Espírito Santo

Overview In October 2024 Espírito Santo exported $884M and imported $1.2B, resulting in a negative trade balance of $313M. Between October 2023 and October 2024 the exports of Espírito Santo have decreased by $-37M (-4.02%) from $921M to $884M, while imports increased by $194M (19.4%) from $1B to $1.2B.

Trade In October 2024, the top exports of Espírito Santo were Iron Ore ($239M), Coffee ($222M), Sulfate Chemical Woodpulp ($80.5M), Semi-Finished Iron ($79.7M), and Crude Petroleum ($75.1M). In October 2024 the top imports of Espírito Santo were Delivery Trucks ($236M), Cars ($212M), Coal Briquettes ($113M), Planes, Helicopters, and/or Spacecraft ($93.5M), and Malt ($37.3M).

Destinations In October 2024, Espírito Santo exported mostly to United States ($214M), Argentina ($80M), Malaysia ($65.4M), Germany ($44.5M), and China ($42.7M), and imported mostly from China ($374M), Argentina ($236M), United States ($130M), Australia ($78.9M), and Germany ($65.8M).

Growth In October 2024, the decrease in Espírito Santo's year-by-year exports was explained primarily by an decrease in exports to Algeria ($-36.4M or -94.2%), France ($-34.1M or -96.6%), and Uruguay ($-30.9M or -95.5%), and product exports decrease in Iron Ore ($-42.7M or -15.1%), Semi-Finished Iron ($-41.9M or -34.5%), and Steel Ingots ($-11.5M or -52%). In October 2024, the increase in Espírito Santo's year-by-year imports was explained primarily by an increase in imports from China ($97.5M or 35.3%), Argentina ($92M or 64%), and United States ($31.9M or 32.4%), and product imports increase in Delivery Trucks ($101M or 75.3%), Electric Generating Sets ($25.8M or 10.7k%), and Planes, Helicopters, and/or Spacecraft ($24.4M or 35.4%).