Volta Redonda

Overview In February 2024 Volta Redonda exported $43.6M and imported $142M, resulting in a negative trade balance of $98.6M. Between February 2023 and February 2024 the exports of Volta Redonda have decreased by $-7.08M (-14%) from $50.7M to $43.6M, while imports increased by $70.2M (97.5%) from $72M to $142M.

Trade In February 2024, the top exports of Volta Redonda were Hot-Rolled Iron ($28.4M), Coated Flat-Rolled Iron ($13.7M), and Cold-Rolled Iron ($1.44M). In February 2024 the top imports of Volta Redonda were Semi-Finished Iron ($43.8M), Coke ($39.8M), Coal Briquettes ($31.8M), Iron Blocks ($21M), and Ferroalloys ($2.06M).

Destinations In February 2024, Volta Redonda exported mostly to Portugal ($23.4M), United States ($19.5M), Chile ($317k), Mexico ($307k), and Panama ($34k), and imported mostly from Russia ($54.1M), Colombia ($42M), Germany ($21.1M), United States ($19.4M), and China ($2.2M).

Growth In February 2024, the decrease in Volta Redonda's year-by-year exports was explained primarily by an decrease in exports to Paraguay ($-570k or -99%) and Chile ($-425k or -28.7%), and product exports decrease in Coated Flat-Rolled Iron ($-32.9M or -93.7%) and Cold-Rolled Iron ($-1.1M or -95.8%). In February 2024, the increase in Volta Redonda's year-by-year imports was explained primarily by an increase in imports from Colombia ($28.2M or 141%), United States ($25.6M or 323%), and Japan ($21.7M or 5.53k%), and product imports increase in Coke ($51.6M or 278%), Iron Ore ($2.8M or 31.5%), and Other Measuring Instruments ($274k or 3.08k%).