Overview: In February 2021 Baependi exported $87.9k and imported $9.75k, resulting in a positive trade balance of $78.2k. Between February 2020 and February 2021 the exports of Baependi have increased by $54.5k (163%) from $33.5k to $87.9k, while imports increased by $3.47k (55.2%) from $6.29k to $9.75k.
Trade: In February 2021, the top exports of Baependi 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 Baependi 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, Baependi exported mostly to United States ($52.3k), Italy ($23.9k), Japan ($6.6k), and Germany ($5.07k), and imported mostly from .
Growth: In February 2021, the increase in Baependi'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 December 2020, the increase in Baependi'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%).