Overview: In February 2021 Espírito Santo do Pinhal exported $6.63M and imported $632k, resulting in a positive trade balance of $6M. Between February 2020 and February 2021 the exports of Espírito Santo do Pinhal have increased by $2.33M (54.1%) from $4.31M to $6.63M, while imports decreased by $-385k (-37.8%) from $1.02M to $632k.
Trade: In February 2021, the top exports of Espírito Santo do Pinhal 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 Espírito Santo do Pinhal 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, Espírito Santo do Pinhal exported mostly to United States ($1.32M), Germany ($1.1M), Sweden ($582k), Belgium ($463k), and France ($431k), and imported mostly from China ($348k), Germany ($77.5k), Portugal ($44.3k), Belgium ($42.3k), and Colombia ($40.9k).
Growth: In February 2021, the increase in Espírito Santo do Pinhal'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 ($288M or 5.57k%). In February 2021, the decrease in Espírito Santo do Pinhal's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).