Overview: In February 2021 Garuva exported $2.65M and imported $6.9M, resulting in a negative trade balance of $4.26M. Between February 2020 and February 2021 the exports of Garuva have increased by $1.16M (78.1%) from $1.49M to $2.65M, while imports increased by $2.9M (72.6%) from $4M to $6.9M.
Trade: In February 2021, the top exports of Garuva 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 Garuva 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, Garuva exported mostly to Mexico ($649k), Argentina ($559k), Uruguay ($548k), United States ($366k), and Paraguay ($260k), and imported mostly from China ($2.83M), India ($1.11M), Mexico ($889k), Peru ($792k), and Russia ($717k).
Growth: In February 2021, the increase in Garuva'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 Garuva'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%).