Overview: In February 2021 Itumbiara exported $15.4M and imported $1.88M, resulting in a positive trade balance of $13.5M. Between February 2020 and February 2021 the exports of Itumbiara have increased by $6.01M (63.9%) from $9.41M to $15.4M, while imports decreased by $-988k (-34.4%) from $2.87M to $1.88M.
Trade: In February 2021, the top exports of Itumbiara 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 Itumbiara 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, Itumbiara exported mostly to China ($4.39M), United States ($3.37M), Hungary ($2.03M), Pakistan ($1.2M), and Saudi Arabia ($802k), and imported mostly from Turkey ($490k), Germany ($372k), China ($360k), Italy ($224k), and France ($132k).
Growth: In February 2021, the increase in Itumbiara'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 ($288M or 5.57k%). In February 2021, the decrease in Itumbiara's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).