Overview: In February 2021 Itapevi exported $5.68M and imported $58M, resulting in a negative trade balance of $52.4M. Between February 2020 and February 2021 the exports of Itapevi have increased by $1.17M (26%) from $4.51M to $5.68M, while imports increased by $5.55M (10.6%) from $52.5M to $58M.
Trade: In February 2021, the top exports of Itapevi 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 Itapevi 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, Itapevi exported mostly to Argentina ($2.69M), United States ($1M), Colombia ($287k), Ecuador ($273k), and Chile ($272k), and imported mostly from United States ($14.6M), Germany ($7.95M), Italy ($6.42M), Ireland ($4.94M), and Puerto Rico ($3.52M).
Growth: In February 2021, the increase in Itapevi'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 Itapevi'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%).