Overview: In February 2021 Mato Grosso do Sul exported $281M and imported $245M, resulting in a positive trade balance of $36.2M. Between February 2020 and February 2021 the exports of Mato Grosso do Sul have decreased by $-28M (-9.04%) from $309M to $281M, while imports increased by $4.03M (1.67%) from $241M to $245M.
Trade: In February 2021, the top exports of Mato Grosso do Sul were Sulfate Chemical Woodpulp ($92M), Frozen Bovine Meat ($32M), Soybean Meal ($30.9M), Iron Ore ($26.5M), and Poultry Meat ($19.8M). In February 2021 the top imports of Mato Grosso do Sul were Petroleum Gas ($73.3M), Refined Petroleum ($64.9M), Coal Tar Oil ($16.6M), Refined Copper ($15.2M), and Nitrogenous Fertilizers ($11.8M).
Destinations: In February 2021, Mato Grosso do Sul exported mostly to China ($74.5M), Netherlands ($22.1M), United States ($20.6M), Italy ($17.5M), and Hong Kong ($15.4M), and imported mostly from United States ($91.3M), Bolivia ($73.6M), China ($31.6M), Chile ($10.5M), and Paraguay ($8.8M).
Growth: In February 2021, the decrease in Mato Grosso do Sul's year-by-year exports was explained primarily by an decrease in exports to China ($-36.1M or -32.6%), Uruguay ($-10.1M or -82.5%), and South Korea ($-8.19M or -70.2%), and product exports decrease in Sulfate Chemical Woodpulp ($-44.2M or -32.4%), Soybeans ($-15.5M or -68.9%), and Raw Sugar ($-4.1M or -83.5%). In February 2021, the increase in Mato Grosso do Sul's year-by-year imports was explained primarily by an increase in imports from United States ($90.8M or 21k%), Russia ($2.32M or 136%), and Qatar ($2.1M or 182%), and product imports increase in Nitrogenous Fertilizers ($8.28M or 234%), Mixed Mineral or Chemical Fertilizers ($6.43M or 377%), and Refined Copper ($3.36M or 28.5%).