Overview: In January 2021 Vizcaya exported €670M and imported €757M, resulting in a negative trade balance of €86.6M. Between January 2020 and January 2021 the exports of Vizcaya have decreased by $-164M (-19.6%) from €834M to €670M, while imports decreased by €-204M (-21.2%) from €961M to €757M.
Trade: In January 2021, the top exports of Vizcaya were Refined Petroleum (€67M), Vehicle Parts (€55.8M), Rubber Tires (€49.6M), Commodities not elsewhere specified (€23.9M), and Aluminium Plating (€21.2M). In January 2021 the top imports of Vizcaya were Crude Petroleum (€238M), Soybeans (€44.6M), Raw Aluminium (€23.9M), Hot-Rolled Iron (€22.8M), and Refined Petroleum (€21M).
Destinations: In January 2021, Vizcaya exported mostly to France (€98M), Germany (€83.5M), Netherlands (€83M), United Kingdom (€54.2M), and Belgium (€42.3M), and imported mostly from Mexico (€110M), Russia (€87.9M), China (€74.9M), Kazakhstan (€60.2M), and Germany (€54.7M).
Growth: In January 2021, the decrease in Vizcaya's year-by-year exports was explained primarily by an decrease in exports to France (€-79.7M or -44.9%), United States (€-43.4M or -53.8%), and Belgium (€-32.6M or -43.5%), and product exports decrease in Refined Petroleum (€-144M or -68.2%), Raw Copper (€-25.6M or -67.2%), and Non-fillet Frozen Fish (€-9.1M or -57%). In January 2021, the decrease in Vizcaya's year-by-year imports was explained primarily by an decrease in imports from Norway (€-57.1M or -97.8%), Russia (€-54.4M or -38.2%), and Turkey (€-42.4M or -91.5%), and product imports decrease in Petroleum Gas (€-115M or -91.7%), Crude Petroleum (€-39.7M or -14.3%), and Refined Petroleum (€-14.6M or -41.1%).