Overview: In February 2021 Kagoshima exported ¥7.61B and imported ¥58B, resulting in a negative trade balance of ¥50.4B. Between February 2020 and February 2021 the exports of Kagoshima have decreased by $-292M (-3.69%) from ¥7.9B to ¥7.61B, while imports decreased by ¥-34.6B (-37.4%) from ¥92.6B to ¥58B.
Trade: In February 2021, the top exports of Kagoshima were Commodities not elsewhere specified (¥4.96B), Rough Wood (¥690M), Rubber Tires (¥441M), Sulfate Chemical Woodpulp (¥267M), and Carbides (¥203M). In February 2021 the top imports of Kagoshima were Crude Petroleum (¥42B), Corn (¥5.36B), Soybean Meal (¥1.12B), Rice (¥687M), and Precious Metal Scraps (¥671M).
Destinations: In February 2021, Kagoshima exported mostly to China (¥5.76B), United States (¥364M), South Korea (¥326M), Taiwan (¥288M), and Thailand (¥275M), and imported mostly from Saudi Arabia (¥17B), United Arab Emirates (¥14.7B), United States (¥5.63B), Russia (¥4.11B), and Qatar (¥3.38B).
Growth: In February 2021, the decrease in Kagoshima's year-by-year exports was explained primarily by an decrease in exports to United States (¥-427M or -53.9%), China (¥-117M or -1.99%), and Hong Kong (¥-28.2M or -75.4%), and product exports decrease in Commodities not elsewhere specified (¥-417M or -7.75%), Rubber Tires (¥-369M or -45.6%), and Fish Fillets (¥-194M or -100%). In February 2021, the decrease in Kagoshima's year-by-year imports was explained primarily by an decrease in imports from Kuwait (¥-13.6B or -87.4%), Qatar (¥-7.51B or -68.9%), and Russia (¥-6.37B or -60.8%), and product imports decrease in Crude Petroleum (¥-34.7B or -45.3%), Rice (¥-726M or -51.4%), and Non-fillet Frozen Fish (¥-495M or -83.7%).