Overview: In February 2021 Louveira exported $2.29M and imported $37.1M, resulting in a negative trade balance of $34.8M. Between February 2020 and February 2021 the exports of Louveira have decreased by $-165k (-6.73%) from $2.45M to $2.29M, while imports increased by $10.3M (38.4%) from $26.8M to $37.1M.
Trade: In February 2021, the top exports of Louveira 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 Louveira 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, Louveira exported mostly to Argentina ($925k), Chile ($359k), United States ($302k), Uruguay ($178k), and Peru ($161k), and imported mostly from China ($5.64M), United States ($4.42M), Vietnam ($3.46M), Chile ($3.22M), and Indonesia ($2.92M).
Growth: In February 2021, the decrease in Louveira's year-by-year exports was explained primarily by an decrease in exports to China ($-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 Louveira'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%).