Overview: In February 2021 Pará de Minas exported $1.06M and imported $2M, resulting in a negative trade balance of $940k. Between February 2020 and February 2021 the exports of Pará de Minas have decreased by $-4.23M (-80%) from $5.29M to $1.06M, while imports increased by $983k (96.8%) from $1.02M to $2M.
Trade: In February 2021, the top exports of Pará de Minas 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 Pará de Minas 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, Pará de Minas exported mostly to Taiwan ($375k), Thailand ($242k), Argentina ($150k), Japan ($131k), and United States ($118k), and imported mostly from Colombia ($883k), Taiwan ($211k), France ($172k), Sweden ($167k), and United States ($163k).
Growth: In February 2021, the decrease in Pará de Minas's year-by-year exports was explained primarily by an decrease in exports to China ($-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 Pará de Minas'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%).