Overview: In February 2021 Itabuna exported $3.85M and imported $13.5M, resulting in a negative trade balance of $9.67M. Between February 2020 and February 2021 the exports of Itabuna have increased by $993k (34.8%) from $2.85M to $3.85M, while imports increased by $6.7M (98.3%) from $6.82M to $13.5M.
Trade: In February 2021, the top exports of Itabuna 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 Itabuna 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, Itabuna exported mostly to Argentina ($1.72M), France ($723k), Canada ($542k), United States ($533k), and Chile ($269k), and imported mostly from Ghana ($12.2M), Malaysia ($573k), Indonesia ($534k), Cameroon ($113k), and Portugal ($35.6k).
Growth: In February 2021, the increase in Itabuna'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 Itabuna'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%).