Overview: In February 2021 Canoas exported $11.6M and imported $29.5M, resulting in a negative trade balance of $17.9M. Between February 2020 and February 2021 the exports of Canoas have increased by $1.76M (17.9%) from $9.81M to $11.6M, while imports increased by $5.26M (21.7%) from $24.3M to $29.5M.
Trade: In February 2021, the top exports of Canoas 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 Canoas 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, Canoas exported mostly to United States ($5.79M), Mexico ($1.75M), Argentina ($1.1M), Colombia ($1.01M), and Chile ($410k), and imported mostly from China ($9.91M), Russia ($7.63M), Germany ($2.35M), Argentina ($1.74M), and United States ($1.34M).
Growth: In February 2021, the increase in Canoas'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 increase in Canoas'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%).