Overview: In February 2021 Ōita exported ¥53.2B and imported ¥87.8B, resulting in a negative trade balance of ¥34.6B. Between February 2020 and February 2021 the exports of Ōita have decreased by $-236M (-0.44%) from ¥53.5B to ¥53.2B, while imports increased by ¥201M (0.23%) from ¥87.6B to ¥87.8B.
Trade: In February 2021, the top exports of Ōita were Hot-Rolled Iron (¥17B), Refined Copper (¥11.3B), Industrial Printers (¥7.44B), Flat Flat-Rolled Steel (¥3.97B), and Passenger and Cargo Ships (¥2.19B). In February 2021 the top imports of Ōita were Copper Ore (¥32.3B), Iron Ore (¥15.9B), Refined Petroleum (¥15.8B), Coal Briquettes (¥10.3B), and Petroleum Gas (¥7.11B).
Destinations: In February 2021, Ōita exported mostly to China (¥11.3B), Thailand (¥8.03B), United States (¥5.98B), Taiwan (¥3.25B), and Netherlands (¥2.92B), and imported mostly from Australia (¥25.4B), Chile (¥14.5B), Brazil (¥7.49B), United States (¥6.11B), and China (¥4.99B).
Growth: In February 2021, the decrease in Ōita's year-by-year exports was explained primarily by an decrease in exports to South Korea (¥-2.9B or -62.8%), Panama (¥-2.71B or -55.3%), and Philippines (¥-1.45B or -99%), and product exports decrease in Cyclic Hydrocarbons (¥-3.53B or -89%), Passenger and Cargo Ships (¥-2.71B or -55.3%), and Refined Petroleum (¥-2.01B or -99.4%). In February 2021, the increase in Ōita's year-by-year imports was explained primarily by an increase in imports from Australia (¥9.34B or 58.3%), Chile (¥8.11B or 128%), and United States (¥5.21B or 581%), and product imports increase in Copper Ore (¥12.2B or 60.4%), Refined Petroleum (¥7.31B or 85.8%), and Petroleum Gas (¥3.65B or 105%).