Overview: In February 2021 Itabirito exported $138M and imported $999k, resulting in a positive trade balance of $137M. Between February 2020 and February 2021 the exports of Itabirito have increased by $76.1M (122%) from $62.3M to $138M, while imports increased by $383k (62.3%) from $615k to $999k.
Trade: In February 2021, the top exports of Itabirito 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 Itabirito 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, Itabirito exported mostly to China ($137M), Taiwan ($1.29M), United States ($72.4k), Chile ($36.2k), and Argentina ($5.47k), and imported mostly from United States ($659k), Spain ($157k), China ($157k), Chile ($18.7k), and Germany ($6.7k).
Growth: In February 2021, the increase in Itabirito'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 Itabirito'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%).