Overview: In January 2021 Guarani exported $41.2k and imported $47.1k, resulting in a negative trade balance of $5.93k. Between January 2020 and January 2021 the exports of Guarani have decreased by $-14.5k (-26%) from $55.7k to $41.2k, while imports decreased by $-20.9k (-30.7%) from $68k to $47.1k.
Trade: In January 2021, the top exports of Guarani were Iron Ore ($1.56B), Iron Ore ($1.05B), Crude Petroleum ($902M), Soybeans ($625M), and Crude Petroleum ($464M). In January 2021 the top imports of Guarani were Special Purpose Ships ($1.43B), Telephones ($192M), Vehicle Parts ($190M), Electricity ($189M), and Blood, antisera, vaccines, toxins and cultures ($180M).
Destinations: In January 2021, Guarani exported mostly to N/A, and imported mostly from Malaysia ($46.5k) and United States ($680).
Growth: In January 2021, the decrease in Guarani's year-by-year exports was explained primarily by an decrease in exports to China ($-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 ($-222M or -84.2%). In February 2021, the decrease in Guarani's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).