Data Insights

Overall, Germany's trade values showed a mixed performance in the latest analysis. Month-on-month, imports decreased by 3.27B EUR (-2.82%) while exports fell by 5.79B EUR (-4.38%). Year-on-year, imports increased by 9.98B EUR (+9.69%) and exports saw a slight rise of 1.26B EUR (+1.00%). The total trade flow indicates a significant decline in both imports and exports in the short term, but a positive trend in the long term for imports, while exports remain relatively stable.

In the month-on-month analysis, Germany's imports saw a total trade value of 113.01B EUR, which represents a decrease of 3.27B EUR, or approximately -2.82%. The top three countries contributing to this decline were Poland (-695.02M EUR, -9.85%), France (-573.01M EUR, -9.12%), and Austria (-391.84M EUR, -8.25%). On the other hand, the highest increases were from the United Kingdom (362.67M EUR, +11.64%), China (333.21M EUR, +2.22%), and Norway (174.6M EUR, +21.25%). For exports, the total trade value was 126.58B EUR, down by 5.79B EUR, or -4.38%. The largest decreases were seen with the United States (-1.21B EUR, -9.93%), France (-1B EUR, -9.78%), and Poland (-755.78M EUR, -8.51%). Conversely, the top increases came from Special Categories (270.41M EUR, +2.12%), Chile (249.35M EUR, +1.05%), and Japan (203.28M EUR, +14.13%).

In the year-on-year analysis, Germany's imports totaled 113.01B EUR, reflecting an increase of 9.98B EUR, or +9.69%. The top contributors to this growth were China (1.88B EUR, +13.89%), Italy (1.35B EUR, +28.24%), and Austria (863.06M EUR, +24.58%). The lowest growth was observed from Brazil (-216.21M EUR, -22.60%), Czechia (-171.89M EUR, -3.23%), and the United Arab Emirates (-144.53M EUR, -58.78%). For exports, the total value was 126.58B EUR, with a modest increase of 1.26B EUR, or +1.00%. The highest growth was from Spain (819.27M EUR, +20.08%), Switzerland (737.85M EUR, +12.32%), and Italy (677.35M EUR, +11.11%). The lowest performers included the United States (-3.25B EUR, -22.85%), the United Kingdom (-988.08M EUR, -13.24%), and Japan (-865.79M EUR, -34.50%).

Overall, Germany's trade values showed a mixed performance in the latest analysis. Month-on-month, total imports decreased by 4.49 billion EUR (3.67%), while exports fell by 8.53 billion EUR (6.18%). Year-on-year, imports increased by 6.22 billion EUR (5.57%), but exports experienced a slight decline of 817.96 million EUR (0.63%). The total trade flow indicates a complex landscape, with imports showing resilience over the year while exports faced challenges.

In the month-on-month analysis, Germany's total imports decreased by 4.49 billion EUR, reflecting a decline of approximately 3.67%. The top three countries contributing to the highest import values were the United Kingdom (3.53 billion EUR), the United States (7.84 billion EUR), and Norway (2.17 billion EUR). Conversely, the lowest values were from Poland (6.71 billion EUR), France (6.02 billion EUR), and the Netherlands (8.03 billion EUR). For exports, there was a significant drop of 8.53 billion EUR, or about 6.18%. The highest export values came from Chile (486.22 million EUR), Japan (1.64 billion EUR), and Vietnam (409.2 million EUR), while the lowest were from the United States (10.96 billion EUR), France (9.75 billion EUR), and Poland (8.56 billion EUR).

In the year-on-year analysis, total imports increased by 6.22 billion EUR, representing a growth of approximately 5.57%. The top countries for import growth included China (16.18 billion EUR), Italy (6.5 billion EUR), and Austria (4.8 billion EUR). On the downside, imports from Czechia (5.38 billion EUR), Norway (2.17 billion EUR), and Brazil (734.46 million EUR) saw declines. For exports, there was a slight decrease of 817.96 million EUR, or about 0.63%. The highest growth in exports was seen with Switzerland (6.73 billion EUR), Spain (3.93 billion EUR), and Austria (7.1 billion EUR), while the largest declines were from the United States (10.96 billion EUR), the United Kingdom (6.48 billion EUR), and Japan (1.64 billion EUR).

Overall, South Korea's trade values showed a robust increase in both exports and imports for the month and year. Month-on-month, total exports rose by 8.5 billion USD (13.94%) and imports by 6.07 billion USD (11.83%). Year-on-year, exports increased by 8.65 billion USD (14.22%) while imports rose by 2.51 billion USD (4.57%). The trade flow indicates a strong export performance, particularly in electronics and machinery, despite challenges posed by tariffs and political instability.

In the month-on-month analysis, South Korea's total exports increased significantly by 8.5 billion USD, reflecting a growth of approximately 13.94%. Imports also saw a notable rise, with a total increase of 6.07 billion USD, translating to a growth of about 11.83%. For imports by country, the highest increases were from China (1.77 billion USD, 14.78%), Japan (724.73 million USD, 18.37%), and the United States (666.37 million USD, 10.92%). Conversely, the largest declines were from Hong Kong (-277.31 million USD, -44.67%), Algeria (-150.32 million USD, -38.67%), and Norway (-109.85 million USD, -42.79%). In exports, the top increases were seen with the United States (1.98 billion USD, 19.14%), Chinese Taipei (1 billion USD, 24.27%), and China (884.88 million USD, 7.34%). The largest decreases were from France (-446.73 million USD, -61.32%), Kyrgyzstan (-224.17 million USD, -57.69%), and Egypt (-187.13 million USD, -59.94%). By HS4 category, imports of Integrated Circuits rose by 1.13 billion USD (22.20%), Petroleum Gas by 875.17 million USD (43.05%), and Machines for semiconductor manufacturing by 404.5 million USD (22.12%). The largest declines were in Gold (-663.66 million USD, -46.17%), Passenger and Cargo Ships (-245.16 million USD, -59.03%), and Zinc Ore (-129.71 million USD, -59.80%). Exports of Integrated Circuits increased by 2.77 billion USD (19.87%), Passenger and Cargo Ships by 1.26 billion USD (80.12%), and Refined Petroleum by 925.89 million USD (28.85%). The largest declines were in Cars (-457.04 million USD, -7.45%), Special Purpose Ships (-324.35 million USD, -99.98%), and Nuclear Reactors (-192.61 million USD, -99.93%).

