Overview: In February 2021 Barbalha exported $57.9k and imported $70.1k, resulting in a negative trade balance of $12.2k. Between February 2020 and February 2021 the exports of Barbalha have decreased by $-52.7k (-47.7%) from $111k to $57.9k, while imports increased by $26.7k (61.6%) from $43.4k to $70.1k.
Trade: In February 2021, the top exports of Barbalha 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 Barbalha 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, Barbalha exported mostly to Argentina ($38k) and United States ($19.9k), and imported mostly from Germany ($57.1k) and New Zealand ($13k).
Growth: In February 2021, the decrease in Barbalha's year-by-year exports was explained primarily by an decrease in exports to China ($-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 Barbalha'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%).