Overview: In February 2021 Tubarão exported $1.79M and imported $1.66M, resulting in a positive trade balance of $129k. Between February 2020 and February 2021 the exports of Tubarão have increased by $621k (53%) from $1.17M to $1.79M, while imports decreased by $-21.8k (-1.29%) from $1.69M to $1.66M.
Trade: In February 2021, the top exports of Tubarão 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 Tubarão 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, Tubarão exported mostly to Paraguay ($469k), Uruguay ($425k), Argentina ($297k), Vietnam ($219k), and United States ($208k), and imported mostly from China ($513k), Argentina ($510k), Vietnam ($271k), Austria ($118k), and Colombia ($103k).
Growth: In February 2021, the increase in Tubarão'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 ($288M or 5.57k%). In February 2021, the decrease in Tubarão's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).