Overview: In February 2021 Olinda exported $30.5k and imported $4.01M, resulting in a negative trade balance of $3.98M. Between February 2020 and February 2021 the exports of Olinda have decreased by $-27.8k (-47.7%) from $58.4k to $30.5k, while imports increased by $1.42M (54.9%) from $2.59M to $4.01M.
Trade: In February 2021, the top exports of Olinda 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 Olinda 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, Olinda exported mostly to United States ($7.33k), India ($7.07k), Benin ($4.88k), Belgium ($3.85k), and Argentina ($3.48k), and imported mostly from Argentina ($2.93M), United States ($641k), India ($192k), China ($137k), and Spain ($113k).
Growth: In February 2021, the decrease in Olinda's year-by-year exports was explained primarily by an decrease in exports to China ($-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 Olinda'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%).