Overview: In February 2021 João Monlevade exported $7.8M and imported $5.76M, resulting in a positive trade balance of $2.05M. Between February 2020 and February 2021 the exports of João Monlevade have increased by $1.07M (15.8%) from $6.74M to $7.8M, while imports increased by $2.39M (71%) from $3.37M to $5.76M.
Trade: In February 2021, the top exports of João Monlevade 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 João Monlevade 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, João Monlevade exported mostly to United States ($6.97M), Malaysia ($398k), Canada ($361k), Thailand ($42.3k), and Ecuador ($28.1k), and imported mostly from Argentina ($5.68M), China ($46.8k), Germany ($19.1k), United States ($5.44k), and South Korea ($5.02k).
Growth: In February 2021, the increase in João Monlevade'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 João Monlevade'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%).