Overview: In February 2021 Vila Velha exported $37.5M and imported $41.8M, resulting in a negative trade balance of $4.29M. Between February 2020 and February 2021 the exports of Vila Velha have decreased by $-1.84M (-4.68%) from $39.3M to $37.5M, while imports decreased by $-591k (-1.39%) from $42.3M to $41.8M.
Trade: In February 2021, the top exports of Vila Velha 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 Vila Velha 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, Vila Velha exported mostly to Bahamas ($32.3M), Netherlands ($2.27M), Turkey ($1.28M), United States ($316k), and Ecuador ($183k), and imported mostly from China ($21M), United States ($3.28M), Brazil ($3M), Belgium ($2.41M), and Argentina ($2.09M).
Growth: In February 2021, the decrease in Vila Velha's year-by-year exports was explained primarily by an decrease in exports to China ($-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 ($-222M or -84.2%). In February 2021, the decrease in Vila Velha's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).