Overview In February 2024 Guararema exported $1.6M and imported $1.91M, resulting in a negative trade balance of $314k. Between February 2023 and February 2024 the exports of Guararema have increased by $963k (151%) from $638k to $1.6M, while imports decreased by $-775k (-28.8%) from $2.69M to $1.91M.
Trade In February 2024, the top exports of Guararema were Chocolate ($927k), Rock Wool ($368k), Iron Oxides and Hydroxides ($152k), Motor vehicles; parts and accessories (8701... ($39k), and Plastic Building Materials ($32.6k). In February 2024 the top imports of Guararema were Butter ($465k), Margarine ($432k), Motor vehicles; parts and accessories (8701... ($217k), Concentrated Milk ($188k), and Valves ($140k).
Destinations In February 2024, Guararema exported mostly to Saudi Arabia ($873k), Argentina ($213k), South Korea ($151k), United States ($112k), and Uruguay ($96.2k), and imported mostly from Uruguay ($620k), New Zealand ($465k), United States ($164k), China ($140k), and Germany ($140k).
Growth In February 2024, the increase in Guararema's year-by-year exports was explained primarily by an increase in exports to Uruguay ($62.3k or 343%), Paraguay ($43.2k or 65.8%), and United States ($16k or 26.7%), and product exports increase in Chocolate ($694k or 1.37k%), Rock Wool ($24.1k or 20.5%), and Chromium Ore ($17.3k or 189%). In February 2024, the decrease in Guararema's year-by-year imports was explained primarily by an decrease in imports from China ($-42.7k or -17.9%), Mexico ($-1.5k or -4.28%), and France ($-478 or -13.8%), and product imports decrease in Rubber Pipes ($-11.4k or -39.3%), Electrical Power Accessories ($-4.86k or -48%), and Refined Petroleum ($-626 or -26.3%).