Overview In July 2021 Teófilo Otoni exported $1.02M and imported $3.57k, resulting in a positive trade balance of $1.01M. Between July 2020 and July 2021 the exports of Teófilo Otoni have increased by $896k (737%) from $122k to $1.02M, while imports increased by $2.57k (255%) from $1.01k to $3.57k.
Trade In July 2021, the top exports of Teófilo Otoni were Precious Stones ($538k), Quartz ($265k), Pearl Products ($207k), Mica ($6.96k), and Other Mineral ($282). In July 2021 the top imports of Teófilo Otoni were Other Electrical Machinery ($2.24k) and Trunks and Cases ($1.33k).
Destinations In July 2021, Teófilo Otoni exported mostly to United States ($606k), Thailand ($89.7k), Hong Kong ($86.5k), Germany ($70.8k), and China ($59.7k), and imported mostly from China ($2.24k) and South Korea ($1.33k).
Growth In July 2021, the increase in Teófilo Otoni's year-by-year exports was explained primarily by an increase in exports to United States ($592k or 4.2k%), Hong Kong ($83.1k or 2.44k%), and Thailand ($79.6k or 787%), and product exports increase in Precious Stones ($427k or 385%) and Quartz ($255k or 2.42k%). In June 2021, the increase in Teófilo Otoni's year-by-year imports was explained primarily by an increase in imports from , and product imports increase in .