Overview: In February 2021 Castelo exported $4.18M and imported $689k, resulting in a positive trade balance of $3.49M. Between February 2020 and February 2021 the exports of Castelo have increased by $1.05M (33.4%) from $3.13M to $4.18M, while imports increased by $174k (33.8%) from $515k to $689k.
Trade: In February 2021, the top exports of Castelo 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 Castelo 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, Castelo exported mostly to United States ($2.72M), Hong Kong ($678k), Mexico ($245k), Qatar ($199k), and South Africa ($116k), and imported mostly from China ($534k), Italy ($96.5k), and Hong Kong ($58.5k).
Growth: In February 2021, the increase in Castelo'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 Castelo'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%).