Overview: In February 2021 Itajubá exported $9.25M and imported $12.1M, resulting in a negative trade balance of $2.88M. Between February 2020 and February 2021 the exports of Itajubá have decreased by $-782k (-7.79%) from $10M to $9.25M, while imports decreased by $-6.29M (-34.1%) from $18.4M to $12.1M.
Trade: In February 2021, the top exports of Itajubá 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 Itajubá 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, Itajubá exported mostly to Argentina ($1.2M), United States ($1.16M), Austria ($1.01M), France ($798k), and Canada ($752k), and imported mostly from France ($4.92M), China ($3.81M), Brazil ($783k), United States ($511k), and Italy ($306k).
Growth: In February 2021, the decrease in Itajubá's year-by-year exports was explained primarily by an decrease in exports to China ($-585M or -41.9%), China ($-245M or -69.2%), and Singapore ($-158M or -99.8%), and product exports decrease in Crude Petroleum ($-1.01B or -52.8%), Soybeans ($-356M or -36.3%), and Soybeans ($-222M or -84.2%). In February 2021, the decrease in Itajubá's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).