Recife

Overview In February 2024 Recife exported $3.8M and imported $55.6M, resulting in a negative trade balance of $51.8M. Between February 2023 and February 2024 the exports of Recife have decreased by $-6.9M (-64.5%) from $10.7M to $3.8M, while imports decreased by $-13.1M (-19.1%) from $68.7M to $55.6M.

Trade In February 2024, the top exports of Recife were Refined Petroleum ($2.29M), E-waste and scrap ($360k), Non-fillet Fresh Fish ($261k), Non-fillet Frozen Fish ($183k), and Seats ($166k). In February 2024 the top imports of Recife were Palm Oil ($6.39M), Cars ($3.98M), Refined Petroleum ($3.53M), Carbonates ($2.99M), and Rubber Tires ($2.95M).

Destinations In February 2024, Recife exported mostly to United States ($1.43M), Portugal ($1.24M), Germany ($229k), Japan ($191k), and Netherlands ($149k), and imported mostly from China ($18M), Indonesia ($6.69M), France ($6.14M), Argentina ($4.21M), and United States ($3.74M).

Growth In February 2024, the decrease in Recife's year-by-year exports was explained primarily by an decrease in exports to United States ($-1.61M or -68.4%), China ($-697k or -98.4%), and United Arab Emirates ($-162k or -89%), and product exports decrease in Crustaceans ($-1.81M or -98.1%), Non-fillet Fresh Fish ($-165k or -36.2%), and Seats ($-146k or -57.5%). In February 2024, the decrease in Recife's year-by-year imports was explained primarily by an decrease in imports from Canada ($-2.33M or -94.6%), Netherlands ($-2.04M or -93%), and United States ($-665k or -10%), and product imports decrease in Refined Petroleum ($-3.51M or -93%), Malt ($-1.89M or -58.4%), and Frozen Bovine Meat ($-1.16M or -84.1%).