Overview: In February 2021 Balsa Nova exported $2.16M and imported $382k, resulting in a positive trade balance of $1.78M. Between February 2020 and February 2021 the exports of Balsa Nova have decreased by $-11.5k (-0.53%) from $2.17M to $2.16M, while imports increased by $159k (71.1%) from $223k to $382k.
Trade: In February 2021, the top exports of Balsa Nova 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 Balsa Nova 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, Balsa Nova exported mostly to N/A, and imported mostly from United States ($264k), Japan ($47.6k), Germany ($38.7k), and Netherlands ($31.6k).
Growth: In February 2021, the decrease in Balsa Nova's year-by-year exports was explained primarily by an decrease in exports to China ($-585M or -41.9%), China ($-245M or -69.2%), and Singapore ($-158M or -99.8%), and product exports decrease in Crude Petroleum ($-1.01B or -52.8%), Soybeans ($-356M or -36.3%), and Soybeans ($-222M or -84.2%). In February 2021, the increase in Balsa Nova'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%).