Overview: In February 2021 Nagasaki exported ¥12.1B and imported ¥15.2B, resulting in a negative trade balance of ¥3.15B. Between February 2020 and February 2021 the exports of Nagasaki have decreased by $-18.5B (-60.5%) from ¥30.6B to ¥12.1B, while imports increased by ¥694M (4.77%) from ¥14.5B to ¥15.2B.
Trade: In February 2021, the top exports of Nagasaki were Passenger and Cargo Ships (¥11.1B), Steam Boilers (¥277M), Vehicle Parts (¥225M), Scrap Iron (¥98.3M), and Gas Turbines (¥81.6M). In February 2021 the top imports of Nagasaki were Coal Briquettes (¥9.06B), Petroleum Gas (¥4.27B), Corn (¥628M), Hot-Rolled Iron (¥376M), and Refined Petroleum (¥268M).
Destinations: In February 2021, Nagasaki exported mostly to Singapore (¥4.68B), Liberia (¥3.53B), Panama (¥2.87B), United States (¥233M), and India (¥215M), and imported mostly from United States (¥6.04B), Australia (¥4.19B), Indonesia (¥2.26B), Canada (¥782M), and Colombia (¥753M).
Growth: In February 2021, the decrease in Nagasaki's year-by-year exports was explained primarily by an decrease in exports to Panama (¥-6.37B or -68.9%), Singapore (¥-4.29B or -47.8%), and Philippines (¥-2.65B or -99.7%), and product exports decrease in Passenger and Cargo Ships (¥-12.1B or -52.2%), Commodities not elsewhere specified (¥-5.93B or -99.6%), and Machinery Having Individual Functions (¥-251M or -80.1%). In February 2021, the increase in Nagasaki's year-by-year imports was explained primarily by an increase in imports from United States (¥2.87B or 90.7%), Indonesia (¥535M or 30.9%), and Canada (¥78.6M or 11.2%), and product imports increase in Petroleum Gas (¥1.62B or 61.2%), Corn (¥147M or 30.5%), and Other Processed Fruits and Nuts (¥82.1M or 61.6%).