Overview: In February 2021 Encantado exported $8.43M and imported $1.75M, resulting in a positive trade balance of $6.68M. Between February 2020 and February 2021 the exports of Encantado have increased by $956k (12.8%) from $7.47M to $8.43M, while imports increased by $1.16M (199%) from $584k to $1.75M.
Trade: In February 2021, the top exports of Encantado 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 Encantado 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, Encantado exported mostly to Uruguay ($3.43M), India ($949k), Singapore ($789k), Vietnam ($771k), and Spain ($520k), and imported mostly from Paraguay ($832k), Argentina ($691k), China ($101k), Uruguay ($81.8k), and Vietnam ($21.5k).
Growth: In February 2021, the increase in Encantado'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 Encantado'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%).