Overview In February 2024 Itapevi exported $7.31M and imported $96M, resulting in a negative trade balance of $88.7M. Between February 2023 and February 2024 the exports of Itapevi have increased by $478k (6.99%) from $6.83M to $7.31M, while imports increased by $42.8M (80.2%) from $53.3M to $96M.
Trade In February 2024, the top exports of Itapevi were Packaged Medicaments ($3.15M), Cellulose ($1.33M), Copper Wire ($788k), Machinery Having Individual Functions ($451k), and Copper Plating ($406k). In February 2024 the top imports of Itapevi were Vaccines, blood, antisera, toxins and cultures ($23M), Packaged Medicaments ($19.5M), Semiconductor Devices ($18.7M), Laboratory Reagents ($3.94M), and Chemical Analysis Instruments ($3.62M).
Destinations In February 2024, Itapevi exported mostly to United States ($1.15M), Chile ($1.08M), Colombia ($1.06M), Argentina ($1.03M), and Guatemala ($606k), and imported mostly from China ($21.7M), United States ($19.9M), Spain ($9.3M), Italy ($7.82M), and Ireland ($6.6M).
Growth In February 2024, the increase in Itapevi's year-by-year exports was explained primarily by an increase in exports to Mexico ($274k or 71.1%), United States ($269k or 43.7%), and Guatemala ($198k or 77%), and product exports increase in Rubber Belting ($635k or 1.14k%), Packaged Medicaments ($480k or 32.6%), and Cellulose ($280k or 22.7%). In February 2024, the increase in Itapevi's year-by-year imports was explained primarily by an increase in imports from China ($20.4M or 425%), Finland ($1.36M or 1.22k%), and Argentina ($554k or 63.4%), and product imports increase in Semiconductor Devices ($19.1M or 5.52k%), Bandages ($1.07M or 161%), and Valves ($665k or 182%).