Overview: In February 2021 Vespasiano exported $609k and imported $5.88M, resulting in a negative trade balance of $5.27M. Between February 2020 and February 2021 the exports of Vespasiano have decreased by $-695k (-53.3%) from $1.3M to $609k, while imports increased by $541k (10.1%) from $5.33M to $5.88M.
Trade: In February 2021, the top exports of Vespasiano 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 Vespasiano 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, Vespasiano exported mostly to Argentina ($162k), Peru ($137k), Chile ($115k), China ($76.8k), and United States ($34.8k), and imported mostly from Sweden ($2.05M), United States ($1.83M), Finland ($596k), China ($221k), and India ($198k).
Growth: In February 2021, the decrease in Vespasiano's year-by-year exports was explained primarily by an decrease in exports to China ($-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 Vespasiano'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%).