In the year-on-year analysis, total exports increased by 8.65 billion USD, representing a growth of approximately 14.22%. Imports also saw a rise of 2.51 billion USD, translating to a growth of about 4.57%. For imports by country, the highest increases were from China (1.35 billion USD, 10.89%), the United States (1.3 billion USD, 23.80%), and Australia (679.46 million USD, 29.64%). The largest declines were from Saudi Arabia (-765.05 million USD, -28.53%), Qatar (-581.95 million USD, -48.83%), and the Netherlands (-487.02 million USD, -33.82%). In exports, the top increases were seen with Hong Kong (1.36 billion USD, 41.36%), Vietnam (1.33 billion USD, 27.05%), and China (1.16 billion USD, 9.86%). The largest declines were from Liberia (-351.69 million USD, -46.86%), France (-232.78 million USD, -45.23%), and Japan (-178.8 million USD, -6.78%). By HS4 category, imports of Gold increased by 636.26 million USD (462.84%), Telephones by 467.2 million USD (77.50%), and Integrated Circuits by 456.82 million USD (7.93%). The largest declines were in Refined Petroleum (-766.84 million USD, -35.86%), Passenger and Cargo Ships (-426.86 million USD, -71.50%), and Coal (-297.68 million USD, -21.77%). Exports of Integrated Circuits increased by 5.05 billion USD (43.30%), Office Machine Parts by 1.15 billion USD (47.50%), and Passenger and Cargo Ships by 801.03 million USD (39.42%). The largest declines were in Special Purpose Ships (-891.72 million USD, -99.99%), Cars (-248.2 million USD, -4.25%), and Machinery (-137.92 million USD, -22.00%).

Overall, the analysis indicates a significant decline in trade values for both imports and exports in the month-on-month comparison, with total imports at $45.15 billion and exports at $36.3 billion. Year-on-year, both imports and exports showed positive growth, indicating a recovery trend despite the recent declines. The total trade changes reflect a complex landscape influenced by ongoing trade negotiations and tensions, particularly with the U.S. as a primary trading partner.

In the month-on-month analysis, total imports decreased by $7.35 billion (approximately -14.0%), while total exports fell by $10.28 billion (around -22.1%). For imports, the highest increases were seen from Spain ($407.96 million), the Philippines ($324.11 million), and Bahrain ($23.25 million). Conversely, the largest declines were from the United States (-$1.91 billion), China (-$1.29 billion), and Chinese Taipei (-$1.02 billion). In exports, Germany led with an increase of $488.82 million, followed by the United Kingdom ($292.49 million) and Brazil ($395.48 million). The most significant drops were from the United States (-$9.78 billion), Canada (-$358.72 million), and Singapore (-$279.4 million).

Year-on-year, total imports increased by $5.33 billion (approximately 13.4%), while total exports rose by $4.23 billion (around 13.2%). The top increases in imports were from Chinese Taipei ($5.63 billion), Vietnam ($2.28 billion), and Malaysia ($1.4 billion). The largest declines were from Brazil (-$142.39 million), Hungary (-$104.04 million), and Italy (-$101.76 million). In exports, the United States saw an increase of $3.04 billion, followed by Germany ($358.99 million) and the United Kingdom ($227.7 million). The largest decreases were from Canada (-$185.75 million), Latvia (-$60.91 million), and the United Arab Emirates (-$54.26 million).

Overall, Malaysia's trade performance in 2025 showed a robust increase in both exports and imports. Total exports reached RM152.95 billion, up RM18.02 billion (13.35%), while imports totaled RM133.68 billion, increasing by RM4.83 billion (3.75%). Year-on-year, exports rose by RM14.43 billion (10.42%) and imports by RM14.33 billion (12.01%). The trade balance remains positive, indicating a healthy trade environment as Malaysia continues to strengthen its international trade relationships.

In the month-on-month analysis, Malaysia's total exports reached RM152.95 billion, reflecting a significant increase of RM18.02 billion, or approximately 13.35%. Imports totaled RM133.68 billion, with a smaller increase of RM4.83 billion, or about 3.75%. For imports by country, the United States led with RM11.18 billion, increasing by RM2.38 billion (27.08%), followed by Chinese Taipei at RM11.82 billion (1.75 billion increase, 17.40%), and Indonesia at RM6.27 billion (1.63 billion increase, 34.90%). On the lower end, Costa Rica saw a decrease of RM4.94 billion, South Korea decreased by RM1.75 billion, and Oman decreased by RM1.20 billion. In exports, the United States again topped the list with RM28.18 billion, an increase of RM8.05 billion (40.01%), followed by Hong Kong at RM10.99 billion (2.62 billion increase, 31.34%), and China at RM18.67 billion (2.06 billion increase, 12.39%). Conversely, Mexico experienced a decrease of RM481.87 million, Chinese Taipei decreased by RM440.25 million, and Burma saw a drop of RM357.99 million.

In the year-on-year analysis, total exports increased to RM152.95 billion, up RM14.43 billion or 10.42%. Imports also saw a rise to RM133.68 billion, with an increase of RM14.33 billion, or 12.01%. For imports by country, China was the highest at RM35.29 billion, with a year-on-year increase of RM7.92 billion (28.96%), followed by South Korea at RM5.94 billion (2.01 billion increase, 51.23%), and Vietnam at RM4.42 billion (1.97 billion increase, 80.43%). On the downside, Saudi Arabia saw a decrease of RM1.05 billion, Singapore decreased by RM946.14 million, and the United States decreased by RM869.86 million. In exports, the United States again led with RM28.18 billion, an increase of RM9.24 billion (48.79%), followed by Chinese Taipei at RM8.71 billion (2.23 billion increase, 34.42%), and Vietnam at RM5.77 billion (1.92 billion increase, 49.84%). On the lower end, Singapore saw a decrease of RM2.88 billion, Japan decreased by RM1.12 billion, and China experienced a drop of RM682.80 million.

