Overview: In February 2021 Porto Real exported $6.41M and imported $17.4M, resulting in a negative trade balance of $11M. Between February 2020 and February 2021 the exports of Porto Real have decreased by $-22.8M (-78%) from $29.2M to $6.41M, while imports increased by $2.66M (18.1%) from $14.7M to $17.4M.
Trade: In February 2021, the top exports of Porto Real 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 Real 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 Real exported mostly to Argentina ($4.13M), Paraguay ($877k), Uruguay ($610k), Bolivia ($221k), and Costa Rica ($170k), and imported mostly from Argentina ($7.3M), Uruguay ($5.75M), Poland ($978k), Italy ($882k), and Turkey ($605k).
Growth: In February 2021, the decrease in Porto Real's year-by-year exports was explained primarily by an decrease in exports to China ($-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 Porto Real'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%).