Overview: In January 2021 Alcan, AK exported $795k and imported $3.06M, resulting in a negative trade balance of $2.26M. Between January 2020 and January 2021 the exports of Alcan, AK have increased by $321k (67.7%) from $474k to $795k, while imports decreased by $-9.18M (-75%) from $12.2M to $3.06M.
Trade: In January 2021, the top exports of Alcan, AK were Crude Petroleum ($4.06B), Refined Petroleum ($3.39B), Petroleum Gas ($2.86B), Commodities not elsewhere specified ($2.51B), and Soybeans ($2.1B). In January 2021 the top imports of Alcan, AK were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Alcan, AK exported mostly to Canada ($785k) and Ireland ($10.5k), and imported mostly from Canada ($2.8M), Germany ($86.6k), China ($74.4k), Romania ($31.4k), and Mexico ($11.2k).
Growth: In January 2021, the increase in Alcan, AK's year-by-year exports was explained primarily by an increase in exports to China ($1.43B or 358%), China ($1.11B or 170%), and China ($656M or 116%), and product exports increase in Soybeans ($1B or 90.9%), Petroleum Gas ($936M or 48.6%), and Platinum ($742M or 188%). In January 2021, the decrease in Alcan, AK's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-641M or -63.5%), Ireland ($-631M or -76.8%), and Mexico ($-502M or -5.79%), and product imports decrease in Crude Petroleum ($-995M or -52.5%), Nucleic Acids ($-936M or -83.4%), and Crude Petroleum ($-748M or -34.7%).