Overview: In February 2021 Sombrio exported $2.76M and imported $118k, resulting in a positive trade balance of $2.64M. Between February 2020 and February 2021 the exports of Sombrio have increased by $2.73M (9.7k%) from $28.2k to $2.76M, while imports decreased by $-325k (-73.3%) from $443k to $118k.
Trade: In February 2021, the top exports of Sombrio 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 Sombrio 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, Sombrio exported mostly to Belgium ($2.29M), Turkey ($218k), United States ($214k), Italy ($20.7k), and Vietnam ($15.8k), and imported mostly from China ($118k).
Growth: In February 2021, the increase in Sombrio'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 ($288M or 5.57k%). In February 2021, the decrease in Sombrio's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).