In summary, Brazil's trade dynamics show a significant increase in exports both month-on-month and year-on-year, with total exports reaching 31.04 billion USD, up 2.79 billion USD from the previous month and 6.13 billion USD from the previous year. Imports, however, have decreased month-on-month by 1.03 billion USD, totaling 21.4 billion USD, but increased year-on-year by 1.3 billion USD. The overall trade balance indicates a robust export performance despite the recent sanctions and regulatory discussions surrounding digital assets.

In the month-on-month analysis, Brazil's total exports increased by approximately 2.79 billion USD, reflecting a growth of about 9.87%. Imports, however, saw a decline of 1.03 billion USD, which is a decrease of around 4.57%. **Country Official:** - **Top 3 Imports:** Russia (707.97M USD, +295.48M, +71.63%), India (698.52M USD, +70.65M, +11.25%), South Korea (493.98M USD, +69.92M, +16.49%). - **Bottom 3 Imports:** United States (3.2B USD, -576.07M, -15.26%), China (5.44B USD, -252.79M, -4.44%), Mexico (529.14M USD, -186.11M, -26.02%). - **Top 3 Exports:** United States (3.45B USD, +857.21M, +33.08%), India (952.32M USD, +371.38M, +63.93%), Chile (868.86M USD, +309M, +55.19%). - **Bottom 3 Exports:** China (7.21B USD, -988.8M, -12.06%), Argentina (1.04B USD, -173.19M, -14.26%), Hungary (4.81M USD, -143.08M, -96.75%). **Subnat Geography:** - **Top 3 Imports:** Porto Velho (387.36M USD, +170.52M, +78.63%), São Luís (561.41M USD, +160.47M, +40.02%), Vitória (330.2M USD, +133.8M, +68.12%). - **Bottom 3 Imports:** Petrópolis (394.17M USD, -454.84M, -53.57%), São Sebastião (44.11M USD, -315.26M, -87.72%), Jundiaí (319.77M USD, -286.33M, -47.24%). - **Top 3 Exports:** Rio de Janeiro (3.75B USD, +501.07M, +15.42%), São José dos Campos (744.23M USD, +316.65M, +74.06%), Marabá (500.61M USD, +287.59M, +135.01%). - **Bottom 3 Exports:** Angra dos Reis (3.82M USD, -221.48M, -98.03%), Gavião Peixoto (85.64M USD, -171.95M, -66.67%), Parauapebas (450.54M USD, -79.02M, -14.94%). **HS4 Official:** - **Top 3 Imports:** Electric Generating Sets (145.4M USD, +139M, +1,729.70%), Planes, Helicopters, and/or Spacecraft (354.18M USD, +118.72M, +50.42%), Machinery Having Individual Functions (216.6M USD, +108.66M, +100.66%). - **Bottom 3 Imports:** Gas Turbines (525.65M USD, -528.03M, -50.11%), Packaged Medicaments (545.44M USD, -183.14M, -25.14%), Computers (221.12M USD, -172.98M, -43.89%). - **Top 3 Exports:** Copper Ore (778.36M USD, +552.87M, +245.18%), Iron Ore (2.93B USD, +371.4M, +14.54%), Crude Petroleum (3.88B USD, +361.52M, +10.26%). - **Bottom 3 Exports:** Soybeans (1.5B USD, -329.84M, -18.05%), Raw Sugar (1.09B USD, -146.89M, -11.87%), Frozen Bovine Meat (1.44B USD, -98.69M, -6.43%).

In the year-on-year analysis, Brazil's total exports increased by approximately 6.13 billion USD, reflecting a growth of about 24.63%. Imports also saw an increase of 1.3 billion USD, which is a rise of around 6.49%. **Country Official:** - **Top 3 Imports:** China (5.44B USD, +321.09M, +6.27%), Italy (592.21M USD, +138.48M, +30.52%), Finland (165.15M USD, +120.94M, +273.54%). - **Bottom 3 Imports:** Argentina (1.07B USD, -175.82M, -14.18%), Denmark (87.09M USD, -87.4M, -50.00%), Sweden (127.16M USD, -85.82M, -40.29%). - **Top 3 Exports:** China (7.21B USD, +1.95B, +37.16%), Chile (868.86M USD, +441.29M, +103.21%), India (952.32M USD, +401.95M, +73.03%). - **Bottom 3 Exports:** United States (3.45B USD, -274.37M, -7.37%), Argentina (1.04B USD, -253.76M, -19.59%), Iraq (106.95M USD, -117.28M, -52.30%). **Subnat Geography:** - **Top 3 Imports:** Cariacica (657.2M USD, +291.9M, +79.91%), São Paulo (1.02B USD, +262.68M, +34.78%), Porto Velho (387.36M USD, +251.64M, +185.42%). - **Bottom 3 Imports:** Petrópolis (394.17M USD, -328.72M, -45.43%), São João da Barra (43.87M USD, -88.76M, -66.88%), Joinville (350.7M USD, -77.23M, -18.05%). - **Top 3 Exports:** Rio de Janeiro (3.75B USD, +1.97B, +104.65%), Paranaguá (618.6M USD, +298.75M, +93.40%), Marabá (500.61M USD, +240.83M, +92.71%). - **Bottom 3 Exports:** Conceição do Mato Dentro (79.14M USD, -183.17M, -69.83%), São Paulo (496.62M USD, -128.6M, -20.57%), São Luís (145.81M USD, -127.8M, -46.67%). **HS4 Official:** - **Top 3 Imports:** Refined Petroleum (1.46B USD, +447.39M, +44.27%), Nitrogenous Fertilizers (649.76M USD, +199M, +44.15%), Packaged Medicaments (545.44M USD, +180.19M, +49.33%). - **Bottom 3 Imports:** Gas Turbines (525.65M USD, -283.4M, -35.03%), Steam Boilers (1.26M USD, -96.87M, -98.71%), Surveying Equipment (5.48M USD, -86.38M, -94.03%). - **Top 3 Exports:** Crude Petroleum (3.88B USD, +1.74B, +81.51%), Iron Ore (2.93B USD, +725.57M, +32.99%), Soybeans (1.5B USD, +644.66M, +75.54%). - **Bottom 3 Exports:** Raw Sugar (1.09B USD, -266.34M, -19.63%), Cars (302.07M USD, -134.56M, -30.83%), Sulfate Chemical Woodpulp (770.86M USD, -117.22M, -13.12%).

