Overview: In February 2021 São Gonçalo do Rio Abaixo exported $74.1M and imported $14k, resulting in a positive trade balance of $74M. Between February 2020 and February 2021 the exports of São Gonçalo do Rio Abaixo have increased by $44.5M (151%) from $29.5M to $74.1M, while imports decreased by $-28.7k (-67.1%) from $42.7k to $14k.
Trade: In February 2021, the top exports of São Gonçalo do Rio Abaixo 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 Gonçalo do Rio Abaixo 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 Gonçalo do Rio Abaixo exported mostly to China ($37.5M), Malaysia ($16.3M), Philippines ($7.7M), Belgium ($3.48M), and Spain ($3.17M), and imported mostly from United States ($5.72k), Germany ($3.6k), Canada ($3.02k), and India ($1.68k).
Growth: In February 2021, the increase in São Gonçalo do Rio Abaixo'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 ($288M or 5.57k%). In February 2021, the decrease in São Gonçalo do Rio Abaixo's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).