Overview: In February 2021 Cabo de Santo Agostinho exported $9.45M and imported $28.5M, resulting in a negative trade balance of $19.1M. Between February 2020 and February 2021 the exports of Cabo de Santo Agostinho have decreased by $-1.41M (-13%) from $10.9M to $9.45M, while imports increased by $2.45M (9.4%) from $26.1M to $28.5M.
Trade: In February 2021, the top exports of Cabo de Santo Agostinho 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 Cabo de Santo Agostinho 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, Cabo de Santo Agostinho exported mostly to Argentina ($3.66M), United States ($2.79M), Chile ($930k), China ($558k), and France ($273k), and imported mostly from Argentina ($9.34M), China ($3.63M), Paraguay ($3.09M), Colombia ($2.49M), and Portugal ($2.22M).
Growth: In February 2021, the decrease in Cabo de Santo Agostinho's year-by-year exports was explained primarily by an decrease in exports to China ($-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 Cabo de Santo Agostinho'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%).