Lagoa Vermelha

Overview In February 2024 Lagoa Vermelha exported $1.62M and imported $193k, resulting in a positive trade balance of $1.43M. Between February 2023 and February 2024 the exports of Lagoa Vermelha have increased by $710k (78%) from $911k to $1.62M, while imports increased by $125k (182%) from $68.7k to $193k.

Trade In February 2024, the top exports of Lagoa Vermelha were Other Furniture ($1.57M), Seats ($35.5k), Oats ($17k), Glass Mirrors ($1.61k), and Mattresses ($1.25k). In February 2024 the top imports of Lagoa Vermelha were Semiconductor Devices ($109k), Metal Mountings ($59.9k), Seats ($14.8k), and Other Furniture ($10.2k).

Destinations In February 2024, Lagoa Vermelha exported mostly to Chile ($716k), Uruguay ($519k), Peru ($172k), Trinidad and Tobago ($115k), and Ecuador ($46.6k), and imported mostly from China ($193k).

Growth In February 2024, the increase in Lagoa Vermelha's year-by-year exports was explained primarily by an increase in exports to Bolivia ($39.5k or 644%), Paraguay ($24.7k or 53.3%), and Uruguay ($23.3k or 13.7%), and product exports increase in Prepared Cereals ($5.68k or 14.3%) and Other Processed Fruits and Nuts ($2.45k or 82.2%). In January 2024, the increase in Lagoa Vermelha's year-by-year imports was explained primarily by an increase in imports from , and product imports increase in .