Overview: In February 2021 Tottori exported ¥6.3B and imported ¥3.53B, resulting in a positive trade balance of ¥2.76B. Between February 2020 and February 2021 the exports of Tottori have increased by $327M (5.48%) from ¥5.97B to ¥6.3B, while imports decreased by ¥-476M (-11.9%) from ¥4.01B to ¥3.53B.
Trade: In February 2021, the top exports of Tottori were Flat Flat-Rolled Steel (¥952M), Dissolving Grades Chemical Woodpulp (¥640M), Other Steel Bars (¥615M), Tractors (¥596M), and Flat-Rolled Stainless Steel (¥445M). In February 2021 the top imports of Tottori were Fuel Wood (¥775M), Steam Boilers (¥309M), Excavation Machinery (¥280M), Rough Wood (¥231M), and Lifting Machinery (¥189M).
Destinations: In February 2021, Tottori exported mostly to China (¥2.02B), South Korea (¥946M), United States (¥690M), Thailand (¥358M), and Philippines (¥352M), and imported mostly from China (¥1.32B), Indonesia (¥480M), Malaysia (¥399M), Germany (¥346M), and Canada (¥231M).
Growth: In February 2021, the increase in Tottori's year-by-year exports was explained primarily by an increase in exports to United States (¥397M or 136%), China (¥221M or 12.2%), and Philippines (¥211M or 149%), and product exports increase in Tractors (¥457M or 331%), Plywood (¥205M or 157%), and Other Steel Bars (¥175M or 39.9%). In February 2021, the decrease in Tottori's year-by-year imports was explained primarily by an decrease in imports from Indonesia (¥-643M or -57.2%), Vietnam (¥-507M or -94.3%), and Canada (¥-166M or -41.8%), and product imports decrease in Commodities not elsewhere specified (¥-620M or -98.9%), Fuel Wood (¥-578M or -42.7%), and Crustaceans (¥-164M or -98.6%).