Overview: In February 2021 Itarema exported $2.13M and imported $108k, resulting in a positive trade balance of $2.02M. Between February 2020 and February 2021 the exports of Itarema have increased by $1.06M (99.4%) from $1.07M to $2.13M, while imports increased by $99.8k (1.16k%) from $8.61k to $108k.
Trade: In February 2021, the top exports of Itarema 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 Itarema 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, Itarema exported mostly to United States ($780k), China ($403k), Germany ($302k), Italy ($160k), and Spain ($143k), and imported mostly from Spain ($42k), Germany ($31.2k), United Kingdom ($27.1k), Poland ($2.25k), and United States ($1.86k).
Growth: In February 2021, the increase in Itarema'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 Itarema'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%).