Overview: In February 2021 São Paulo exported $3.18B and imported $4.41B, resulting in a negative trade balance of $1.23B. Between February 2020 and February 2021 the exports of São Paulo have decreased by $-197M (-5.83%) from $3.38B to $3.18B, while imports increased by $444M (11.2%) from $3.97B to $4.41B.
Trade: In February 2021, the top exports of São Paulo were Raw Sugar ($318M), Crude Petroleum ($196M), Planes, Helicopters, and/or Spacecraft ($190M), Cars ($143M), and Large Construction Vehicles ($130M). In February 2021 the top imports of São Paulo were Telephones ($192M), Vehicle Parts ($190M), Blood, antisera, vaccines, toxins and cultures ($180M), Integrated Circuits ($177M), and Packaged Medicaments ($158M).
Destinations: In February 2021, São Paulo exported mostly to United States ($485M), China ($351M), Argentina ($345M), Netherlands ($135M), and Mexico ($128M), and imported mostly from China ($995M), United States ($599M), Germany ($357M), Argentina ($217M), and South Korea ($201M).
Growth: In February 2021, the decrease in São Paulo's year-by-year exports was explained primarily by an decrease in exports to China ($-103M or -22.6%), United States ($-64.4M or -11.7%), and South Korea ($-59.3M or -69%), and product exports decrease in Crude Petroleum ($-166M or -45.8%), Refined Petroleum ($-121M or -52.7%), and Soybeans ($-63.4M or -57.4%). In February 2021, the increase in São Paulo's year-by-year imports was explained primarily by an increase in imports from China ($276M or 38.4%), Argentina ($73.2M or 51%), and South Korea ($65.3M or 48.1%), and product imports increase in Blood, antisera, vaccines, toxins and cultures ($81.9M or 83.2%), Delivery Trucks ($70.5M or 991k%), and Telephones ($63.8M or 49.7%).