In summary, Brazil's trade dynamics show a significant increase in exports both month-on-month and year-on-year, with total exports reaching approximately 31.04 billion USD, up by 2.79 billion USD from the previous month and 6.13 billion USD from the previous year. Imports, however, have decreased month-on-month by 1.03 billion USD, totaling 21.4 billion USD, but increased year-on-year by 1.3 billion USD. The overall trade balance indicates a robust export performance despite the recent sanctions and regulatory discussions surrounding digital assets.

In the month-on-month analysis, Brazil's total exports increased by approximately 2.79 billion USD, reflecting a growth of about 9.87%. Imports, however, saw a decline of 1.03 billion USD, which is a decrease of around 4.57%. **Country Official:** - **Top 3 Imports:** Russia (707.97M USD, +295.48M, +71.63%), India (698.52M USD, +70.65M, +11.25%), South Korea (493.98M USD, +69.92M, +16.49%). - **Bottom 3 Imports:** United States (3.2B USD, -576.07M, -15.26%), China (5.44B USD, -252.79M, -4.44%), Mexico (529.14M USD, -186.11M, -26.02%). - **Top 3 Exports:** United States (3.45B USD, +857.21M, +33.08%), India (952.32M USD, +371.38M, +63.93%), Chile (868.86M USD, +309M, +55.19%). - **Bottom 3 Exports:** China (7.21B USD, -988.8M, -12.06%), Argentina (1.04B USD, -173.19M, -14.26%), Hungary (4.81M USD, -143.08M, -96.75%). **Subnat Geography:** - **Top 3 Imports:** Maranhão (600.77M USD, +184.96M, +44.48%), Rondônia (395.33M USD, +170.38M, +75.74%), Espírito Santo (1.3B USD, +154.57M, +13.43%). - **Bottom 3 Imports:** São Paulo (6.27B USD, -889.19M, -12.42%), Rio de Janeiro (2.02B USD, -445.31M, -18.03%), Rio Grande do Sul (818.21M USD, -261.01M, -24.19%). - **Top 3 Exports:** Não Declarada (2.04B USD, +1.25B, +160.43%), Pará (2.29B USD, +440.5M, +23.78%), Espírito Santo (1.06B USD, +280.48M, +35.80%). - **Bottom 3 Exports:** Bahia (797.9M USD, -194.22M, -19.58%), Minas Gerais (3.98B USD, -76.78M, -1.92%), Rio Grande do Norte (67.76M USD, -69.51M, -50.64%). **HS4 Official:** - **Top 3 Imports:** Electric Generating Sets (145.4M USD, +139M, +21.73%), Planes, Helicopters, and/or Spacecraft (354.18M USD, +118.72M, +50.42%), Machinery Having Individual Functions (216.6M USD, +108.66M, +100.66%). - **Bottom 3 Imports:** Gas Turbines (525.65M USD, -528.03M, -50.11%), Packaged Medicaments (545.44M USD, -183.14M, -25.14%), Computers (221.12M USD, -172.98M, -43.89%). - **Top 3 Exports:** Copper Ore (778.36M USD, +552.87M, +245.18%), Iron Ore (2.93B USD, +371.4M, +14.54%), Crude Petroleum (3.88B USD, +361.52M, +10.26%). - **Bottom 3 Exports:** Soybeans (1.5B USD, -329.84M, -18.05%), Raw Sugar (1.09B USD, -146.89M, -11.87%), Frozen Bovine Meat (1.44B USD, -98.69M, -6.43%).

In the year-on-year analysis, total exports increased by approximately 6.13 billion USD, which is a growth of about 24.63%. Imports also saw an increase of 1.3 billion USD, reflecting a growth of around 6.49%. **Country Official:** - **Top 3 Imports:** China (5.44B USD, +321.09M, +6.27%), Italy (592.21M USD, +138.48M, +30.52%), Finland (165.15M USD, +120.94M, +273.54%). - **Bottom 3 Imports:** Argentina (1.07B USD, -175.82M, -14.12%), Denmark (87.09M USD, -87.4M, -50.09%), Sweden (127.16M USD, -85.82M, -40.29%). - **Top 3 Exports:** China (7.21B USD, +1.95B, +37.16%), Chile (868.86M USD, +441.29M, +103.21%), India (952.32M USD, +401.95M, +73.03%). - **Bottom 3 Exports:** United States (3.45B USD, -274.37M, -7.37%), Argentina (1.04B USD, -253.76M, -19.59%), Iraq (106.95M USD, -117.28M, -52.30%). **Subnat Geography:** - **Top 3 Imports:** São Paulo (6.27B USD, +637.73M, +11.32%), Espírito Santo (1.3B USD, +387.41M, +42.25%), Maranhão (600.77M USD, +281.95M, +88.44%). - **Bottom 3 Imports:** Rio de Janeiro (2.02B USD, -249.68M, -10.98%), Paraíba (46.6M USD, -117.24M, -71.56%), Santa Catarina (2.67B USD, -114.77M, -4.10%). - **Top 3 Exports:** Rio de Janeiro (3.97B USD, +2.68B, +268.49%), Mato Grosso (2.56B USD, +937.43M, +57.64%), Minas Gerais (3.98B USD, +919.7M, +30.03%). - **Bottom 3 Exports:** Não Declarada (2.04B USD, -421.92M, -17.07%), Maranhão (281.93M USD, -151.15M, -34.80%), Roraima (15.62M USD, -46.37M, -748.05%). **HS4 Official:** - **Top 3 Imports:** Refined Petroleum (1.46B USD, +447.39M, +44.27%), Nitrogenous Fertilizers (649.76M USD, +199M, +44.15%), Packaged Medicaments (545.44M USD, +180.19M, +49.33%). - **Bottom 3 Imports:** Gas Turbines (525.65M USD, -283.4M, -35.03%), Steam Boilers (1.26M USD, -96.87M, -98.71%), Surveying Equipment (5.48M USD, -86.38M, -94.03%). - **Top 3 Exports:** Crude Petroleum (3.88B USD, +1.74B, +81.51%), Iron Ore (2.93B USD, +725.57M, +32.99%), Soybeans (1.5B USD, +644.66M, +75.54%). - **Bottom 3 Exports:** Raw Sugar (1.09B USD, -266.34M, -19.63%), Cars (302.07M USD, -134.56M, -30.82%), Sulfate Chemical Woodpulp (770.86M USD, -117.22M, -13.19%).

