Timóteo

Overview: In February 2021 Timóteo exported $3.52M and imported $5.28M, resulting in a negative trade balance of $1.76M. Between February 2020 and February 2021 the exports of Timóteo have decreased by $-1.8M (-33.8%) from $5.32M to $3.52M, while imports increased by $1.57M (42.5%) from $3.71M to $5.28M.

Trade: In February 2021, the top exports of Timóteo 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 Timóteo 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, Timóteo exported mostly to United States ($1.79M), Argentina ($670k), Germany ($372k), Mexico ($168k), and Uruguay ($156k), and imported mostly from Dominican Republic ($1.75M), South Africa ($1.03M), Mexico ($874k), United States ($581k), and Israel ($258k).

Growth: In February 2021, the decrease in Timóteo'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 increase in Timóteo's year-by-year imports was explained primarily by an increase in imports from Brazil ($1.11B or 235%), China ($276M or 38.4%), and China ($244M or 45.1%), and product imports increase in Electricity ($188M or 23.6k%), Petroleum Gas ($128M or 5.81M%), and Blood, antisera, vaccines, toxins and cultures ($81.9M or 83.2%).