Overview: In February 2021 Pará exported $2.07B and imported $81.8M, resulting in a positive trade balance of $1.99B. Between February 2020 and February 2021 the exports of Pará have increased by $672M (48.2%) from $1.39B to $2.07B, while imports increased by $4.44M (5.74%) from $77.3M to $81.8M.
Trade: In February 2021, the top exports of Pará were Iron Ore ($1.56B), Copper Ore ($153M), Aluminium Oxide ($138M), Gold ($37.1M), and Ferroalloys ($31.4M). In February 2021 the top imports of Pará were Refined Petroleum ($19.7M), Mixed Mineral or Chemical Fertilizers ($9.13M), Sodium or Potassium Peroxides ($9.03M), Potassic Fertilizers ($6.51M), and Coal Briquettes ($4.73M).
Destinations: In February 2021, Pará exported mostly to China ($1.12B), Philippines ($105M), Malaysia ($105M), Canada ($63.4M), and Norway ($62M), and imported mostly from United States ($37.6M), Russia ($10.5M), China ($7.73M), Turkmenistan ($3.87M), and Morocco ($3.69M).
Growth: In February 2021, the increase in Pará's year-by-year exports was explained primarily by an increase in exports to China ($473M or 73.2%), Philippines ($100M or 1.88k%), and Spain ($41M or 510%), and product exports increase in Iron Ore ($656M or 72.6%), Aluminium Oxide ($29.1M or 26.7%), and Ferroalloys ($22.9M or 268%). In February 2021, the increase in Pará's year-by-year imports was explained primarily by an increase in imports from Russia ($9.89M or 1.69k%), China ($5.01M or 185%), and Morocco ($3.69M or 209k%), and product imports increase in Potassic Fertilizers ($4.96M or 320%), Rubber Belting ($3.05M or 42.9k%), and Coal Briquettes ($2.39M or 102%).