Overview: In February 2021 Shimane exported ¥212M and imported ¥2.94B, resulting in a negative trade balance of ¥2.73B. Between February 2020 and February 2021 the exports of Shimane have decreased by $-82.4M (-28%) from ¥294M to ¥212M, while imports increased by ¥141M (5.02%) from ¥2.8B to ¥2.94B.
Trade: In February 2021, the top exports of Shimane were Dissolving Grades Chemical Woodpulp (¥126M), Sawn Wood (¥22.8M), Prepr binder for foundry (¥20.6M), Unprocessed Artificial Staple Fibers (¥15.9M), and Other Cast Iron Products (¥13.7M). In February 2021 the top imports of Shimane were Coal Briquettes (¥2.37B), Other Vegetable Products (¥118M), Other inorganic compounds (¥108M), Rough Wood (¥97.9M), and Other Mineral (¥64.6M).
Destinations: In February 2021, Shimane exported mostly to China (¥105M), Taiwan (¥55.1M), South Korea (¥49.6M), Vietnam (¥1.86M), and India (¥535k), and imported mostly from Australia (¥1.27B), Indonesia (¥1.08B), China (¥152M), Russia (¥138M), and Canada (¥97.9M).
Growth: In February 2021, the decrease in Shimane's year-by-year exports was explained primarily by an decrease in exports to China (¥-132M or -55.7%), Vietnam (¥-11.6M or -86.2%), and India (¥-80k or -13%), and product exports decrease in Dissolving Grades Chemical Woodpulp (¥-66.5M or -34.5%), Other Cast Iron Products (¥-16M or -53.8%), and Granulated Slag (¥-919k or -25.8%). In February 2021, the increase in Shimane's year-by-year imports was explained primarily by an increase in imports from Australia (¥214M or 20.3%), Russia (¥136M or 8.64k%), and China (¥10.7M or 7.52%), and product imports increase in Coal Briquettes (¥304M or 14.7%), Other inorganic compounds (¥91.7M or 582%), and Plastic Lids (¥17.1M or 191%).