Overview: In February 2021 Porto Alegre exported $23.4M and imported $39M, resulting in a negative trade balance of $15.6M. Between February 2020 and February 2021 the exports of Porto Alegre have increased by $4.21M (22%) from $19.2M to $23.4M, while imports increased by $3.85M (11%) from $35.1M to $39M.
Trade: In February 2021, the top exports of Porto Alegre 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 Porto Alegre 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, Porto Alegre exported mostly to Vietnam ($4.41M), Argentina ($4.35M), United States ($3.28M), China ($3.22M), and Portugal ($1.97M), and imported mostly from China ($9.9M), Argentina ($7.22M), United States ($2.56M), Germany ($2.47M), and Belgium ($2.25M).
Growth: In February 2021, the increase in Porto Alegre'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 Porto Alegre'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%).