Irati

Overview In February 2024 Irati exported $3.01M and imported $3.65M, resulting in a negative trade balance of $636k. Between February 2023 and February 2024 the exports of Irati have decreased by $-152k (-4.81%) from $3.16M to $3.01M, while imports increased by $1.12M (44.3%) from $2.53M to $3.65M.

Trade In February 2024, the top exports of Irati were Insulated Wire ($1.52M), Plywood ($697k), Electrical Power Accessories ($324k), Matches ($176k), and Other Rubber Products ($151k). In February 2024 the top imports of Irati were Insulated Wire ($694k), Low-voltage Protection Equipment ($651k), Electrical Power Accessories ($621k), Copper Wire ($403k), and Other Plastic Products ($204k).

Destinations In February 2024, Irati exported mostly to Paraguay ($1.02M), Uruguay ($904k), United States ($326k), Egypt ($164k), and Mexico ($142k), and imported mostly from France ($638k), United States ($595k), Belgium ($485k), Spain ($403k), and China ($278k).

Growth In February 2024, the decrease in Irati's year-by-year exports was explained primarily by an decrease in exports to Paraguay ($-289k or -15.7%), United States ($-242k or -57.9%), and Uruguay ($-87.6k or -23.7%), and product exports decrease in Plywood ($-653k or -65.6%), Insulated Wire ($-99.4k or -5.45%), and Matches ($-73.6k or -35.7%). In February 2024, the increase in Irati's year-by-year imports was explained primarily by an increase in imports from Belgium ($449k or 10.8k%), France ($363k or 157%), and Spain ($303k or 33.1%), and product imports increase in Copper Wire ($303k or 33.1%), Insulated Wire ($209k or 93.1%), and Other Wood Articles ($132k or 92.8%).