Overview: In March 2021 Poços de Caldas exported $18.2M and imported $32.5M, resulting in a negative trade balance of $14.4M. Between March 2020 and March 2021 the exports of Poços de Caldas have increased by $2.27M (14.3%) from $15.9M to $18.2M, while imports increased by $12.3M (60.6%) from $20.3M to $32.5M.
Trade: In March 2021, the top exports of Poços de Caldas were Coffee ($8.04M), Aluminium Ore ($3.45M), Chocolate ($3.05M), Aluminium Oxide ($2.33M), and Other Processed Fruits and Nuts ($348k). In March 2021 the top imports of Poços de Caldas were Raw Aluminium ($9.81M), Malt Extract ($5.49M), Chocolate ($4.14M), Other Edible Preparations ($2.35M), and Baked Goods ($1.68M).
Destinations: In March 2021, Poços de Caldas exported mostly to Argentina ($2.36M), Belgium ($2.17M), Germany ($2.14M), United States ($2.08M), and Saudi Arabia ($1.38M), and imported mostly from Argentina ($8.24M), India ($6.53M), South Africa ($2.24M), Netherlands ($1.72M), and Russia ($1.43M).
Growth: In March 2021, the increase in Poços de Caldas's year-by-year exports was explained primarily by an increase in exports to Germany ($2.06M or 2.67k%), Argentina ($869k or 58.4%), and Belgium ($866k or 66.2%), and product exports increase in Chocolate ($1.44M or 89.6%), Aluminium Oxide ($871k or 59.7%), and Coffee ($716k or 9.77%). In March 2021, the increase in Poços de Caldas's year-by-year imports was explained primarily by an increase in imports from India ($5.82M or 824%), Argentina ($4.09M or 98.7%), and South Africa ($1.68M or 300%), and product imports increase in Raw Aluminium ($7.91M or 416%), Chocolate ($2.45M or 146%), and Malt Extract ($1.96M or 55.5%).