Overview: In February 2021 Indaial exported $29.4M and imported $6.71M, resulting in a positive trade balance of $22.7M. Between February 2020 and February 2021 the exports of Indaial have increased by $11.9M (67.8%) from $17.5M to $29.4M, while imports decreased by $-9.82M (-59.4%) from $16.5M to $6.71M.
Trade: In February 2021, the top exports of Indaial 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 Indaial 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, Indaial exported mostly to Iran ($26.6M), Saudi Arabia ($311k), Argentina ($303k), Netherlands ($290k), and Paraguay ($270k), and imported mostly from Iran ($3.04M), China ($1.69M), United States ($465k), Indonesia ($397k), and Taiwan ($372k).
Growth: In February 2021, the increase in Indaial'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 ($288M or 5.57k%). In February 2021, the decrease in Indaial's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).