Overview: In March 2021 Ferraz de Vasconcelos exported $1.25M and imported $2.25M, resulting in a negative trade balance of $1M. Between March 2020 and March 2021 the exports of Ferraz de Vasconcelos have increased by $264k (26.8%) from $984k to $1.25M, while imports increased by $1.28M (133%) from $963k to $2.25M.
Trade: In March 2021, the top exports of Ferraz de Vasconcelos were Insulated Wire ($542k), Soybean Oil ($265k), Machinery Having Individual Functions ($103k), Aluminium Structures ($91.6k), and Vehicle Parts ($75.8k). In March 2021 the top imports of Ferraz de Vasconcelos were Raw Aluminium ($852k), Rubberworking Machinery ($339k), Propylene Polymers ($126k), Electric Batteries ($113k), and Other Nitrogen Compounds ($81.2k).
Destinations: In March 2021, Ferraz de Vasconcelos exported mostly to Bolivia ($573k), China ($193k), India ($120k), Argentina ($98.2k), and Colombia ($70.7k), and imported mostly from China ($560k), Argentina ($437k), Saudi Arabia ($429k), India ($348k), and Taiwan ($129k).
Growth: In March 2021, the increase in Ferraz de Vasconcelos's year-by-year exports was explained primarily by an increase in exports to Bolivia ($285k or 99%) and Colombia ($33.1k or 87.7%), and product exports increase in Insulated Wire ($138k or 34.1%), Other Plastic Products ($44k or 3.96k%), and Pile Fabric ($13.7k or 1.14k%). In March 2021, the increase in Ferraz de Vasconcelos's year-by-year imports was explained primarily by an increase in imports from China ($370k or 195%), Argentina ($223k or 104%), and India ($191k or 122%), and product imports increase in Raw Aluminium ($462k or 119%), Rubberworking Machinery ($186k or 121%), and Ball Bearings ($60.5k or 3.02k%).