Santos

Overview In February 2024 Santos exported $585M and imported $77.8M, resulting in a positive trade balance of $507M. Between February 2023 and February 2024 the exports of Santos have increased by $372M (174%) from $213M to $585M, while imports increased by $13.3M (20.6%) from $64.5M to $77.8M.

Trade In February 2024, the top exports of Santos were Raw Sugar ($266M), Refined Petroleum ($121M), Soybeans ($63.7M), Raw Cotton ($62.3M), and Crude Petroleum ($39.6M). In February 2024 the top imports of Santos were Refined Petroleum ($34.4M), Coal Tar Oil ($4.94M), Wheat ($4.88M), Petroleum Gas ($4.85M), and Amino-resins ($4.37M).

Destinations In February 2024, Santos exported mostly to China ($130M), United Arab Emirates ($64.9M), Singapore ($51.7M), Nigeria ($50.3M), and United States ($43.2M), and imported mostly from Russia ($28.1M), United States ($13.4M), Germany ($6.66M), Argentina ($5.08M), and Uruguay ($4.88M).

Growth In February 2024, the increase in Santos's year-by-year exports was explained primarily by an increase in exports to Portugal ($33.2M or 899%), South Korea ($9.19M or 1.66k%), and Panama ($4.95M or 40.9%), and product exports increase in Corn ($24.4M or 402%), Coffee ($3.58M or 24.6%), and Raw Sugar ($2.9M or 309%). In February 2024, the increase in Santos's year-by-year imports was explained primarily by an increase in imports from Netherlands ($2.97M or 3.72k%), Norway ($1.34M or 146k%), and China ($1.03M or 21.4%), and product imports increase in Coal Tar Oil ($7.63M or 2.08k%), Refined Petroleum ($5.49M or 17.2%), and Other Nitrogen Compounds ($3.61M or 149%).