Overview: In February 2021 Maceió exported $1.93M and imported $40.2M, resulting in a negative trade balance of $38.3M. Between February 2020 and February 2021 the exports of Maceió have increased by $1.66M (626%) from $265k to $1.93M, while imports decreased by $-2.83M (-6.58%) from $43M to $40.2M.
Trade: In February 2021, the top exports of Maceió 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 Maceió 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, Maceió exported mostly to Romania ($1.63M), Portugal ($115k), United States ($75.7k), Liberia ($27.3k), and Argentina ($24.5k), and imported mostly from China ($23.3M), United States ($2.35M), Saudi Arabia ($2.15M), Hong Kong ($1.56M), and Uruguay ($1.52M).
Growth: In February 2021, the increase in Maceió'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 ($288M or 5.57k%). In February 2021, the decrease in Maceió's year-by-year imports was explained primarily by an decrease in imports from United States ($-972M or -74.1%), United States ($-253M or -29.7%), and United Kingdom ($-143M or -84.7%), and product imports decrease in Other Construction Vehicles ($-1.19B or -100%), Flexible Metal Tubing ($-265M or -75.6%), and Valves ($-154M or -66.3%).