Overall, Singapore's trade values show a mixed performance in both month-on-month and year-on-year analyses. Total imports reached 64.03B SGD, with a month-on-month increase of 8.5B SGD (15.30% increase) and a year-on-year increase of 7.94B SGD (14.16% increase). Total exports amounted to 66.44B SGD, with a month-on-month increase of 2.38B SGD (3.71% increase) and a year-on-year increase of 6.36B SGD (10.58% increase). The trade flow indicates a robust import growth, particularly from regions like 'Other Asia, nes', while exports showed some declines in specific markets like China and the United States.

For the month-on-month analysis, imports from 'Other Asia, nes' saw the highest increase with a trade value of 11.9B SGD, reflecting a significant value change of 3.77B SGD (46.40% increase). Following closely, imports from Hong Kong increased to 1.32B SGD, with a value change of 883M SGD (200.68% increase). South Korea also contributed positively with imports rising to 4.22B SGD, a change of 798M SGD (23.31% increase). On the lower end, imports from the Philippines decreased to 644M SGD, with a value change of -832M SGD (-56.37% decrease). Switzerland's imports fell to 902M SGD, down by 717M SGD (-44.29% decrease). The United Arab Emirates also saw a decline, with imports at 1.47B SGD, a drop of 420M SGD (-22.19% decrease). For exports, China led with a trade value of 7.83B SGD, increasing by 1.59B SGD (25.55% increase). The United Kingdom followed with exports of 2.18B SGD, up by 1.49B SGD (215.03% increase). Hong Kong's exports reached 7.78B SGD, with a value change of 961M SGD (14.09% increase). Conversely, exports to Thailand decreased to 2.72B SGD, down by 1.8B SGD (-39.71% decrease). The United States saw a decline in exports to 6.55B SGD, with a drop of 1.29B SGD (-16.42% decrease). Belgium's exports were also down to 163M SGD, a decrease of 373M SGD (-69.59% decrease).

In the year-on-year analysis, imports from 'Other Asia, nes' increased to 11.9B SGD, with a value change of 2.98B SGD (33.46% increase). Vietnam's imports rose to 1.67B SGD, up by 888M SGD (113.70% increase). Hong Kong's imports also increased to 1.32B SGD, with a change of 554M SGD (72.04% increase). On the downside, imports from Malaysia decreased to 6.11B SGD, down by 460M SGD (-7.00% decrease). Ireland's imports fell to 91M SGD, a drop of 358M SGD (-79.73% decrease). Iraq's imports also saw a decline to 110M SGD, down by 349M SGD (-76.03% decrease). For exports, 'Other Asia, nes' led with a trade value of 6.12B SGD, increasing by 2.01B SGD (48.86% increase). The United Kingdom's exports rose to 2.18B SGD, with a value change of 1.59B SGD (271.38% increase). The United States also saw an increase in exports to 6.55B SGD, up by 1.06B SGD (19.28% increase). However, exports to China decreased to 7.83B SGD, down by 850M SGD (-9.79% decrease). Mexico's exports fell to 329M SGD, a drop of 573M SGD (-63.53% decrease). Japan's exports also decreased to 1.85B SGD, down by 361M SGD (-16.35% decrease).

Overall, Singapore's trade values showed a positive trend in both month-on-month and year-on-year analyses. Total imports increased to 47.11B SGD, up 5.58B SGD (13.43%) MoM and 3.43B SGD (7.86%) YoY. Exports also rose to 52.02B SGD, with a MoM increase of 332.46M SGD (0.64%) and a YoY increase of 6.52B SGD (14.35%). The trade flow indicates a healthy balance, with exports consistently outpacing imports, reflecting a robust economic outlook despite some declines in specific product categories.

In the month-on-month analysis, imports saw a significant increase, with the total trade value rising to 47.11B SGD, reflecting a 5.58B SGD increase (13.43%). The top three products contributing to this growth were Office Machines & Automatic Data-Processing Machines (6.32B SGD, +2.88B SGD, +83.92%), Electrical Machinery Apparatus & Appliances (18.15B SGD, +1.16B SGD, +6.82%), and Miscellaneous Manufactured Articles (2.42B SGD, +735.67M SGD, +43.76%). Conversely, the bottom three products were Medicinal & Pharmaceutical Products (545.48M SGD, -152.49M SGD, -21.85%), Photographic Apparatus Equipment (485.31M SGD, -42.88M SGD, -8.06%), and Professional Scientific Instruments (1.55B SGD, -27.92M SGD, -1.76%). Exports experienced a modest increase, totaling 52.02B SGD, with a slight rise of 332.46M SGD (0.64%). The leading products were Office Machines & Automatic Data-Processing Machines (7.05B SGD, +967.76M SGD, +15.99%), Petroleum & Products (5.84B SGD, +870.01M SGD, +17.51%), and Telecommunications Equipment (4.09B SGD, +726.69M SGD, +21.58%). The bottom performers included Organic Chemicals (734.64M SGD, -3.29B SGD, -81.74%), Oil Bunkers (2.76B SGD, -123.6M SGD, -4.29%), and Non-Metallic Mineral Manufactures (174.01M SGD, -24.82M SGD, -12.48%).

