Overview: In February 2021 Patos de Minas exported $2.09M and imported $526k, resulting in a positive trade balance of $1.56M. Between February 2020 and February 2021 the exports of Patos de Minas have decreased by $-64k (-2.97%) from $2.15M to $2.09M, while imports decreased by $-445k (-45.8%) from $970k to $526k.
Trade: In February 2021, the top exports of Patos 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 Patos 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, Patos de Minas exported mostly to Paraguay ($1.62M), Chile ($121k), Mexico ($104k), Peru ($62.5k), and United States ($52.9k), and imported mostly from Germany ($236k), China ($224k), Uruguay ($56.8k), and Thailand ($8.75k).
Growth: In February 2021, the decrease in Patos de Minas's year-by-year exports was explained primarily by an decrease in exports to China ($-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 ($-222M or -84.2%). In February 2021, the decrease in Patos de Minas's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).