Overview: In March 2021 Belém exported $15.5M and imported $20.8M, resulting in a negative trade balance of $5.34M. Between March 2020 and March 2021 the exports of Belém have decreased by $-1.47M (-8.67%) from $17M to $15.5M, while imports decreased by $-13.1M (-38.5%) from $33.9M to $20.8M.
Trade: In March 2021, the top exports of Belém were Shaped Wood ($4.33M), Refined Petroleum ($4.22M), Processed Fish ($1.42M), Non-fillet Frozen Fish ($1.33M), and Sawn Wood ($1.02M). In March 2021 the top imports of Belém were Refined Petroleum ($14.8M), Wheat ($2.78M), Rubber Tires ($889k), Orthopedic Appliances ($375k), and X-Ray Equipment ($229k).
Destinations: In March 2021, Belém exported mostly to United States ($3.41M), Hong Kong ($2.49M), China ($1.06M), Netherlands ($999k), and India ($814k), and imported mostly from United States ($15.4M), Argentina ($2.78M), China ($1.76M), Malaysia ($326k), and Vietnam ($218k).
Growth: In March 2021, the decrease in Belém's year-by-year exports was explained primarily by an decrease in exports to Panama ($-720k or -64.6%), China ($-698k or -39.6%), and Singapore ($-621k or -72.2%), and product exports decrease in Refined Petroleum ($-1.03M or -19.6%), Shaped Wood ($-842k or -16.3%), and Manganese Ore ($-603k or -72.5%). In March 2021, the decrease in Belém's year-by-year imports was explained primarily by an decrease in imports from United States ($-15.2M or -49.6%), Spain ($-49.1k or -99.4%), and Chile ($-47.9k or -35.8%), and product imports decrease in Refined Petroleum ($-15.5M or -51.1%), Chemical Analysis Instruments ($-165k or -76.6%), and Air Pumps ($-105k or -99.9%).