Betim

Overview In February 2024 Betim exported $117M and imported $123M, resulting in a negative trade balance of $5.72M. Between February 2023 and February 2024 the exports of Betim have decreased by $-24.3M (-17.2%) from $141M to $117M, while imports increased by $17.7M (16.8%) from $105M to $123M.

Trade In February 2024, the top exports of Betim were Delivery Trucks ($35.9M), Cars ($19.7M), Motor vehicles; parts and accessories (8701... ($19.7M), Spark-Ignition Engines ($9.85M), and Pig Iron ($7.14M). In February 2024 the top imports of Betim were Motor vehicles; parts and accessories (8701... ($13.5M), Engine Parts ($11.7M), Cars ($11.5M), Other Measuring Instruments ($11.5M), and Machinery Having Individual Functions ($10.1M).

Destinations In February 2024, Betim exported mostly to Argentina ($61.4M), Mexico ($22.4M), United States ($7.85M), Uruguay ($6.34M), and Chile ($5.64M), and imported mostly from Italy ($29.4M), China ($18.1M), Germany ($14.6M), Argentina ($13.2M), and Japan ($9.4M).

Growth In February 2024, the decrease in Betim's year-by-year exports was explained primarily by an decrease in exports to France ($-8.48M or -96.3%), Uruguay ($-5.93M or -94.3%), and Mexico ($-2.32M or -63.4%), and product exports decrease in Calculators ($-7.12M or -69.5%), Delivery Trucks ($-4.03M or -41.6%), and Cars ($-2.4M or -38.4%). In February 2024, the increase in Betim's year-by-year imports was explained primarily by an increase in imports from Italy ($8.86M or 145%), United Kingdom ($2.2M or 140%), and Sweden ($1.54M or 288%), and product imports increase in Electrical Ignitions ($4.77M or 592%), Large Construction Vehicles ($2.99M or 125%), and Transmissions ($2.73M or 427%).