Overview: In February 2021 Niigata exported ¥12.6B and imported ¥85.7B, resulting in a negative trade balance of ¥73.2B. Between February 2020 and February 2021 the exports of Niigata have decreased by $-531M (-4.05%) from ¥13.1B to ¥12.6B, while imports increased by ¥31.9B (59.3%) from ¥53.8B to ¥85.7B.
Trade: In February 2021, the top exports of Niigata were Cellulose (¥1.51B), Kaolin Coated Paper (¥852M), Scrap Iron (¥825M), Amine Compounds (¥649M), and Acrylic Polymers (¥476M). In February 2021 the top imports of Niigata were Petroleum Gas (¥58.1B), Fuel Wood (¥3.44B), Hydrogen (¥1.36B), Aluminium Housewares (¥690M), and Raw Aluminium (¥678M).
Destinations: In February 2021, Niigata exported mostly to South Korea (¥3.52B), China (¥2.16B), United States (¥1.02B), Taiwan (¥1.01B), and Vietnam (¥891M), and imported mostly from United States (¥25.7B), Malaysia (¥13.6B), China (¥13.3B), Russia (¥8.82B), and Australia (¥8.06B).
Growth: In February 2021, the decrease in Niigata's year-by-year exports was explained primarily by an decrease in exports to Myanmar (¥-1.16B or -98.2%), Saudi Arabia (¥-373M or -99.4%), and Pakistan (¥-142M or -80.3%), and product exports decrease in Electric Generating Sets (¥-962M or -78.8%), Semi-Finished Iron (¥-356M or -100%), and Photographic Chemicals (¥-247M or -98.5%). In February 2021, the increase in Niigata's year-by-year imports was explained primarily by an increase in imports from United States (¥21.6B or 526%), Malaysia (¥9.14B or 204%), and China (¥5.31B or 66.2%), and product imports increase in Petroleum Gas (¥28.1B or 94%), Hydrogen (¥714M or 111%), and Refined Petroleum (¥453M or 255%).