Overview: In February 2021 Nossa Senhora do Socorro exported $17.6k and imported $2.57M, resulting in a negative trade balance of $2.55M. Between February 2020 and February 2021 the exports of Nossa Senhora do Socorro have decreased by $-10.6k (-37.5%) from $28.1k to $17.6k, while imports decreased by $-86.2k (-3.25%) from $2.65M to $2.57M.
Trade: In February 2021, the top exports of Nossa Senhora do Socorro 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 Nossa Senhora do Socorro 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, Nossa Senhora do Socorro exported mostly to Peru ($15.2k), Brunei ($1.82k), Paraguay ($391), and Uruguay ($107), and imported mostly from China ($508k), United States ($391k), India ($217k), Germany ($182k), and Portugal ($178k).
Growth: In February 2021, the decrease in Nossa Senhora do Socorro's year-by-year exports was explained primarily by an decrease in exports to China ($-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 ($-222M or -84.2%). In February 2021, the decrease in Nossa Senhora do Socorro's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).