Porto Alegre

Overview In February 2024 Porto Alegre exported $37.5M and imported $69.9M, resulting in a negative trade balance of $32.4M. Between February 2023 and February 2024 the exports of Porto Alegre have decreased by $-54.3M (-59.1%) from $91.8M to $37.5M, while imports increased by $12.3M (21.4%) from $57.6M to $69.9M.

Trade In February 2024, the top exports of Porto Alegre were Rice ($9.41M), Motor vehicles; parts and accessories (8701... ($7.03M), Fuel Wood ($2.54M), Rough Wood ($2.04M), and Frozen Bovine Meat ($1.94M). In February 2024 the top imports of Porto Alegre were Wheat ($13.8M), Potassic Fertilizers ($4.65M), Medical Instruments ($3.02M), Barley ($2.81M), and Nitrogenous Fertilizers ($2.52M).

Destinations In February 2024, Porto Alegre exported mostly to Costa Rica ($9.42M), United States ($3.79M), Argentina ($3.34M), Mexico ($3.18M), and Portugal ($2.81M), and imported mostly from Argentina ($20.7M), China ($14.3M), Germany ($6.88M), United States ($4.77M), and Norway ($3.32M).

Growth In February 2024, the decrease in Porto Alegre's year-by-year exports was explained primarily by an decrease in exports to China ($-56.7M or -96.4%), Costa Rica ($-6.22M or -99.9%), and Portugal ($-4.03M or -52.5%), and product exports decrease in Soybeans ($-19.2M or -32.8%), Rough Wood ($-853k or -11.1%), and Stone Processing Machines ($-560k or -87.6%). In February 2024, the increase in Porto Alegre's year-by-year imports was explained primarily by an increase in imports from Germany ($7.23M or 204%), Argentina ($5.84M or 415%), and China ($2.1M or 19.1%), and product imports increase in Large Construction Vehicles ($2.27M or 1.19k%), Machinery Having Individual Functions ($2.19M or 497%), and Electric Motors ($1.51M or 295%).