Overview: In February 2021 Petrolina exported $6.61M and imported $1.24M, resulting in a positive trade balance of $5.37M. Between February 2020 and February 2021 the exports of Petrolina have increased by $1.21M (22.5%) from $5.4M to $6.61M, while imports decreased by $-45.4k (-3.54%) from $1.28M to $1.24M.
Trade: In February 2021, the top exports of Petrolina 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 Petrolina 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, Petrolina exported mostly to Netherlands ($2.25M), Spain ($1.77M), United Kingdom ($658k), Portugal ($612k), and United States ($408k), and imported mostly from Chile ($297k), Israel ($278k), Russia ($167k), France ($143k), and Egypt ($95.6k).
Growth: In February 2021, the increase in Petrolina'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 ($288M or 5.57k%). In February 2021, the decrease in Petrolina's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).