 2021, Las Palmas exported mostly to World (€60.9M), Senegal (€13.6M), France (€6.82M), Netherlands (€5.34M), and United States (€2.21M), and imported mostly from Portugal (€9M), Italy (€8.91M), Germany (€8.9M), World (€6.39M), and Netherlands (€6.23M).
Growth: In January 2021, the decrease in Las Palmas's year-by-year exports was explained primarily by an decrease in exports to World (€-46.8M or -43.4%), Netherlands (€-3.14M or -37.1%), and Cape Verde (€-2.76M or -87.4%), and product exports decrease in Commodities not elsewhere specified (€-25.3M or -62.2%), Coal Tar Oil (€-8.71M or -96.2%), and Cars (€-4.03M or -79%). In January 2021, the decrease in Las Palmas's year-by-year imports was explained primarily by an decrease in imports from Portugal (€-26.3M or -74.5%), Belgium (€-13.4M or -89.2%), and United Kingdom (€-13M or -79.1%), and product imports decrease in Refined Petroleum (€-43.6M or -73.2%), Cars (€-5.86M or -50.2%), and Gas Turbines (€-5.16M or -62.3%).