Overview: In February 2021 Porto Belo exported $70.3k and imported $2.07M, resulting in a negative trade balance of $2M. Between February 2020 and February 2021 the exports of Porto Belo have increased by $25.1k (55.4%) from $45.2k to $70.3k, while imports increased by $954k (85.3%) from $1.12M to $2.07M.
Trade: In February 2021, the top exports of Porto Belo 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 Belo 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 Belo exported mostly to Hong Kong ($46.4k), Paraguay ($15.8k), United States ($3.5k), France ($3.5k), and Thailand ($1.09k), and imported mostly from China ($1.51M), Vietnam ($333k), Uruguay ($92k), United States ($66k), and India ($65.3k).
Growth: In February 2021, the increase in Porto Belo'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 Belo'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%).