Overview: In March 2021 Castelo exported $3.53M and imported $571k, resulting in a positive trade balance of $2.96M. Between March 2020 and March 2021 the exports of Castelo have increased by $27.8k (0.79%) from $3.5M to $3.53M, while imports increased by $291k (104%) from $281k to $571k.
Trade: In March 2021, the top exports of Castelo were Building Stone ($2.85M) and Poultry Meat ($682k). In March 2021 the top imports of Castelo were Milling Stones ($399k), Polyacetals ($60.4k), Prepr binder for foundry ($42.7k), Float Glass ($21.7k), and Industrial Food Preperation Machinery ($14.5k).
Destinations: In March 2021, Castelo exported mostly to United States ($2.29M), Maldives ($218k), Mexico ($205k), South Africa ($130k), and United Arab Emirates ($116k), and imported mostly from China ($405k), Italy ($131k), and Denmark ($35.4k).
Growth: In March 2021, the increase in Castelo's year-by-year exports was explained primarily by an increase in exports to Maldives ($156k or 250%), United States ($79.1k or 3.58%), and Colombia ($34.2k or 67.1%), and product exports increase in Building Stone ($258k or 9.97%). In March 2021, the increase in Castelo's year-by-year imports was explained primarily by an increase in imports from China ($349k or 626%) and Denmark ($22.8k or 180%), and product imports increase in Milling Stones ($301k or 308%), Ball Bearings ($8.4k or 756%), and Industrial Food Preperation Machinery ($7.63k or 112%).