Overview: In February 2021 Matão exported $55.9M and imported $1.56M, resulting in a positive trade balance of $54.4M. Between February 2020 and February 2021 the exports of Matão have increased by $739k (1.34%) from $55.2M to $55.9M, while imports increased by $422k (37%) from $1.14M to $1.56M.
Trade: In February 2021, the top exports of Matão 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 Matão 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, Matão exported mostly to Belgium ($22.7M), United States ($16.2M), China ($4.67M), Argentina ($1.24M), and Germany ($1.11M), and imported mostly from China ($385k), Russia ($315k), India ($282k), South Korea ($152k), and Hong Kong ($105k).
Growth: In February 2021, the increase in Matão'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 increase in Matão'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%).