Pernambuco

Overview In February 2024 Pernambuco exported $106M and imported $505M, resulting in a negative trade balance of $399M. Between February 2023 and February 2024 the exports of Pernambuco have decreased by $-74.3M (-41.1%) from $181M to $106M, while imports decreased by $-2.85M (-0.56%) from $508M to $505M.

Trade In February 2024, the top exports of Pernambuco were Raw Sugar ($60.1M), Tropical Fruits ($11.4M), Electric Batteries ($5.71M), Refined Petroleum ($5.16M), and Metal Stoppers ($3.88M). In February 2024 the top imports of Pernambuco were Refined Petroleum ($96.3M), Petroleum Gas ($41.4M), Motor vehicles; parts and accessories (8701... ($35.9M), Delivery Trucks ($17.2M), and Cars ($16.3M).

Destinations In February 2024, Pernambuco exported mostly to United States ($18M), Libya ($14.8M), Bulgaria ($9.43M), Senegal ($8.45M), and Ghana ($7.92M), and imported mostly from China ($78.4M), United States ($77.5M), Argentina ($58.6M), Kuwait ($56.2M), and Mexico ($33.2M).

Growth In February 2024, the decrease in Pernambuco's year-by-year exports was explained primarily by an decrease in exports to Argentina ($-17.9M or -34.7%), Chile ($-16.4M or -96.2%), and Angola ($-13M or -99.5%), and product exports decrease in Cars ($-13.5M or -32.9%), Refined Petroleum ($-11.3M or -8.52%), and Polyacetals ($-9.91M or -60.1%). In February 2024, the decrease in Pernambuco's year-by-year imports was explained primarily by an decrease in imports from India ($-67.4M or -88.9%), United States ($-59.3M or -52.4%), and Switzerland ($-11.3M or -49.9%), and product imports decrease in Petroleum Gas ($-17.5M or -24.5%), Motor vehicles; parts and accessories (8701... ($-7.1M or -14.5%), and Acyclic Alcohols ($-7.05M or -49.7%).