Overview: In February 2021 Monte Alto exported $1.2M and imported $1.53M, resulting in a negative trade balance of $324k. Between February 2020 and February 2021 the exports of Monte Alto have increased by $339k (39.3%) from $862k to $1.2M, while imports increased by $157k (11.5%) from $1.37M to $1.53M.
Trade: In February 2021, the top exports of Monte Alto 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 Monte Alto 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, Monte Alto exported mostly to Argentina ($314k), Portugal ($231k), Paraguay ($145k), United States ($109k), and Bolivia ($67k), and imported mostly from China ($476k), France ($196k), United States ($195k), Germany ($194k), and Hong Kong ($123k).
Growth: In February 2021, the increase in Monte Alto'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 Monte Alto'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%).