Overview: In February 2021 Santa Catarina exported $633M and imported $1.88B, resulting in a negative trade balance of $1.25B. Between February 2020 and February 2021 the exports of Santa Catarina have decreased by $-36.7M (-5.47%) from $670M to $633M, while imports increased by $573M (43.7%) from $1.31B to $1.88B.
Trade: In February 2021, the top exports of Santa Catarina were Poultry Meat ($111M), Pig Meat ($92.2M), Engine Parts ($29.6M), Other Furniture ($27.2M), and Wood Carpentry ($24.5M). In February 2021 the top imports of Santa Catarina were Refined Copper ($104M), Vinyl Chloride Polymers ($41.9M), Ethylene Polymers ($38.8M), Non-Retail Synthetic Filament Yarn ($33.2M), and Semiconductor Devices ($33M).
Destinations: In February 2021, Santa Catarina exported mostly to United States ($123M), China ($87.7M), Argentina ($32.3M), Chile ($29.9M), and Japan ($28.8M), and imported mostly from China ($785M), Chile ($148M), United States ($97.7M), Argentina ($77.5M), and Germany ($61M).
Growth: In February 2021, the decrease in Santa Catarina's year-by-year exports was explained primarily by an decrease in exports to China ($-23.5M or -21.1%), Germany ($-8.94M or -43.8%), and Hong Kong ($-8.34M or -38.6%), and product exports decrease in Soybeans ($-44.5M or -95.6%), Poultry Meat ($-19.9M or -15.2%), and Other Cloth Articles ($-8.55M or -98.7%). In February 2021, the increase in Santa Catarina's year-by-year imports was explained primarily by an increase in imports from China ($244M or 45.1%), Chile ($42.6M or 40.2%), and United States ($21.7M or 28.6%), and product imports increase in Refined Copper ($32.2M or 44.7%), Vinyl Chloride Polymers ($27.1M or 182%), and Raw Aluminium ($19.7M or 225%).