Overview: In February 2021 Lorena exported $3.3M and imported $3.66M, resulting in a negative trade balance of $357k. Between February 2020 and February 2021 the exports of Lorena have decreased by $-1.23M (-27.1%) from $4.53M to $3.3M, while imports increased by $2.26M (162%) from $1.4M to $3.66M.
Trade: In February 2021, the top exports of Lorena 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 Lorena 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, Lorena exported mostly to Chile ($728k), United States ($646k), Argentina ($582k), Canada ($360k), and Uruguay ($198k), and imported mostly from United States ($1.73M), Chile ($769k), China ($267k), Russia ($212k), and Romania ($142k).
Growth: In February 2021, the decrease in Lorena's year-by-year exports was explained primarily by an decrease in exports to China ($-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 Lorena'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%).