Overview: In January 2021 Carmo exported $27.7k and imported $18.8k, resulting in a positive trade balance of $8.92k. Between January 2020 and January 2021 the exports of Carmo have decreased by $-8.69k (-23.9%) from $36.4k to $27.7k, while imports decreased by $-294k (-94%) from $313k to $18.8k.
Trade: In January 2021, the top exports of Carmo were Iron Ore ($1.56B), Iron Ore ($1.05B), Crude Petroleum ($902M), Soybeans ($625M), and Crude Petroleum ($464M). In January 2021 the top imports of Carmo were Special Purpose Ships ($1.43B), Telephones ($192M), Vehicle Parts ($190M), Electricity ($189M), and Blood, antisera, vaccines, toxins and cultures ($180M).
Destinations: In January 2021, Carmo exported mostly to N/A, and imported mostly from Argentina ($18.8k).
Growth: In January 2021, the decrease in Carmo's year-by-year exports was explained primarily by an decrease in exports to China ($-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 ($-222M or -84.2%). In February 2021, the decrease in Carmo's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).