Overview: In February 2021 Porto Ferreira exported $603k and imported $2.53M, resulting in a negative trade balance of $1.93M. Between February 2020 and February 2021 the exports of Porto Ferreira have increased by $312k (108%) from $290k to $603k, while imports increased by $49.3k (1.98%) from $2.49M to $2.53M.
Trade: In February 2021, the top exports of Porto Ferreira 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 Ferreira 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 Ferreira exported mostly to Argentina ($160k), Paraguay ($104k), Bolivia ($81k), Colombia ($43k), and Chile ($41.7k), and imported mostly from United States ($394k), China ($393k), Paraguay ($390k), Netherlands ($390k), and Uruguay ($251k).
Growth: In February 2021, the increase in Porto Ferreira'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 Ferreira'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%).