Overview: In February 2021 Lauro de Freitas exported $532k and imported $9.56M, resulting in a negative trade balance of $9.03M. Between February 2020 and February 2021 the exports of Lauro de Freitas have decreased by $-938k (-63.8%) from $1.47M to $532k, while imports increased by $4.7M (96.7%) from $4.86M to $9.56M.
Trade: In February 2021, the top exports of Lauro de Freitas 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 Lauro de Freitas 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, Lauro de Freitas exported mostly to Italy ($514k), Singapore ($4.63k), Norway ($4.34k), Portugal ($3.34k), and Bahamas ($2.04k), and imported mostly from United States ($4.84M), China ($3.35M), Sweden ($764k), Argentina ($255k), and Spain ($63.5k).
Growth: In February 2021, the decrease in Lauro de Freitas's year-by-year exports was explained primarily by an decrease in exports to China ($-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 increase in Lauro de Freitas'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%).