Overview: In December 2016 Morada Nova exported $15.8k and imported $351k, resulting in a negative trade balance of $335k. Between December 2015 and December 2016 the exports of Morada Nova have increased by $2.76k (21.3%) from $13k to $15.8k, while imports decreased by $-123k (-25.9%) from $474k to $351k.
Trade: In December 2016, the top exports of Morada Nova were Iron Ore ($1.56B), Iron Ore ($1.05B), Crude Petroleum ($902M), Soybeans ($625M), and Crude Petroleum ($464M). In December 2016 the top imports of Morada Nova were Special Purpose Ships ($1.43B), Telephones ($192M), Vehicle Parts ($190M), Electricity ($189M), and Blood, antisera, vaccines, toxins and cultures ($180M).
Destinations: In December 2016, Morada Nova exported mostly to N/A, and imported mostly from Russia ($121k), China ($85.8k), Sweden ($58k), Vietnam ($55.3k), and Czechia ($30.7k).
Growth: In December 2016, the increase in Morada Nova'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 ($288M or 5.57k%). In February 2021, the decrease in Morada Nova's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).