Overview: In February 2021 Barro Alto exported $36.6M and imported $2.47M, resulting in a positive trade balance of $34.2M. Between February 2020 and February 2021 the exports of Barro Alto have increased by $4.46M (13.9%) from $32.2M to $36.6M, while imports decreased by $-820k (-24.9%) from $3.29M to $2.47M.
Trade: In February 2021, the top exports of Barro Alto 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 Barro Alto 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, Barro Alto exported mostly to United States ($9.15M), South Korea ($8.66M), Belgium ($8.29M), South Africa ($4.5M), and China ($1.98M), and imported mostly from Colombia ($2.47M), Canada ($1.41k), and Germany ($628).
Growth: In February 2021, the increase in Barro Alto'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 ($288M or 5.57k%). In February 2021, the decrease in Barro Alto's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).