Overview In April 2023 Espírito Santo exported $669M and imported $741M, resulting in a negative trade balance of $72.7M. Between April 2022 and April 2023 the exports of Espírito Santo have decreased by $-204M (-23.4%) from $873M to $669M, while imports increased by $47.9M (6.91%) from $693M to $741M.
Trade In April 2023, the top exports of Espírito Santo were Iron Ore ($233M), Semi-Finished Iron ($103M), Building Stone ($70.8M), Sulfate Chemical Woodpulp ($62.7M), and Coffee ($43.2M). In April 2023 the top imports of Espírito Santo were Cars ($121M), Coal Briquettes ($117M), Delivery Trucks ($78.5M), Planes, Helicopters, and/or Spacecraft ($52M), and Telephones ($37.3M).
Destinations In April 2023, Espírito Santo exported mostly to United States ($197M), Argentina ($63.8M), Canada ($59.1M), China ($47.6M), and Malaysia ($42.8M), and imported mostly from China ($171M), United States ($136M), Argentina ($98.5M), Germany ($39.9M), and Mexico ($33.1M).
Growth In April 2023, the decrease in Espírito Santo's year-by-year exports was explained primarily by an decrease in exports to Singapore ($-23.2M or -50.3%), Canada ($-15.9M or -35.8%), and Spain ($-13.4M or -87.5%), and product exports decrease in Building Stone ($-17.5M or -26.7%), Coffee ($-13.8M or -28.3%), and Crude Petroleum ($-6.22M or -8.68%). In April 2023, the increase in Espírito Santo's year-by-year imports was explained primarily by an increase in imports from Australia ($129M or 1.75k%), Argentina ($28.5M or 104%), and Russia ($26.1M or 234%), and product imports increase in Coal Briquettes ($131M or 310%), Delivery Trucks ($31.2M or 324%), and Coke ($30.6M or 508%).