Overview In February 2024 Cerquilho exported $3.97M and imported $4.86M, resulting in a negative trade balance of $891k. Between February 2023 and February 2024 the exports of Cerquilho have decreased by $-280k (-6.57%) from $4.25M to $3.97M, while imports increased by $2.16M (79.6%) from $2.71M to $4.86M.
Trade In February 2024, the top exports of Cerquilho were Insulated Wire ($1.72M), Raw Plastic Sheeting ($1.35M), Other Plastic Sheetings ($540k), Non-woven Textiles ($99.8k), and Plastic Coated Textile Fabric ($98.7k). In February 2024 the top imports of Cerquilho were Vinyl Chloride Polymers ($2.13M), Polycarboxylic Acids ($1.14M), Textile Processing Machines ($308k), Corrugated Paper ($301k), and Machinery Having Individual Functions ($162k).
Destinations In February 2024, Cerquilho exported mostly to Chile ($1.17M), Argentina ($869k), Mexico ($605k), Portugal ($478k), and Colombia ($273k), and imported mostly from United States ($1.78M), Taiwan ($1.1M), South Korea ($409k), Italy ($372k), and China ($295k).
Growth In February 2024, the decrease in Cerquilho's year-by-year exports was explained primarily by an decrease in exports to Argentina ($-1.83M or -62.6%), and product exports decrease in Copper Wire ($-1.05M or -93.1%), Other Plastic Sheetings ($-213k or -28.7%), and Nonaqueous Paints ($-155k or -69.3%). In February 2024, the increase in Cerquilho's year-by-year imports was explained primarily by an increase in imports from Italy ($529k or 409%), China ($316k or 48.1%), and South Korea ($284k or 72.5%), and product imports increase in Polycarboxylic Acids ($461k or 93.3%), Vinyl Chloride Polymers ($286k or 1.05k%), and Mixed Mineral or Chemical Fertilizers ($281k or 361%).