Ipatinga

Overview In February 2024 Ipatinga exported $22.8M and imported $16.2M, resulting in a positive trade balance of $6.53M. Between February 2023 and February 2024 the exports of Ipatinga have decreased by $-17.6M (-43.6%) from $40.4M to $22.8M, while imports decreased by $-87.4M (-84.3%) from $104M to $16.2M.

Trade In February 2024, the top exports of Ipatinga were Coated Flat-Rolled Iron ($16.1M), Hot-Rolled Iron ($3M), Flat Flat-Rolled Steel ($2.35M), Cold-Rolled Iron ($1.17M), and Perfume Plants ($18.4k). In February 2024 the top imports of Ipatinga were Coal Briquettes ($12.6M), Ferroalloys ($1.45M), Manganese ($1.16M), Alkaline Metals ($224k), and Air Pumps ($202k).

Destinations In February 2024, Ipatinga exported mostly to United States ($13.7M), Argentina ($9.07M), Dominican Republic ($19.5k), and Portugal ($2.64k), and imported mostly from United States ($12.7M), China ($1.24M), Chile ($775k), Norway ($553k), and Japan ($441k).

Growth In February 2024, the decrease in Ipatinga's year-by-year exports was explained primarily by an decrease in exports to , and product exports decrease in Flat Flat-Rolled Steel ($-13.3M or -81.2%), Cold-Rolled Iron ($-12.3M or -89.1%), and Coated Flat-Rolled Iron ($-2.71M or -19.1%). In February 2024, the decrease in Ipatinga's year-by-year imports was explained primarily by an decrease in imports from China ($-17.1M or -97.5%), Japan ($-766k or -70.2%), and United Kingdom ($-170k or -92.5%), and product imports decrease in Refractory Bricks ($-5M or -99%), Industrial Furnaces ($-1.42M or -99.1%), and Chemical Analysis Instruments ($-210k or -80.7%).