Overview In January 2024 Fortaleza exported $54.2M and imported $70.2M, resulting in a negative trade balance of $16M. Between January 2023 and January 2024 the exports of Fortaleza have increased by $40.4M (293%) from $13.8M to $54.2M, while imports decreased by $-27.4M (-28.1%) from $97.6M to $70.2M.
Trade In January 2024, the top exports of Fortaleza were Corn ($25.3M), Wheat ($10.5M), Refined Petroleum ($8.63M), Crustaceans ($2.13M), and Coconuts, Brazil Nuts, and Cashews ($1.9M). In January 2024 the top imports of Fortaleza were Refined Petroleum ($28.1M), Wheat ($18.7M), Petroleum Coke ($4.79M), Semiconductor Devices ($2.73M), and Synthetic Filament Yarn Woven Fabric ($2.33M).
Destinations In January 2024, Fortaleza exported mostly to Iran ($15.5M), Vietnam ($10.5M), China ($10.3M), Singapore ($5.46M), and United States ($3.26M), and imported mostly from Argentina ($19.1M), China ($13.1M), Russia ($11.6M), Netherlands ($11.2M), and United States ($6.2M).
Growth In January 2024, the increase in Fortaleza's year-by-year exports was explained primarily by an increase in exports to Venezuela ($846k or 122%), Portugal ($748k or 130%), and Germany ($494k or 70.8%), and product exports increase in Refined Petroleum ($1.1M or 58.5%), Wheat Flours ($874k or 132%), and Corn ($224k or 4.47M%). In January 2024, the decrease in Fortaleza's year-by-year imports was explained primarily by an decrease in imports from United States ($-3.16M or -19%), Vietnam ($-2.5M or -93.2%), and Netherlands ($-1.93M or -20.7%), and product imports decrease in Refined Petroleum ($-117M or -77.5%), Synthetic Filament Yarn Woven Fabric ($-650k or -26.4%), and Other Iron Products ($-473k or -86.6%).