Overview: In February 2021 Teutônia exported $367k and imported $1.27M, resulting in a negative trade balance of $906k. Between February 2020 and February 2021 the exports of Teutônia have increased by $208k (131%) from $159k to $367k, while imports decreased by $-1.04M (-45.1%) from $2.32M to $1.27M.
Trade: In February 2021, the top exports of Teutônia 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 Teutônia 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, Teutônia exported mostly to Uruguay ($128k), Hong Kong ($86.6k), Argentina ($66.2k), China ($57.2k), and Colombia ($28.7k), and imported mostly from Chile ($995k), Uruguay ($106k), Germany ($86.1k), Italy ($36.2k), and Austria ($31.7k).
Growth: In February 2021, the increase in Teutônia'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 ($288M or 5.57k%). In February 2021, the decrease in Teutônia's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).