Overview: In February 2021 Itajaí exported $310M and imported $897M, resulting in a negative trade balance of $587M. Between February 2020 and February 2021 the exports of Itajaí have increased by $25.4M (8.92%) from $285M to $310M, while imports increased by $305M (51.6%) from $592M to $897M.
Trade: In February 2021, the top exports of Itajaí 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 Itajaí 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, Itajaí exported mostly to China ($74.3M), Japan ($32.3M), Saudi Arabia ($31.8M), United Arab Emirates ($20.3M), and Hong Kong ($14.3M), and imported mostly from China ($354M), Chile ($71.7M), United States ($64.1M), Argentina ($38.9M), and Germany ($27.5M).
Growth: In February 2021, the increase in Itajaí'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 Itajaí'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%).