Overview: In February 2021 Itapissuma exported $1.17M and imported $17M, resulting in a negative trade balance of $15.8M. Between February 2020 and February 2021 the exports of Itapissuma have increased by $560k (92.5%) from $606k to $1.17M, while imports increased by $10.6M (168%) from $6.32M to $17M.
Trade: In February 2021, the top exports of Itapissuma 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 Itapissuma 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, Itapissuma exported mostly to Argentina ($741k), Paraguay ($169k), Chile ($132k), United States ($122k), and Bolivia ($654), and imported mostly from Russia ($8.83M), Argentina ($6.8M), Oman ($902k), Canada ($267k), and Germany ($127k).
Growth: In February 2021, the increase in Itapissuma'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 Itapissuma'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%).