Overview In February 2024 Palotina exported $53.8M and imported $623k, resulting in a positive trade balance of $53.2M. Between February 2023 and February 2024 the exports of Palotina have increased by $16M (42.1%) from $37.9M to $53.8M, while imports decreased by $-840k (-57.4%) from $1.46M to $623k.
Trade In February 2024, the top exports of Palotina were Poultry Meat ($25.1M), Soybeans ($16.3M), Other Prepared Meat ($9.93M), Fish Fillets ($1.48M), and Non-fillet Frozen Fish ($428k). In February 2024 the top imports of Palotina were Liquid Dispersing Machines ($260k), Corn ($177k), Machinery Having Individual Functions ($119k), Harvesting Machinery ($28.7k), and Air Pumps ($18.3k).
Destinations In February 2024, Palotina exported mostly to China ($28.4M), United Kingdom ($5.78M), Ireland ($3.31M), Netherlands ($2.38M), and Philippines ($2.06M), and imported mostly from Germany ($300k), Paraguay ($177k), Israel ($120k), China ($18.3k), and United States ($3.33k).
Growth In February 2024, the increase in Palotina's year-by-year exports was explained primarily by an increase in exports to China ($1.38M or 10.6%), Netherlands ($1.25M or 596%), and Philippines ($646k or 31.4%), and product exports increase in Fish Fillets ($375k or 507%), Non-fillet Frozen Fish ($196k or 62.4%), and Soil Preparation Machinery ($528 or 338%). In February 2024, the decrease in Palotina's year-by-year imports was explained primarily by an decrease in imports from United States ($-1.11M or -97.5%) and Netherlands ($-871k or -99.9%), and product imports decrease in Other Agricultural Machinery ($-91.6k or -80.3%), Thermostats ($-3.62k or -97.2%), and Low-voltage Protection Equipment ($-1.71k or -68.4%).