Overview: In February 2021 Sergipe exported $3.13M and imported $7M, resulting in a negative trade balance of $3.88M. Between February 2020 and February 2021 the exports of Sergipe have decreased by $-889k (-22.1%) from $4.01M to $3.13M, while imports decreased by $-8.95M (-56.1%) from $16M to $7M.
Trade: In February 2021, the top exports of Sergipe were Fruit Juice ($1.8M), Cyclic Hydrocarbons ($405k), Essential Oils ($357k), Other Edible Preparations ($230k), and Rubber Footwear ($161k). In February 2021 the top imports of Sergipe were Textile Fiber Machinery ($792k), Non-Retail Synthetic Filament Yarn ($776k), Low-voltage Protection Equipment ($441k), Insulated Wire ($408k), and Synthetic Filament Yarn Woven Fabric ($317k).
Destinations: In February 2021, Sergipe exported mostly to Netherlands ($832k), Spain ($635k), Chile ($317k), United States ($273k), and Turkey ($263k), and imported mostly from China ($2.03M), Germany ($871k), India ($829k), Czechia ($807k), and United States ($691k).
Growth: In February 2021, the decrease in Sergipe's year-by-year exports was explained primarily by an decrease in exports to Netherlands ($-1.1M or -57%), Belgium ($-811k or -86.6%), and Italy ($-97.2k or -85.3%), and product exports decrease in Fruit Juice ($-665k or -26.9%), Essential Oils ($-280k or -44%), and Other Edible Preparations ($-193k or -45.6%). In February 2021, the decrease in Sergipe's year-by-year imports was explained primarily by an decrease in imports from United States ($-7.36M or -91.4%), Russia ($-3.42M or -99.5%), and Vietnam ($-243k or -92.9%), and product imports decrease in Low-voltage Protection Equipment ($-160k or -26.7%), Electrical Power Accessories ($-144k or -33.1%), and House Linens ($-119k or -95.5%).