Overview: In February 2021 Barbacena exported $6.14M and imported $175k, resulting in a positive trade balance of $5.97M. Between February 2020 and February 2021 the exports of Barbacena have decreased by $-431k (-6.56%) from $6.57M to $6.14M, while imports decreased by $-727k (-80.6%) from $902k to $175k.
Trade: In February 2021, the top exports of Barbacena 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 Barbacena 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, Barbacena exported mostly to China ($2.21M), Argentina ($1.15M), United States ($708k), Belgium ($482k), and Mexico ($414k), and imported mostly from China ($136k), Paraguay ($39k), United States ($813), and Slovakia ($17).
Growth: In February 2021, the decrease in Barbacena's year-by-year exports was explained primarily by an decrease in exports to China ($-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 ($-222M or -84.2%). In February 2021, the decrease in Barbacena's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).