Overview: In February 2021 Paraíba exported $9.91M and imported $35.1M, resulting in a negative trade balance of $25.2M. Between February 2020 and February 2021 the exports of Paraíba have decreased by $-1.93M (-16.3%) from $11.8M to $9.91M, while imports decreased by $-9.96M (-22.1%) from $45.1M to $35.1M.
Trade: In February 2021, the top exports of Paraíba were Rubber Footwear ($3.7M), Alcohol > 80% ABV ($2.16M), Fruit Juice ($1.29M), Titanium Ore ($574k), and Textile Footwear ($376k). In February 2021 the top imports of Paraíba were Crude Petroleum ($13M), Malt ($2.05M), Rubber Tires ($1.69M), Textile Footwear ($1.32M), and Synthetic Rubber ($927k).
Destinations: In February 2021, Paraíba exported mostly to Netherlands ($2.92M), United States ($827k), Belgium ($665k), France ($583k), and India ($574k), and imported mostly from United States ($14.4M), China ($7.15M), Germany ($2.59M), Vietnam ($1.77M), and Argentina ($1.73M).
Growth: In February 2021, the decrease in Paraíba's year-by-year exports was explained primarily by an decrease in exports to Thailand ($-1.79M or -99.1%), France ($-769k or -56.9%), and China ($-608k or -61.9%), and product exports decrease in Rubber Footwear ($-2.5M or -40.3%), Granite ($-314k or -54.7%), and Textile Footwear ($-308k or -45%). In February 2021, the decrease in Paraíba's year-by-year imports was explained primarily by an decrease in imports from Argentina ($-5.43M or -75.9%), China ($-3.69M or -34%), and Mexico ($-2.51M or -91.7%), and product imports decrease in Synthetic Rubber ($-2.75M or -74.8%), Computers ($-921k or -96.4%), and Textile Footwear ($-917k or -41%).