Overview: In February 2021 Porto Seguro exported $1.25M and imported $81.3k, resulting in a positive trade balance of $1.17M. Between February 2020 and February 2021 the exports of Porto Seguro have decreased by $-671k (-34.9%) from $1.92M to $1.25M, while imports increased by $64.9k (396%) from $16.4k to $81.3k.
Trade: In February 2021, the top exports of Porto Seguro 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 Seguro 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 Seguro exported mostly to Vietnam ($921k), United States ($328k), United Arab Emirates ($1.41k), and Switzerland ($758), and imported mostly from Canada ($76.2k) and China ($5.14k).
Growth: In February 2021, the decrease in Porto Seguro's year-by-year exports was explained primarily by an decrease in exports to China ($-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 Seguro'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%).