Overview In February 2024 Itatiaia exported $6.3M and imported $82.7M, resulting in a negative trade balance of $76.4M. Between February 2023 and February 2024 the exports of Itatiaia have decreased by $-2.84M (-31.1%) from $9.14M to $6.3M, while imports increased by $2.26M (2.81%) from $80.5M to $82.7M.
Trade In February 2024, the top exports of Itatiaia were Rubber Tires ($3.44M), Copper Wire ($893k), Scrap Copper ($867k), Other Iron Products ($420k), and Aluminium Housewares ($220k). In February 2024 the top imports of Itatiaia were Refined Copper ($41.5M), Cars ($14.5M), Electric Heaters ($4.14M), Rubber Tires ($3.19M), and Motor vehicles; parts and accessories (8701... ($2.8M).
Destinations In February 2024, Itatiaia exported mostly to United States ($2.37M), Mexico ($812k), Paraguay ($639k), Portugal ($601k), and Uruguay ($563k), and imported mostly from Chile ($37.5M), United Kingdom ($11.2M), China ($7.5M), Slovakia ($7.02M), and Peru ($4.03M).
Growth In February 2024, the decrease in Itatiaia's year-by-year exports was explained primarily by an decrease in exports to Mexico ($-2.89M or -65.5%), Chile ($-569k or -66.6%), and Guatemala ($-384k or -66%), and product exports decrease in Rubber Tires ($-2.93M or -29.6%), Large Construction Vehicles ($-1.31M or -82.5%), and Other Domestic Electric Housewares ($-63.8k or -57.5%). In February 2024, the increase in Itatiaia's year-by-year imports was explained primarily by an increase in imports from Chile ($12.9M or 45.2%), United States ($2.14M or 225%), and Slovakia ($1.89M or 414%), and product imports increase in Refined Copper ($13.5M or 45.8%), Cars ($3.03M or 50.7%), and Rubberworking Machinery ($852k or 632%).