Overview: In February 2021 Itupeva exported $14.4M and imported $28.5M, resulting in a negative trade balance of $14M. Between February 2020 and February 2021 the exports of Itupeva have decreased by $-5.34M (-27%) from $19.8M to $14.4M, while imports decreased by $-4.6M (-13.9%) from $33.1M to $28.5M.
Trade: In February 2021, the top exports of Itupeva 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 Itupeva 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, Itupeva exported mostly to Colombia ($5.58M), Argentina ($2.51M), Paraguay ($1.73M), United States ($959k), and Mexico ($702k), and imported mostly from China ($5.19M), Germany ($4.41M), Argentina ($3.1M), United States ($2.89M), and Mexico ($2.1M).
Growth: In February 2021, the decrease in Itupeva's year-by-year exports was explained primarily by an decrease in exports to China ($-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 ($-222M or -84.2%). In February 2021, the decrease in Itupeva's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).