Overview: In January 2021 Ponce, PR exported $6.13M and imported $127M, resulting in a negative trade balance of $121M. Between January 2020 and January 2021 the exports of Ponce, PR have increased by $5.86M (2.14k%) from $273k to $6.13M, while imports increased by $5.6M (4.62%) from $121M to $127M.
Trade: In January 2021, the top exports of Ponce, PR 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 Ponce, PR were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Ponce, PR exported mostly to Mexico ($4.21M), British Virgin Islands ($1.1M), Netherlands ($388k), Saint Kitts and Nevis ($319k), and Anguilla ($117k), and imported mostly from Trinidad and Tobago ($37.7M), Spain ($27.4M), Colombia ($20.8M), Equatorial Guinea ($11.1M), and Argentina ($9.2M).
Growth: In January 2021, the increase in Ponce, PR'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 increase in Ponce, PR's year-by-year imports was explained primarily by an increase in imports from China ($1.85B or 59%), China ($1.79B or 20.1%), and Switzerland ($851M or 229%), and product imports increase in Computers ($1.32B or 78.1%), Other Precious Metal Products ($851M or 2.19k%), and Computers ($792M or 126%).