Overview: In February 2021 Senador Canedo exported $9.4M and imported $6.8M, resulting in a positive trade balance of $2.6M. Between February 2020 and February 2021 the exports of Senador Canedo have increased by $5.14M (120%) from $4.26M to $9.4M, while imports decreased by $-487k (-6.69%) from $7.29M to $6.8M.
Trade: In February 2021, the top exports of Senador Canedo 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 Senador Canedo 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, Senador Canedo exported mostly to China ($7.47M), Italy ($1.58M), Egypt ($150k), Philippines ($104k), and Netherlands ($73.2k), and imported mostly from Argentina ($2.22M), Turkey ($1.43M), Germany ($910k), France ($622k), and India ($558k).
Growth: In February 2021, the increase in Senador Canedo'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 ($288M or 5.57k%). In February 2021, the decrease in Senador Canedo's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).