Overview In January 2024 Cubatão exported $96.2M and imported $29.5M, resulting in a positive trade balance of $66.7M. Between January 2023 and January 2024 the exports of Cubatão have decreased by $-28.7M (-23%) from $125M to $96.2M, while imports decreased by $-2.58M (-8.03%) from $32.1M to $29.5M.
Trade In January 2024, the top exports of Cubatão were Poultry Meat ($32.1M), Raw Cotton ($19.2M), Soybeans ($11M), Corn ($7.88M), and Petroleum Coke ($6.49M). In January 2024 the top imports of Cubatão were Semi-Finished Iron ($10.3M), Potassic Fertilizers ($6.08M), Nitrogenous Fertilizers ($5.96M), Reaction and Catalytic Products ($1.72M), and Sulphur ($1.3M).
Destinations In January 2024, Cubatão exported mostly to China ($33.7M), Saudi Arabia ($12M), South Africa ($6.95M), Japan ($4.51M), and Paraguay ($3.49M), and imported mostly from Japan ($11.7M), Canada ($4.26M), China ($3.79M), Bahrain ($2.13M), and Israel ($1.86M).
Growth In January 2024, the decrease in Cubatão's year-by-year exports was explained primarily by an decrease in exports to South Africa ($-16.3M or -59.3%), Belgium ($-15.9M or -99.3%), and United Arab Emirates ($-12.6M or -80.4%), and product exports decrease in Hot-Rolled Iron ($-31.3M or -99.9%), Raw Cotton ($-7.19M or -79.2%), and Coffee ($-439k or -32.4%). In January 2024, the decrease in Cubatão's year-by-year imports was explained primarily by an decrease in imports from United States ($-16.8M or -82.2%), Germany ($-333k or -90%), and Italy ($-63.4k or -94.1%), and product imports decrease in Metal-Rolling Mills ($-684k or -100%), Reaction and Catalytic Products ($-301k or -40.7%), and Other Iron Products ($-296k or -89.5%).