Overview: In February 2021 Horizonte exported $1.18M and imported $3.22M, resulting in a negative trade balance of $2.04M. Between February 2020 and February 2021 the exports of Horizonte have increased by $150k (14.5%) from $1.03M to $1.18M, while imports increased by $1.29M (66.7%) from $1.93M to $3.22M.
Trade: In February 2021, the top exports of Horizonte 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 Horizonte 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, Horizonte exported mostly to Argentina ($854k), Paraguay ($147k), Ecuador ($83.2k), Czechia ($81.9k), and Bolivia ($17.1k), and imported mostly from China ($899k), Argentina ($794k), Paraguay ($348k), Thailand ($345k), and South Africa ($168k).
Growth: In February 2021, the increase in Horizonte'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 Horizonte'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%).