Overview: In February 2021 Santa Cruz de Tenerife exported €35.6M and imported €62.5M, resulting in a negative trade balance of €26.8M. Between February 2020 and February 2021 the exports of Santa Cruz de Tenerife have decreased by $-49.6M (-58.2%) from €85.2M to €35.6M, while imports decreased by €-16.3M (-20.7%) from €78.8M to €62.5M.
Trade: In February 2021, the top exports of Santa Cruz de Tenerife were Refined Petroleum (€15M), Prefabricated Buildings (€3.53M), Commodities not elsewhere specified (€2.75M), Precious Metal Scraps (€2.4M), and Rolled Tobacco (€2.16M). In February 2021 the top imports of Santa Cruz de Tenerife were Cars (€8.29M), Coal Tar Oil (€6.83M), Washing and Bottling Machines (€4.41M), Delivery Trucks (€1.62M), and Raw Aluminium (€1.44M).
Destinations: In February 2021, Santa Cruz de Tenerife exported mostly to World (€18.1M), Germany (€4.15M), Switzerland (€2.63M), United Kingdom (€1.54M), and Turkey (€1.09M), and imported mostly from World (€11.7M), Germany (€9.67M), Netherlands (€4.63M), Portugal (€3.49M), and Italy (€3.4M).
Growth: In February 2021, the decrease in Santa Cruz de Tenerife's year-by-year exports was explained primarily by an decrease in exports to World (€-54M or -74.9%), Egypt (€-2.54M or -97.9%), and Netherlands (€-499k or -41.6%), and product exports decrease in Refined Petroleum (€-49.5M or -76.7%), Excavation Machinery (€-876k or -94.1%), and Hard Liquor (€-589k or -90.7%). In February 2021, the decrease in Santa Cruz de Tenerife's year-by-year imports was explained primarily by an decrease in imports from Germany (€-7.1M or -42.4%), China (€-3.17M or -51%), and Ireland (€-2.07M or -70.7%), and product imports decrease in Cars (€-5.81M or -41.2%), Medical Instruments (€-1.28M or -52.5%), and Poultry Meat (€-1.26M or -64%).