Overview: In January 2021 Teruel exported €48.9M and imported €13.1M, resulting in a positive trade balance of €35.8M. Between January 2020 and January 2021 the exports of Teruel have increased by $15.3M (45.6%) from €33.6M to €48.9M, while imports decreased by €-2.62M (-16.7%) from €15.7M to €13.1M.
Trade: In January 2021, the top exports of Teruel were Spark-Ignition Engines (€18.7M), Iron Structures (€5.51M), Vehicle Parts (€3.98M), Mixed Mineral or Chemical Fertilizers (€3.4M), and Other Cast Iron Products (€3.01M). In January 2021 the top imports of Teruel were Raw Aluminium (€3.03M), Scrap Lead (€2.07M), Amino-resins (€928k), Uncoated Kraft Paper (€492k), and Cellulose Fibers Paper (€464k).
Destinations: In January 2021, Teruel exported mostly to Qatar (€19.7M), France (€11.2M), Germany (€4.43M), Portugal (€2.67M), and Italy (€1.94M), and imported mostly from France (€3.47M), Norway (€2.42M), Portugal (€1.94M), Germany (€1.4M), and Italy (€632k).
Growth: In January 2021, the increase in Teruel's year-by-year exports was explained primarily by an increase in exports to Qatar (€19.7M or 311k%), Algeria (€1.04M or 575%), and Argentina (€562k or 352%), and product exports increase in Spark-Ignition Engines (€17.1M or 1.05k%), Mixed Mineral or Chemical Fertilizers (€1.33M or 64.2%), and Mattresses (€461k or 297%). In January 2021, the decrease in Teruel's year-by-year imports was explained primarily by an decrease in imports from Russia (€-1.23M or -93.6%), Portugal (€-1.2M or -38.2%), and Bahrain (€-394k or -39.2%), and product imports decrease in Uncoated Kraft Paper (€-1.53M or -75.6%), Mixed Mineral or Chemical Fertilizers (€-1.31M or -99.7%), and Other Office Machines (€-283k or -100%).