Overview: In February 2021 São Gabriel exported $5.47M and imported $2.1M, resulting in a positive trade balance of $3.37M. Between February 2020 and February 2021 the exports of São Gabriel have increased by $2.96M (118%) from $2.51M to $5.47M, while imports decreased by $-31.8k (-1.49%) from $2.13M to $2.1M.
Trade: In February 2021, the top exports of São Gabriel 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 São Gabriel 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, São Gabriel exported mostly to China ($5.11M), Russia ($137k), Hong Kong ($83k), Japan ($80.3k), and Belgium ($44k), and imported mostly from Argentina ($1.45M) and Uruguay ($645k).
Growth: In February 2021, the increase in São Gabriel'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 ($288M or 5.57k%). In February 2021, the decrease in São Gabriel's year-by-year imports was explained primarily by an decrease in imports from United States ($-972M or -74.1%), United States ($-253M or -29.7%), and United Kingdom ($-143M or -84.7%), and product imports decrease in Other Construction Vehicles ($-1.19B or -100%), Flexible Metal Tubing ($-265M or -75.6%), and Valves ($-154M or -66.3%).