Overview: In February 2021 Miyazaki exported ¥5.73B and imported ¥3.15B, resulting in a positive trade balance of ¥2.58B. Between February 2020 and February 2021 the exports of Miyazaki have decreased by $-953M (-14.3%) from ¥6.69B to ¥5.73B, while imports decreased by ¥-107M (-3.27%) from ¥3.26B to ¥3.15B.
Trade: In February 2021, the top exports of Miyazaki were Ferroalloys (¥983M), Polyamides (¥777M), Non-Retail Artificial Filament Yarn (¥728M), Other Plastic Sheetings (¥678M), and Non-Retail Synthetic Filament Yarn (¥539M). In February 2021 the top imports of Miyazaki were Fuel Wood (¥1.02B), Amine Compounds (¥648M), Manganese Ore (¥504M), Nickel Ore (¥252M), and Other Vegetable Products (¥108M).
Destinations: In February 2021, Miyazaki exported mostly to China (¥2.01B), South Korea (¥1.04B), India (¥506M), Thailand (¥369M), and Indonesia (¥266M), and imported mostly from United States (¥673M), Gabon (¥504M), Thailand (¥429M), Vietnam (¥359M), and New Zealand (¥329M).
Growth: In February 2021, the decrease in Miyazaki's year-by-year exports was explained primarily by an decrease in exports to South Korea (¥-659M or -38.8%), India (¥-322M or -38.8%), and Taiwan (¥-277M or -58.3%), and product exports decrease in Electric Batteries (¥-1.18B or -100%), Non-Retail Artificial Filament Yarn (¥-217M or -22.9%), and Petroleum Resins (¥-206M or -51.8%). In February 2021, the decrease in Miyazaki's year-by-year imports was explained primarily by an decrease in imports from New Caledonia (¥-669M or -100%), Indonesia (¥-484M or -95.2%), and Australia (¥-221M or -94.4%), and product imports decrease in Coal Briquettes (¥-486M or -100%), Nickel Ore (¥-417M or -62.4%), and Commodities not elsewhere specified (¥-210M or -96.8%).