In the year-on-year analysis, imports totaled 47.11B SGD, reflecting a 3.43B SGD increase (7.86%). The top three products were Office Machines & Automatic Data-Processing Machines (6.32B SGD, +2.61B SGD, +70.18%), Electrical Machinery Apparatus & Appliances (18.15B SGD, +1.22B SGD, +7.19%), and Miscellaneous Manufactured Articles (2.42B SGD, +743.27M SGD, +44.41%). The bottom three were Petroleum & Products (6.8B SGD, -2.37B SGD, -25.87%), Medicinal & Pharmaceutical Products (545.48M SGD, -336.02M SGD, -38.12%), and Gas (514.24M SGD, -173.62M SGD, -25.29%). Exports reached 52.02B SGD, with a notable increase of 6.52B SGD (14.35%). The leading products were Office Machines & Automatic Data-Processing Machines (7.05B SGD, +3.71B SGD, +111.10%), Telecommunications Equipment (4.09B SGD, +1.91B SGD, +87.03%), and Miscellaneous Manufactured Articles (2.6B SGD, +828.54M SGD, +46.76%). The bottom performers included Organic Chemicals (734.64M SGD, -401.25M SGD, -35.32%), Plastics In Primary Forms (972.05M SGD, -211.78M SGD, -17.89%), and Oil Bunkers (2.76B SGD, -167.48M SGD, -5.73%).

Overall, the total trade values for Saudi Arabia in 202511 show a month-on-month decline in both imports and exports, with imports at 77.38 billion SAR and exports at 99.73 billion SAR. However, when looking at the year-on-year changes, both imports and exports have increased, indicating a positive trend over the year despite the recent monthly declines. The total trade flow reflects a complex dynamic where short-term fluctuations do not overshadow the longer-term growth trajectory.

In the month-on-month analysis, imports decreased by 2.69 billion SAR, resulting in a total trade value of 77.38 billion SAR, which reflects a decline of approximately 3.36%. The top three highest import values were recorded in the previous month, while the lowest values were seen in the current month. Exports also saw a decline, with a decrease of 4.26 billion SAR, bringing the total to 99.73 billion SAR, which is a drop of about 4.09%. The highest export values were noted in the previous month, while the lowest were in the current month.

In the year-on-year analysis, exports increased by 9.18 billion SAR, resulting in a total trade value of 99.73 billion SAR, which is a growth of approximately 10.14%. The top three highest export values were from the previous year, while the lowest values were from the current year. Imports also experienced growth, with an increase of 3.73 billion SAR, leading to a total of 77.38 billion SAR, which is a rise of about 5.07%. The highest import values were from the previous year, while the lowest were from the current year.

Overall, the total trade value for Saudi Arabia in the analyzed period was 177.11B SAR, with imports at 77.38B SAR and exports at 99.73B SAR. Month-on-month, total imports decreased by 2.69B SAR (-3.36%) while total exports fell by 4.26B SAR (-4.26%). Year-on-year, total imports increased by 3.73B SAR (5.07%) and total exports rose by 9.18B SAR (10.14%).

In the month-on-month analysis, imports from the United States saw the highest increase with a trade value of 7.91B SAR, reflecting a growth of 917.24M SAR (approximately 13.12%). China followed with 20.67B SAR, increasing by 822.02M SAR (4.14%). Italy also showed a significant rise with 2.73B SAR, up by 311.65M SAR (12.90%). On the lower end, imports from Switzerland decreased significantly by 1.87B SAR to 2.19B SAR (-46.17%). South Africa's imports fell by 682.49M SAR to 156.47M SAR (-81.35%). India also saw a decline of 485.72M SAR to 3.41B SAR (-12.47%). For exports, Japan led with 9.9B SAR, increasing by 1.52B SAR (18.15%). The United States followed with 6.1B SAR, up by 890.99M SAR (17.11%). The Netherlands also had a notable increase to 1.02B SAR, rising by 743.45M SAR (269.25%). Conversely, exports to India dropped by 1.91B SAR to 8.34B SAR (-18.64%). Bahrain's exports decreased by 1.44B SAR to 3.61B SAR (-28.56%). France also saw a decline of 1.26B SAR to 471.41M SAR (-72.76%).

In the year-on-year analysis, imports from the United Arab Emirates increased significantly by 889.27M SAR to 4.79B SAR (22.78%). France also saw a notable rise of 853.26M SAR to 2.38B SAR (55.91%). Japan's imports increased by 580.56M SAR to 3.41B SAR (20.50%). On the downside, imports from Russia fell by 555.66M SAR to 597.19M SAR (-48.20%). Switzerland's imports decreased by 223.06M SAR to 2.19B SAR (-9.26%). Brazil's imports also dropped by 190.56M SAR to 936.82M SAR (-16.90%). For exports, the United Arab Emirates had the highest increase with 11.7B SAR, up by 2.95B SAR (33.70%). The United States followed with 6.1B SAR, increasing by 2.37B SAR (63.70%). Egypt's exports rose by 1.49B SAR to 3.86B SAR (62.47%). On the lower end, Malaysia's exports fell by 1.38B SAR to 1.48B SAR (-48.30%). France's exports decreased by 1.1B SAR to 471.41M SAR (-70.09%). Burma's exports dropped significantly by 792.1M SAR to 10.64M SAR (-98.67%).

Overall, the total trade value for Saudi Arabia in the analyzed period shows imports at 77.38B SAR, with a month-on-month decrease of 2.69B SAR (-3.36%) and a year-on-year increase of 3.73B SAR (5.07%). Exports totaled 32.69B SAR, with a month-on-month decrease of 1.19B SAR (-3.51%) and a year-on-year increase of 5.77B SAR (21.41%). The trade balance indicates a significant fluctuation in both imports and exports, with imports experiencing a larger decline in the short term compared to exports.

