Overview In February 2024 Lorena exported $6.14M and imported $3.52M, resulting in a positive trade balance of $2.62M. Between February 2023 and February 2024 the exports of Lorena have increased by $2.25M (57.9%) from $3.89M to $6.14M, while imports increased by $169k (5.04%) from $3.35M to $3.52M.
Trade In February 2024, the top exports of Lorena were Industrial Furnaces ($2.35M), Detonating Fuses ($1.37M), Raw Plastic Sheeting ($823k), Plastic Lids ($531k), and Insulated Wire ($361k). In February 2024 the top imports of Lorena were Insulated Wire ($586k), Drilling Machines ($454k), Raw Plastic Sheeting ($421k), Detonating Fuses ($320k), and Refined Petroleum ($246k).
Destinations In February 2024, Lorena exported mostly to China ($1.87M), United States ($1.46M), Chile ($1.02M), Bolivia ($509k), and Peru ($392k), and imported mostly from China ($1M), Japan ($561k), Canada ($434k), United States ($405k), and Chile ($337k).
Growth In February 2024, the increase in Lorena's year-by-year exports was explained primarily by an increase in exports to Chile ($459k or 45.2%), Peru ($321k or 174%), and Paraguay ($143k or 118%), and product exports increase in Plastic Lids ($88.7k or 322%), Other Aluminium Products ($86.6k or 715%), and Plastic Pipes ($73.6k or 55.3%). In February 2024, the increase in Lorena's year-by-year imports was explained primarily by an increase in imports from Italy ($27.1k or 376%) and India ($4.87k or 6.61%), and product imports increase in Other Heating Machinery ($110k or 217%), Prepr binder for foundry ($99.3k or 100%), and Aluminium Plating ($63.3k or 74%).