Overview: In February 2021 Piên exported $5.69M and imported $1.22M, resulting in a positive trade balance of $4.47M. Between February 2020 and February 2021 the exports of Piên have increased by $2.09M (58.2%) from $3.6M to $5.69M, while imports increased by $399k (48.3%) from $825k to $1.22M.
Trade: In February 2021, the top exports of Piên 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 Piên 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, Piên exported mostly to Mexico ($2.32M), United States ($1.01M), Peru ($879k), Chile ($458k), and Colombia ($308k), and imported mostly from Sweden ($644k), Italy ($247k), Germany ($152k), Belgium ($148k), and United States ($20.4k).
Growth: In February 2021, the increase in Piên'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 increase in Piên'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%).