Overview: In February 2021 Pelotas exported $5.45M and imported $7.28M, resulting in a negative trade balance of $1.84M. Between February 2020 and February 2021 the exports of Pelotas have decreased by $-827k (-13.2%) from $6.27M to $5.45M, while imports increased by $1.8M (32.8%) from $5.48M to $7.28M.
Trade: In February 2021, the top exports of Pelotas 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 Pelotas 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, Pelotas exported mostly to Peru ($3.57M), Uruguay ($639k), Trinidad and Tobago ($232k), United States ($218k), and Paraguay ($199k), and imported mostly from China ($4.2M), Uruguay ($881k), Russia ($848k), Morocco ($394k), and Argentina ($322k).
Growth: In February 2021, the decrease in Pelotas's year-by-year exports was explained primarily by an decrease in exports to China ($-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 Pelotas'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%).