In the month-on-month analysis, imports from Jeddah Islamic Sea Port saw the highest increase with a trade value of 17.48B SAR, reflecting a growth of 1.66B SAR (10.49%). King Khalid International Airport followed with an increase of 1.17B SAR (9.76%), bringing its total to 13.16B SAR. Ras Tannorah Port had a notable increase of 259.56M SAR (31.31%). On the lower end, King Abdulaziz Port experienced a significant drop of 2.95B SAR (-14.34%), with a total trade value of 17.63B SAR. King Abdulaziz International Airport also saw a decline of 1.16B SAR (-11.15%), totaling 9.23B SAR. King Fahad Industrial Port had a decrease of 690.93M SAR (-21.83%). For exports, King Abdulaziz International Airport led with an increase of 1B SAR (21.80%), totaling 5.61B SAR. Jizan Port had a remarkable rise of 166.14M SAR (943.41%), while Rub Al Khali Port increased by 156.49M SAR (46.51%). Conversely, Ras Tannorah Port faced a decline of 1.03B SAR (-40.71%), with a total of 1.5B SAR. Ras Alkhair Port decreased by 980.47M SAR (-26.91%), totaling 2.66B SAR. Yanbu Port also saw a drop of 214.29M SAR (-89.84%).

In the year-on-year analysis, imports from King Abdulaziz International Airport showed the most significant growth, increasing by 4.12B SAR (80.44%) to reach 9.23B SAR. King Khalid International Airport followed with a rise of 2.21B SAR (20.21%), totaling 13.16B SAR. Jizan Port also saw a notable increase of 414.24M SAR (63.53%), bringing its total to 1.07B SAR. On the downside, Ras Tannorah Port experienced a decline of 2.15B SAR (-66.42%), with a total of 1.09B SAR. Riyadh (Dry Port) decreased by 950.37M SAR (-35.66%), totaling 1.71B SAR. King Abdulaziz Port saw a slight decrease of 563.82M SAR (-3.11%). For exports, King Abdulaziz International Airport had the highest increase of 3.62B SAR (181.47%), totaling 5.61B SAR. Ras Alkhair Port increased by 1.16B SAR (77.65%), reaching 2.66B SAR. King Khalid International Airport also saw a rise of 741.32M SAR (26.54%), totaling 3.53B SAR. Conversely, Ras Tannorah Port faced a decline of 1.16B SAR (-43.46%), with a total of 1.5B SAR. Rabigh Port decreased by 290.61M SAR (-65.66%), totaling 152.06M SAR. Yanbu Port also saw a drop of 175.8M SAR (-87.99%).

Overall, the total trade value for Ireland in the analyzed period was 29.12B EUR, with exports amounting to 17.14B EUR (an increase of 521.78M EUR or 3.14%) and imports totaling 11.98B EUR (a decrease of 291.09M EUR or -2.37%). This indicates a positive trade balance, although the decline in imports suggests potential supply chain issues or reduced demand for foreign goods.

In the month-on-month analysis, imports from China saw the highest increase with a trade value of 1.31B EUR, reflecting a value change of 231.31M EUR (21.40% increase). France followed with 1.02B EUR, increasing by 203.51M EUR (24.93%). Germany's imports reached 1.23B EUR, up by 90.91M EUR (7.95%). On the lower end, imports from Other Asia, nes dropped significantly by 245.73M EUR (28.34%) to 621.27M EUR. Switzerland's imports fell by 223.84M EUR (51.38%) to 211.8M EUR, and Mexico's imports decreased by 174.39M EUR (45.76%) to 206.7M EUR. In exports, Belgium led with 2.04B EUR, increasing by 324M EUR (18.90%). The Netherlands followed closely with 2.08B EUR, up by 292.41M EUR (16.34%). Unclassified exports reached 850.63M EUR, increasing by 228.57M EUR (36.74%). Conversely, exports to the United States fell by 328.98M EUR (7.77%) to 3.93B EUR, Canada saw a decrease of 186.97M EUR (41.26%) to 266.13M EUR, and Switzerland's exports dropped by 163.06M EUR (48.67%) to 171.96M EUR.

In the year-on-year analysis, imports from France showed the most significant growth, reaching 1.02B EUR with a value change of 428.19M EUR (72.36% increase). Other Asia, nes followed with 621.27M EUR, up by 385.16M EUR (163.13%). Mexico's imports increased by 130.96M EUR (172.92%) to 206.7M EUR. On the downside, imports from Germany decreased by 300.68M EUR (19.60%) to 1.23B EUR. Portugal's imports fell by 253.93M EUR (87.18%) to 37.33M EUR, and Unclassified imports dropped by 88.07M EUR (8.43%) to 956.1M EUR. In exports, Belgium again led with 2.04B EUR, increasing by 652.78M EUR (47.11%). Hungary's exports surged to 374.26M EUR, up by 311.69M EUR (498.16%). Unclassified exports reached 850.63M EUR, increasing by 201.25M EUR (30.99%). However, exports to the United States plummeted by 4.16B EUR (51.40%) to 3.93B EUR, Portugal's exports fell by 307.72M EUR (88.22%) to 41.1M EUR, and China's exports decreased by 158.89M EUR (18.00%) to 719.68M EUR.

Overall, the total trade value for Norway in the analyzed period was 232.89 billion NOK, with exports amounting to 138.67 billion NOK and imports at 94.22 billion NOK. Month-on-month, total exports decreased by 1.1 billion NOK (0.79%) while imports decreased by 2.66 billion NOK (2.74%). Year-on-year, total exports decreased by 30.06 billion NOK (17.81%) while imports increased by 6.06 billion NOK (6.87%). This indicates a challenging export environment despite growth in imports, possibly influenced by global trade dynamics and recent trade agreements.

