Overview: In February 2021 Palmital exported $572k and imported $1.05M, resulting in a negative trade balance of $480k. Between February 2020 and February 2021 the exports of Palmital have increased by $453k (384%) from $118k to $572k, while imports increased by $468k (80.2%) from $584k to $1.05M.
Trade: In February 2021, the top exports of Palmital 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 Palmital 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, Palmital exported mostly to United States ($254k), Guatemala ($75.4k), Honduras ($73k), Mexico ($71.1k), and Belgium ($52.6k), and imported mostly from United Kingdom ($468k), United States ($379k), China ($99.9k), Spain ($62.2k), and Germany ($42k).
Growth: In February 2021, the increase in Palmital's year-by-year exports was explained primarily by an increase in exports to China ($555M or 10.7k%), China ($473M or 73.2%), and China ($380M or 101%), and product exports increase in Iron Ore ($656M or 72.6%), Iron Ore ($593M or 129%), and Soybeans ($288M or 5.57k%). In February 2021, the increase in Palmital'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%).