Overview: In February 2021 Avaré exported $3.33M and imported $158k, resulting in a positive trade balance of $3.18M. Between February 2020 and February 2021 the exports of Avaré have increased by $906k (37.3%) from $2.43M to $3.33M, while imports decreased by $-127k (-44.7%) from $285k to $158k.
Trade: In February 2021, the top exports of Avaré 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 Avaré 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, Avaré exported mostly to Bangladesh ($600k), Malaysia ($483k), United Kingdom ($465k), Portugal ($424k), and Netherlands ($295k), and imported mostly from Luxembourg ($94.4k), China ($42.7k), and Spain ($20.4k).
Growth: In February 2021, the increase in Avaré'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 ($288M or 5.57k%). In February 2021, the decrease in Avaré's year-by-year imports was explained primarily by an decrease in imports from United States ($-972M or -74.1%), United States ($-253M or -29.7%), and United Kingdom ($-143M or -84.7%), and product imports decrease in Other Construction Vehicles ($-1.19B or -100%), Flexible Metal Tubing ($-265M or -75.6%), and Valves ($-154M or -66.3%).