Overview In February 2024 Penápolis exported $2.62M and imported $1.04M, resulting in a positive trade balance of $1.58M. Between February 2023 and February 2024 the exports of Penápolis have increased by $722k (38.1%) from $1.9M to $2.62M, while imports increased by $863k (481%) from $179k to $1.04M.
Trade In February 2024, the top exports of Penápolis were Tanned Equine and Bovine Hides ($940k), Leather of Other Animals ($846k), Seats ($694k), Vegetable Tanning Extracts ($102k), and Other Rubber Products ($31.2k). In February 2024 the top imports of Penápolis were Fruit Juice ($297k), Synthetic Coloring Matter ($194k), Jams ($166k), Dyeing Finishing Agents ($77k), and Amino-resins ($70.3k).
Destinations In February 2024, Penápolis exported mostly to China ($1.1M), Mexico ($1.02M), Argentina ($248k), Paraguay ($206k), and Bolivia ($38.4k), and imported mostly from Vietnam ($297k), India ($194k), Argentina ($166k), Germany ($163k), and Netherlands ($75.2k).
Growth In February 2024, the increase in Penápolis's year-by-year exports was explained primarily by an increase in exports to Argentina ($280k or 45.3%), Mexico ($113k or 17.5%), and Uruguay ($90.4k or 4.43k%), and product exports increase in Leather of Other Animals ($166k or 17%), Seats ($142k or 24.3%), and Non-Knit Men's Shirts ($39.4k or 6.04k%). In February 2024, the increase in Penápolis's year-by-year imports was explained primarily by an increase in imports from Germany ($18.8k or 5.05%), Netherlands ($14.7k or 68.7%), and Italy ($7.77k or 27.6%), and product imports increase in Synthetic Tanning Extracts ($46.9k or 31.6%), Petroleum Resins ($17.3k or 70%), and Leather Machinery ($10.5k or 344%).