Overview: In February 2021 Uberlândia exported $8.5M and imported $25.8M, resulting in a negative trade balance of $17.4M. Between February 2020 and February 2021 the exports of Uberlândia have decreased by $-9.49M (-52.8%) from $18M to $8.5M, while imports increased by $12.6M (94.8%) from $13.3M to $25.8M.
Trade: In February 2021, the top exports of Uberlândia 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 Uberlândia 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, Uberlândia exported mostly to Vietnam ($3.06M), Colombia ($1.7M), India ($1.03M), China ($643k), and Chile ($455k), and imported mostly from Paraguay ($9.9M), Germany ($5.13M), China ($1.91M), Argentina ($1.56M), and United States ($1.28M).
Growth: In February 2021, the decrease in Uberlândia's year-by-year exports was explained primarily by an decrease in exports to China ($-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 Uberlândia'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%).