Overview: In February 2021 Igarassu exported $4.09M and imported $1.26M, resulting in a positive trade balance of $2.83M. Between February 2020 and February 2021 the exports of Igarassu have increased by $3.69M (923%) from $400k to $4.09M, while imports decreased by $-1.63M (-56.3%) from $2.89M to $1.26M.
Trade: In February 2021, the top exports of Igarassu 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 Igarassu 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, Igarassu exported mostly to Senegal ($3.33M), Turkey ($200k), India ($199k), Argentina ($124k), and United States ($116k), and imported mostly from France ($396k), United States ($233k), Spain ($181k), Taiwan ($169k), and Germany ($92.4k).
Growth: In February 2021, the increase in Igarassu'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 ($288M or 5.57k%). In February 2021, the decrease in Igarassu's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).