Overview: In February 2021 Ribeirão Preto exported $16.7M and imported $13.8M, resulting in a positive trade balance of $2.97M. Between February 2020 and February 2021 the exports of Ribeirão Preto have increased by $4.3M (34.7%) from $12.4M to $16.7M, while imports increased by $1.16M (9.23%) from $12.6M to $13.8M.
Trade: In February 2021, the top exports of Ribeirão Preto 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 Ribeirão Preto 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, Ribeirão Preto exported mostly to United States ($1.86M), Spain ($1.4M), Germany ($1.12M), Netherlands ($1.07M), and South Africa ($976k), and imported mostly from China ($3.91M), United States ($2.53M), Russia ($1.03M), Israel ($684k), and Italy ($647k).
Growth: In February 2021, the increase in Ribeirão Preto'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 Ribeirão Preto'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%).