Overview In February 2024 Timbó exported $5.23M and imported $8.09M, resulting in a negative trade balance of $2.85M. Between February 2023 and February 2024 the exports of Timbó have increased by $1.88M (56.2%) from $3.35M to $5.23M, while imports increased by $5.64M (231%) from $2.44M to $8.09M.
Trade In February 2024, the top exports of Timbó were Steam Boilers ($1.01M), Soil Preparation Machinery ($855k), Iron Stovetops ($602k), Other Furniture ($466k), and Electric Heaters ($462k). In February 2024 the top imports of Timbó were Ethylene Polymers ($3.32M), Propylene Polymers ($2.35M), Pile Fabric ($843k), Polyacetals ($741k), and Synthetic Filament Yarn Woven Fabric ($270k).
Destinations In February 2024, Timbó exported mostly to Paraguay ($2.08M), United States ($983k), Uruguay ($606k), Bolivia ($399k), and Argentina ($217k), and imported mostly from United States ($3.32M), China ($2.07M), Saudi Arabia ($1.56M), Vietnam ($516k), and South Korea ($384k).
Growth In February 2024, the increase in Timbó's year-by-year exports was explained primarily by an increase in exports to Argentina ($372k or 233%), Paraguay ($333k or 90.8%), and Canada ($215k or 206%), and product exports increase in Household Washing Machines ($288k or 525%), Electric Heaters ($262k or 420%), and Iron Stovetops ($175k or 92.3%). In February 2024, the increase in Timbó's year-by-year imports was explained primarily by an increase in imports from China ($89.9k or 6.32%), Peru ($62.7k or 51.7%), and Italy ($6.56k or 44.9%), and product imports increase in Synthetic Filament Yarn Woven Fabric ($503k or 334%), Electrical Resistors ($29.9k or 194%), and Copper Wire ($9.55k or 114%).