Overview: In February 2021 Uberaba exported $4.07M and imported $82.1M, resulting in a negative trade balance of $78M. Between February 2020 and February 2021 the exports of Uberaba have decreased by $-2.16M (-34.7%) from $6.23M to $4.07M, while imports increased by $22.9M (38.6%) from $59.2M to $82.1M.
Trade: In February 2021, the top exports of Uberaba 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 Uberaba 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, Uberaba exported mostly to Colombia ($1.31M), Bolivia ($450k), United States ($378k), Mexico ($365k), and Chile ($250k), and imported mostly from China ($25.1M), Canada ($11.7M), Mexico ($10M), United States ($7.35M), and Qatar ($6.77M).
Growth: In February 2021, the decrease in Uberaba's year-by-year exports was explained primarily by an decrease in exports to China ($-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 Uberaba'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%).