Overview In February 2024 Garibaldi exported $7.21M and imported $4M, resulting in a positive trade balance of $3.21M. Between February 2023 and February 2024 the exports of Garibaldi have increased by $2.24M (45%) from $4.98M to $7.21M, while imports decreased by $-558k (-12.2%) from $4.56M to $4M.
Trade In February 2024, the top exports of Garibaldi were Animal Food ($3.92M), Other Furniture ($608k), Other Hand Tools ($407k), Poultry Meat ($392k), and Prefabricated Buildings ($364k). In February 2024 the top imports of Garibaldi were Liquid Dispersing Machines ($751k), Industrial Printers ($581k), Agglomerated Cork ($410k), Wrenches ($260k), and Other Vinyl Polymers ($179k).
Destinations In February 2024, Garibaldi exported mostly to Colombia ($1.41M), Paraguay ($888k), United Arab Emirates ($717k), Bolivia ($624k), and Uruguay ($454k), and imported mostly from China ($1.96M), Italy ($669k), Portugal ($389k), United States ($291k), and Taiwan ($285k).
Growth In February 2024, the increase in Garibaldi's year-by-year exports was explained primarily by an increase in exports to United States ($843k or 7.71k%), Colombia ($351k or 77.5%), and Cuba ($293k or 230%), and product exports increase in Animal Food ($594k or 50.7%), Industrial Food Preperation Machinery ($291k or 831%), and Interchangeable Tool Parts ($33.1k or 93.9%). In February 2024, the decrease in Garibaldi's year-by-year imports was explained primarily by an decrease in imports from Argentina ($-2.24M or -91.5%), China ($-1.53M or -69.9%), and Spain ($-232k or -94.2%), and product imports decrease in Non-Mechanical Removal Machinery ($-796k or -97.3%), Motor-working Tools ($-359k or -78.8%), and Wrenches ($-174k or -31.1%).