Overview: In February 2021 Nova Itaberaba exported $144k and imported $258k, resulting in a negative trade balance of $114k. Between February 2020 and February 2021 the exports of Nova Itaberaba have decreased by $-197k (-57.9%) from $341k to $144k, while imports increased by $159k (161%) from $98.9k to $258k.
Trade: In February 2021, the top exports of Nova Itaberaba 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 Itaberaba 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 Itaberaba exported mostly to Paraguay ($117k), Argentina ($20.9k), and Panama ($5.6k), and imported mostly from .
Growth: In February 2021, the decrease in Nova Itaberaba's year-by-year exports was explained primarily by an decrease in exports to China ($-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 January 2021, the increase in Nova Itaberaba'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%).