Overview: In February 2021 Nova Europa exported $1.61M and imported $467, resulting in a positive trade balance of $1.61M. Between February 2020 and February 2021 the exports of Nova Europa have decreased by $-3.22M (-66.6%) from $4.83M to $1.61M, while imports decreased by $-127 (-21.4%) from $594 to $467.
Trade: In February 2021, the top exports of Nova Europa 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 Nova Europa 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, Nova Europa exported mostly to Guinea ($546k), Gambia ($263k), Togo ($220k), Ghana ($193k), and Colombia ($139k), and imported mostly from .
Growth: In February 2021, the decrease in Nova Europa's year-by-year exports was explained primarily by an decrease in exports to China ($-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 ($-222M or -84.2%). In September 2014, the decrease in Nova Europa's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).