Overview: In February 2021 Marabá exported $120M and imported $1.11M, resulting in a positive trade balance of $118M. Between February 2020 and February 2021 the exports of Marabá have decreased by $-7.47M (-5.88%) from $127M to $120M, while imports decreased by $-1.5M (-57.5%) from $2.61M to $1.11M.
Trade: In February 2021, the top exports of Marabá 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 Marabá 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, Marabá exported mostly to Germany ($33.4M), Georgia ($31.7M), Bulgaria ($16.8M), Sweden ($13.3M), and Finland ($13.3M), and imported mostly from United States ($474k), Japan ($251k), China ($228k), India ($137k), and Switzerland ($6.57k).
Growth: In February 2021, the decrease in Marabá's year-by-year exports was explained primarily by an decrease in exports to China ($-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 ($-222M or -84.2%). In February 2021, the decrease in Marabá's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).