Overview: In March 2021 Alagoas exported $75.5M and imported $74.9M, resulting in a positive trade balance of $589k. Between March 2020 and March 2021 the exports of Alagoas have increased by $29.1M (62.8%) from $46.3M to $75.5M, while imports decreased by $-2.13M (-2.77%) from $77M to $74.9M.
Trade: In March 2021, the top exports of Alagoas were Raw Sugar ($72.4M), Alcohol > 80% ABV ($2.28M), Unglazed Ceramics ($501k), Fruit Juice ($47.5k), and Coconut Oil ($34.9k). In March 2021 the top imports of Alagoas were Halogenated Hydrocarbons ($12.2M), Nitrogenous Fertilizers ($5.11M), Salt ($4.11M), Stranded Aluminium Wire ($3.1M), and Onions ($2.7M).
Destinations: In March 2021, Alagoas exported mostly to Canada ($23.4M), Tunisia ($20.4M), Uzbekistan ($11.3M), Romania ($10.3M), and Algeria ($6.89M), and imported mostly from China ($31.4M), United States ($15.8M), Chile ($4.72M), Russia ($4.46M), and Netherlands ($2.75M).
Growth: In March 2021, the increase in Alagoas's year-by-year exports was explained primarily by an increase in exports to Canada ($18.2M or 348%), Turkey ($1.08M or 90%), and Chile ($26.6k or 74.5%), and product exports increase in Raw Sugar ($38.6M or 114%), Other Processed Fruits and Nuts ($20.5k or 4.76k%), and Frozen Bovine Meat ($5.19k or 180%). In March 2021, the decrease in Alagoas's year-by-year imports was explained primarily by an decrease in imports from United States ($-2.52M or -13.7%), Argentina ($-764k or -30.9%), and India ($-498k or -41.8%), and product imports decrease in Mixed Mineral or Chemical Fertilizers ($-3.31M or -71.6%), Onions ($-2.73M or -50.3%), and Cement Articles ($-1.74M or -89.1%).