Overview: In February 2021 Alagoinhas exported $826k and imported $12M, resulting in a negative trade balance of $11.2M. Between February 2020 and February 2021 the exports of Alagoinhas have increased by $533k (181%) from $294k to $826k, while imports increased by $3.51M (41.3%) from $8.52M to $12M.
Trade: In February 2021, the top exports of Alagoinhas were Iron Ore ($1.56B), Iron Ore ($1.05B), Crude Petroleum ($902M), Soybeans ($625M), and Crude Petroleum ($464M). In February 2021 the top imports of Alagoinhas were Special Purpose Ships ($1.43B), Telephones ($192M), Vehicle Parts ($190M), Electricity ($189M), and Blood, antisera, vaccines, toxins and cultures ($180M).
Destinations: In February 2021, Alagoinhas exported mostly to China ($356k), United States ($138k), Argentina ($119k), Italy ($108k), and El Salvador ($49k), and imported mostly from Argentina ($9.7M), France ($1.85M), Belgium ($318k), Denmark ($57.5k), and United States ($49.2k).
Growth: In February 2021, the increase in Alagoinhas's year-by-year exports was explained primarily by an increase in exports to China ($555M or 10.7k%), China ($473M or 73.2%), and China ($380M or 101%), and product exports increase in Iron Ore ($656M or 72.6%), Iron Ore ($593M or 129%), and Soybeans ($288M or 5.57k%). In February 2021, the increase in Alagoinhas's year-by-year imports was explained primarily by an increase in imports from Brazil ($1.11B or 235%), China ($276M or 38.4%), and China ($244M or 45.1%), and product imports increase in Electricity ($188M or 23.6k%), Petroleum Gas ($128M or 5.81M%), and Blood, antisera, vaccines, toxins and cultures ($81.9M or 83.2%).