Montes Claros

Overview: In February 2021 Montes Claros exported $16.3M and imported $11.9M, resulting in a positive trade balance of $4.47M. Between February 2020 and February 2021 the exports of Montes Claros have decreased by $-3.87M (-19.2%) from $20.2M to $16.3M, while imports decreased by $-2.71M (-18.6%) from $14.6M to $11.9M.

Trade: In February 2021, the top exports of Montes Claros 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 Montes Claros 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, Montes Claros exported mostly to Denmark ($4.13M), Turkey ($1.85M), Egypt ($1.37M), Italy ($1.22M), and India ($1.21M), and imported mostly from Denmark ($5.36M), United States ($1.16M), China ($1.05M), Italy ($963k), and Mexico ($806k).

Growth: In February 2021, the decrease in Montes Claros'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 Montes Claros'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%).