Formosa

Overview In February 2024 Formosa exported $253k and imported $640k, resulting in a negative trade balance of $387k. Between February 2023 and February 2024 the exports of Formosa have decreased by $-497k (-66.3%) from $750k to $253k, while imports decreased by $-1.33M (-67.5%) from $1.97M to $640k.

Trade In February 2024, the top exports of Formosa were Animal or Vegetable Fertilizers ($253k). In February 2024 the top imports of Formosa were Electrical Transformers ($166k), Transmissions ($151k), Engine Parts ($119k), Monofilament ($67.5k), and Centrifuges ($23.8k).

Destinations In February 2024, Formosa exported mostly to Paraguay ($253k), and imported mostly from China ($395k), Hong Kong ($167k), and United States ($76.9k).

Growth In February 2024, the decrease in Formosa's year-by-year exports was explained primarily by an decrease in exports to , and product exports decrease in . In February 2024, the decrease in Formosa's year-by-year imports was explained primarily by an decrease in imports from China ($-983k or -97.5%) and Switzerland ($-5.87k or -3.4%), and product imports decrease in Engine Parts ($-262k or -92.2%), Transmissions ($-55.6k or -85.8%), and Plastic Lids ($-53.9k or -93.9%).