Overview: In February 2021 Salto exported $8.97M and imported $9.12M, resulting in a negative trade balance of $152k. Between February 2020 and February 2021 the exports of Salto have increased by $173k (1.97%) from $8.8M to $8.97M, while imports increased by $1.24M (15.7%) from $7.89M to $9.12M.
Trade: In February 2021, the top exports of Salto 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 Salto 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, Salto exported mostly to United States ($3.31M), Argentina ($798k), Spain ($693k), Germany ($685k), and Russia ($589k), and imported mostly from China ($2.06M), United States ($1.52M), Germany ($1.46M), Italy ($893k), and India ($609k).
Growth: In February 2021, the increase in Salto'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 Salto'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 N/A.