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