Overview: In February 2021 Simões Filho exported $1.27M and imported $11.2M, resulting in a negative trade balance of $9.91M. Between February 2020 and February 2021 the exports of Simões Filho have decreased by $-32.1k (-2.46%) from $1.31M to $1.27M, while imports decreased by $-2.64M (-19.1%) from $13.8M to $11.2M.
Trade: In February 2021, the top exports of Simões Filho 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 Simões Filho 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, Simões Filho exported mostly to United States ($238k), Mexico ($212k), Ecuador ($182k), Argentina ($168k), and Costa Rica ($94.9k), and imported mostly from Ukraine ($2.85M), China ($2.64M), Germany ($1.31M), Spain ($926k), and Taiwan ($402k).
Growth: In February 2021, the decrease in Simões Filho's year-by-year exports was explained primarily by an decrease in exports to China ($-585M or -41.9%), China ($-245M or -69.2%), and Singapore ($-158M or -99.8%), and product exports decrease in Crude Petroleum ($-1.01B or -52.8%), Soybeans ($-356M or -36.3%), and Soybeans ($-222M or -84.2%). In February 2021, the decrease in Simões Filho's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).