Overview: In February 2021 Pimenta Bueno exported $2.9M and imported $6.84M, resulting in a negative trade balance of $3.94M. Between February 2020 and February 2021 the exports of Pimenta Bueno have decreased by $-2.93M (-50.2%) from $5.82M to $2.9M, while imports increased by $3.24M (89.9%) from $3.6M to $6.84M.
Trade: In February 2021, the top exports of Pimenta Bueno 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 Pimenta Bueno 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, Pimenta Bueno exported mostly to Hong Kong ($1.07M), Chile ($994k), Saudi Arabia ($483k), Egypt ($177k), and Peru ($93.5k), and imported mostly from China ($5.69M), Italy ($566k), Indonesia ($191k), South Korea ($124k), and Taiwan ($114k).
Growth: In February 2021, the decrease in Pimenta Bueno's year-by-year exports was explained primarily by an decrease in exports to China ($-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 Pimenta Bueno'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%).