Overview: In February 2021 Saga exported ¥1.22B and imported ¥6.16B, resulting in a negative trade balance of ¥4.94B. Between February 2020 and February 2021 the exports of Saga have decreased by $-98.9M (-7.5%) from ¥1.32B to ¥1.22B, while imports increased by ¥795M (14.8%) from ¥5.37B to ¥6.16B.
Trade: In February 2021, the top exports of Saga were Cars (¥500M), Other Uncoated Paper (¥166M), Semi-Finished Iron (¥113M), Non-fillet Frozen Fish (¥46.4M), and Centrifuges (¥38M). In February 2021 the top imports of Saga were Semiconductor Devices (¥632M), Other Furniture (¥622M), Seats (¥550M), Iron Structures (¥339M), and Electric Heaters (¥302M).
Destinations: In February 2021, Saga exported mostly to Russia (¥559M), South Korea (¥231M), China (¥160M), Malaysia (¥110M), and Vietnam (¥79.3M), and imported mostly from China (¥4.44B), South Korea (¥499M), Vietnam (¥209M), Thailand (¥197M), and Russia (¥176M).
Growth: In February 2021, the decrease in Saga's year-by-year exports was explained primarily by an decrease in exports to South Korea (¥-105M or -31.2%), China (¥-97M or -37.8%), and Vietnam (¥-57M or -41.8%), and product exports decrease in Scrap Iron (¥-125M or -100%), Glass Fibers (¥-39.5M or -100%), and Non-fillet Frozen Fish (¥-25M or -35%). In February 2021, the increase in Saga's year-by-year imports was explained primarily by an increase in imports from China (¥3.3B or 288%), Vietnam (¥61.8M or 42%), and Thailand (¥38.5M or 24.2%), and product imports increase in Other Furniture (¥473M or 317%), Semiconductor Devices (¥433M or 217%), and Seats (¥399M or 265%).