Belo Horizonte

Overview: In February 2021 Belo Horizonte exported $54.5M and imported $44.5M, resulting in a positive trade balance of $9.97M. Between February 2020 and February 2021 the exports of Belo Horizonte have increased by $8.98M (19.7%) from $45.5M to $54.5M, while imports decreased by $-8.78M (-16.5%) from $53.3M to $44.5M.

Trade: In February 2021, the top exports of Belo Horizonte 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 Belo Horizonte 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, Belo Horizonte exported mostly to United States ($24.7M), China ($10.4M), Peru ($7.39M), Belgium ($3.26M), and United Arab Emirates ($2.05M), and imported mostly from China ($16.6M), United States ($12.7M), Germany ($3.86M), Italy ($1.54M), and Canada ($1.25M).

Growth: In February 2021, the increase in Belo Horizonte'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 ($288M or 5.57k%). In February 2021, the decrease in Belo Horizonte's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).