Overview: In February 2021 Nova Mutum exported $55.2M and imported $11.8M, resulting in a positive trade balance of $43.4M. Between February 2020 and February 2021 the exports of Nova Mutum have decreased by $-33.3M (-37.7%) from $88.5M to $55.2M, while imports increased by $7.75M (191%) from $4.07M to $11.8M.
Trade: In February 2021, the top exports of Nova Mutum 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 Mutum 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 Mutum exported mostly to China ($25.7M), Japan ($9.48M), Indonesia ($8.83M), Myanmar ($5.29M), and Vietnam ($2.17M), and imported mostly from Russia ($9.86M) and Qatar ($1.95M).
Growth: In February 2021, the decrease in Nova Mutum's year-by-year exports was explained primarily by an decrease in exports to China ($-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 increase in Nova Mutum'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%).