Overview: In February 2021 Lavras exported $1.28M and imported $1.37M, resulting in a negative trade balance of $82.3k. Between February 2020 and February 2021 the exports of Lavras have decreased by $-219k (-14.6%) from $1.5M to $1.28M, while imports increased by $663k (94.4%) from $702k to $1.37M.
Trade: In February 2021, the top exports of Lavras 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 Lavras 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, Lavras exported mostly to Poland ($1.05M), United States ($184k), and Lithuania ($48.3k), and imported mostly from Mexico ($295k), Argentina ($250k), China ($243k), India ($158k), and Germany ($84k).
Growth: In February 2021, the decrease in Lavras's year-by-year exports was explained primarily by an decrease in exports to China ($-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 Lavras'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%).