Salvador

Overview In February 2024 Salvador exported $5.51M and imported $66.8M, resulting in a negative trade balance of $61.3M. Between February 2023 and February 2024 the exports of Salvador have increased by $1.14M (26.2%) from $4.37M to $5.51M, while imports increased by $48.3M (261%) from $18.5M to $66.8M.

Trade In February 2024, the top exports of Salvador were Refined Petroleum ($2.1M), Citrus ($1.25M), Iron Pipe Fittings ($362k), Precious Metal Scraps ($343k), and Aircraft parts including unmanned craft ($182k). In February 2024 the top imports of Salvador were Petroleum Gas ($25.6M), Wheat ($20.4M), Potassic Fertilizers ($2.38M), Metalworking Transfer Machines ($2.37M), and X-Ray Equipment ($1.78M).

Destinations In February 2024, Salvador exported mostly to Portugal ($1.24M), Netherlands ($1.18M), United States ($901k), Spain ($520k), and Saudi Arabia ($371k), and imported mostly from United States ($28.4M), Argentina ($20.5M), China ($4.28M), Germany ($3.39M), and Uzbekistan ($2.38M).

Growth In February 2024, the increase in Salvador's year-by-year exports was explained primarily by an increase in exports to Portugal ($697k or 113%), Dominican Republic ($622k or 3.74k%), and Netherlands ($414k or 41.1%), and product exports increase in Refined Petroleum ($1.18M or 162%), Citrus ($167k or 14.7%), and Plastic Pipes ($143k or 19%). In February 2024, the increase in Salvador's year-by-year imports was explained primarily by an increase in imports from China ($2.98M or 222%), Italy ($958k or 265%), and United Kingdom ($810k or 13.3k%), and product imports increase in Wheat ($1.72M or 15%), Integrated Circuits ($872k or 885%), and Vaccines, blood, antisera, toxins and cultures ($679k or 235%).