Overview: In February 2021 Horizontina exported $6.19M and imported $17M, resulting in a negative trade balance of $10.8M. Between February 2020 and February 2021 the exports of Horizontina have decreased by $-2.92M (-32.1%) from $9.12M to $6.19M, while imports increased by $9.23M (118%) from $7.8M to $17M.
Trade: In February 2021, the top exports of Horizontina 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 Horizontina 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, Horizontina exported mostly to Argentina ($3.56M), Paraguay ($1.2M), Bolivia ($964k), Uruguay ($193k), and South Africa ($140k), and imported mostly from United States ($9.34M), Spain ($4.04M), Argentina ($2.32M), Germany ($379k), and China ($192k).
Growth: In February 2021, the decrease in Horizontina's year-by-year exports was explained primarily by an decrease in exports to China ($-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 increase in Horizontina'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%).