Overview: In February 2021 Paragominas exported $3.14M and imported $100k, resulting in a positive trade balance of $3.04M. Between February 2020 and February 2021 the exports of Paragominas have increased by $2.66M (556%) from $479k to $3.14M, while imports decreased by $-61.3k (-37.9%) from $161k to $100k.
Trade: In February 2021, the top exports of Paragominas 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 Paragominas 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, Paragominas exported mostly to China ($2.41M), Hong Kong ($282k), Israel ($208k), United States ($112k), and Albania ($106k), and imported mostly from United States ($48.7k), China ($42k), and United Kingdom ($9.5k).
Growth: In February 2021, the increase in Paragominas'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 ($288M or 5.57k%). In February 2021, the decrease in Paragominas's year-by-year imports was explained primarily by an decrease in imports from United States ($-972M or -74.1%), United States ($-253M or -29.7%), and United Kingdom ($-143M or -84.7%), and product imports decrease in Other Construction Vehicles ($-1.19B or -100%), Flexible Metal Tubing ($-265M or -75.6%), and Valves ($-154M or -66.3%).