Overview In February 2024 Luís Eduardo Magalhães exported $110M and imported $8.37M, resulting in a positive trade balance of $102M. Between February 2023 and February 2024 the exports of Luís Eduardo Magalhães have increased by $36.6M (49.9%) from $73.4M to $110M, while imports increased by $4.77M (133%) from $3.59M to $8.37M.
Trade In February 2024, the top exports of Luís Eduardo Magalhães were Soybean Meal ($49.6M), Raw Cotton ($43.7M), Soybeans ($15.3M), Corn ($791k), and Coffee ($474k). In February 2024 the top imports of Luís Eduardo Magalhães were Mixed Mineral or Chemical Fertilizers ($3.61M), Potassic Fertilizers ($2.22M), Planes, Helicopters, and/or Spacecraft ($758k), Textile Fiber Machinery ($683k), and Phosphatic Fertilizers ($520k).
Destinations In February 2024, Luís Eduardo Magalhães exported mostly to China ($43.3M), Germany ($16.1M), Slovenia ($11.9M), Romania ($7.55M), and Bangladesh ($6.63M), and imported mostly from Russia ($5.82M), United States ($869k), India ($683k), Egypt ($520k), and China ($326k).
Growth In February 2024, the increase in Luís Eduardo Magalhães's year-by-year exports was explained primarily by an increase in exports to Germany ($27.7M or 123%), Bangladesh ($2.83M or 196%), and Italy ($1.34M or 31.5k%), and product exports increase in Soybeans ($12.2M or 300%), Soybean Meal ($1.72M or 3.55%), and Soybean Oil ($825k or 118%). In February 2024, the increase in Luís Eduardo Magalhães's year-by-year imports was explained primarily by an increase in imports from Russia ($17.7M or 453%), China ($7.69M or 341%), and United States ($910k or 129%), and product imports increase in Potassic Fertilizers ($13.1M or 168%), Pesticides ($5.52M or 111%), and Planes, Helicopters, and/or Spacecraft ($506k or 71.6%).