Ibirité

Overview: In February 2021 Ibirité exported $795k and imported $739k, resulting in a positive trade balance of $56k. Between February 2020 and February 2021 the exports of Ibirité have decreased by $-1.33M (-62.6%) from $2.13M to $795k, while imports increased by $548k (287%) from $191k to $739k.

Trade: In February 2021, the top exports of Ibirité 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 Ibirité 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, Ibirité exported mostly to Hong Kong ($281k), Serbia ($119k), Turkey ($109k), Palestine ($84.3k), and United Arab Emirates ($78.4k), and imported mostly from United States ($335k), Germany ($293k), China ($71.2k), Netherlands ($25.6k), and Turkey ($6.3k).

Growth: In February 2021, the decrease in Ibirité'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 Ibirité'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%).