Overview: In February 2021 Castro exported $5.53M and imported $1.42M, resulting in a positive trade balance of $4.11M. Between February 2020 and February 2021 the exports of Castro have decreased by $-1.99M (-26.5%) from $7.52M to $5.53M, while imports decreased by $-53.2k (-3.6%) from $1.48M to $1.42M.
Trade: In February 2021, the top exports of Castro 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 Castro 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, Castro exported mostly to Hong Kong ($1.25M), Argentina ($986k), Uruguay ($456k), Thailand ($377k), and Singapore ($347k), and imported mostly from China ($794k), Germany ($268k), United States ($116k), Israel ($69.8k), and Argentina ($60.9k).
Growth: In February 2021, the decrease in Castro's year-by-year exports was explained primarily by an decrease in exports to China ($-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 ($-222M or -84.2%). In February 2021, the decrease in Castro's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).