Overview In February 2024 Fortaleza exported $14M and imported $47M, resulting in a negative trade balance of $33.1M. Between February 2023 and February 2024 the exports of Fortaleza have decreased by $-2.53M (-15.3%) from $16.5M to $14M, while imports decreased by $-2.24M (-4.54%) from $49.2M to $47M.
Trade In February 2024, the top exports of Fortaleza were Soybeans ($3.24M), Refined Petroleum ($3.06M), Vegetable waxes and beeswax ($2.17M), Coconuts, Brazil Nuts, and Cashews ($978k), and Non-fillet Frozen Fish ($892k). In February 2024 the top imports of Fortaleza were Wheat ($13.1M), Palm Oil ($10M), Semiconductor Devices ($5.7M), Cranes ($4.68M), and Telephones ($1.14M).
Destinations In February 2024, Fortaleza exported mostly to China ($4.02M), United States ($2.11M), Portugal ($1.18M), Germany ($1.15M), and France ($1.13M), and imported mostly from China ($14.7M), Argentina ($13.4M), Colombia ($10.3M), Germany ($5.16M), and India ($813k).
Growth In February 2024, the decrease in Fortaleza's year-by-year exports was explained primarily by an decrease in exports to South Korea ($-713k or -88.2%), Argentina ($-485k or -72.9%), and Marshall Islands ($-325k or -72.2%), and product exports decrease in Non-fillet Frozen Fish ($-465k or -33.3%), Scrap Copper ($-251k or -31.4%), and Building Stone ($-132k or -86.9%). In February 2024, the decrease in Fortaleza's year-by-year imports was explained primarily by an decrease in imports from United States ($-3.16M or -19%), Vietnam ($-2.5M or -93.2%), and Netherlands ($-1.93M or -20.7%), and product imports decrease in Refined Petroleum ($-117M or -77.5%), Synthetic Filament Yarn Woven Fabric ($-650k or -26.4%), and Other Iron Products ($-473k or -86.6%).