In the month-on-month analysis, imports from Thailand saw the highest increase with a trade value of 1.82 billion NOK, reflecting a significant growth of 3.04%. Japan and Romania followed with increases of 1.93 billion NOK and 1.17 billion NOK, respectively, showing growth rates of 0.60% and 1.49%. On the lower end, imports from Sweden decreased by 1.26 billion NOK, a decline of 12.59%. Canada and Germany also saw decreases of 1.14 billion NOK and 1.1 billion NOK, with declines of 44.91% and 8.52%. For exports, the Netherlands led with an increase of 14.64 billion NOK, a growth of 31.06%. Lithuania and Finland also saw increases of 1.7 billion NOK and 5.21 billion NOK, with growth rates of 129.19% and 17.17%. Conversely, exports to Sweden decreased by 3.13 billion NOK, a decline of 27.56%. Denmark and the United States also experienced declines of 1.17 billion NOK and 808.51 million NOK, with decreases of 12.97% and 16.22%.

In the year-on-year analysis, imports from China showed the most significant increase with a trade value of 13.99 billion NOK, reflecting a growth of 40.26%. Germany and Sweden followed with increases of 11.76 billion NOK and 8.73 billion NOK, with growth rates of 17.88% and 11.03%. On the downside, imports from the United States saw a decrease of 4.31 billion NOK, a decline of 44.39%. Singapore and Japan also experienced declines of 1.76 billion NOK and 369.23 million NOK, with decreases of 88.09% and 16.07%. For exports, China led with an increase of 4.5 billion NOK, a growth of 57.13%. Poland and Lithuania followed with increases of 8.1 billion NOK and 1.7 billion NOK, with growth rates of 16.32% and 75.12%. However, exports to the United Kingdom saw a significant decrease of 10.97 billion NOK, a decline of 31.37%. Germany and France also experienced declines of 8.74 billion NOK and 4.12 billion NOK, with decreases of 28.43% and 35.10%.

Overall, Denmark's trade values showed mixed results in the latest analysis. Total imports reached 79.15B DKK, with a month-on-month increase of 2.39B DKK (3.12%) and a year-on-year increase of 3.2B DKK (4.22%). Exports totaled 84.82B DKK, experiencing a month-on-month decrease of 1.36B DKK (-1.58%) and a slight year-on-year decline of 85.44M DKK (-0.001%). The trade balance indicates a healthy import growth, while exports faced challenges, particularly with significant declines in certain partner countries.

In the month-on-month analysis, imports from South Korea saw the highest increase with a trade value of 3.12B DKK, reflecting a significant rise of 2.66B DKK (5.78%). The second highest was from the Rest of the World at 2.65B DKK, with a 1.19B DKK increase (0.82%). France followed with imports valued at 2.67B DKK, up by 427.36M DKK (19.08%). On the lower end, imports from China decreased to 5.04B DKK, down by 1.3B DKK (-20.55%). Bangladesh and Panama also saw declines, with values of 473.64M DKK (-336.94M DKK, -41.57%) and 574.71K DKK (-306.69M DKK, -99.998%) respectively. In exports, Saudi Arabia led with 763.53M DKK, an increase of 437.62M DKK (134.27%). Finland followed with 1.8B DKK, up by 426.97M DKK (31.06%). The United Kingdom had exports of 3.53B DKK, increasing by 367.32M DKK (11.62%). Conversely, the Netherlands saw a drop to 4.47B DKK, down by 759.26M DKK (-14.52%). Japan and Italy also experienced declines, with values of 553.87M DKK (-336.87M DKK, -37.83%) and 1.76B DKK (-279.07M DKK, -13.67%) respectively.

In the year-on-year analysis, imports from the Rest of the World increased to 2.65B DKK, with a notable rise of 1.29B DKK (94.51%). South Korea followed with 3.12B DKK, up by 948.27M DKK (43.72%). Belgium also saw growth, reaching 2.9B DKK, an increase of 551.38M DKK (23.49%). On the downside, imports from China fell to 5.04B DKK, down by 911.57M DKK (-15.32%). The Marshall Islands and the United States also reported declines, with values of 0 DKK (-598.77M DKK) and 2.47B DKK (-421.52M DKK, -14.58%) respectively. In exports, Poland led with 4.1B DKK, an increase of 690.9M DKK (20.28%). The Rest of the World followed with 17.74B DKK, up by 601.69M DKK (3.51%). Sweden also saw growth, reaching 7.09B DKK, with an increase of 493.65M DKK (7.49%). However, exports to the Marshall Islands dropped to 367.57K DKK, down by 1.63B DKK (-99.999%). Turkey and the United Kingdom also faced declines, with values of 456.74M DKK (-438.6M DKK, -48.99%) and 3.53B DKK (-401.03M DKK, -10.21%) respectively.

In summary, Portugal's trade values showed a mixed performance in the analyzed period. Month-on-month, total exports decreased by 199.44M EUR (-2.90%) and imports fell by 1.01B EUR (-10.47%). Year-on-year, total exports decreased by 127.76M EUR (-1.88%) and imports fell by 638.71M EUR (-6.87%). The most significant increases in imports were from Angola, Nigeria, and Kuwait, while the largest decreases were from Spain, China, and Italy. For exports, Germany, Italy, and Ukraine saw the highest increases, while Spain, France, and Angola experienced the largest declines.

In the month-on-month analysis, imports from Angola saw a significant increase of 55.49M EUR, representing a 16.73% rise. Nigeria and Kuwait also experienced growth, with increases of 38.65M EUR (1.90%) and 27.18M EUR (1.48%) respectively. On the other hand, imports from Spain decreased by 273.78M EUR (-8.11%), while China and Italy saw declines of 166.63M EUR (-26.64%) and 111.52M EUR (-20.41%) respectively. For exports, Germany led with an increase of 229.5M EUR (28.49%), followed by Italy with 64.52M EUR (22.67%) and Ukraine with 10.34M EUR (32.28%). Conversely, exports to Spain fell by 105.31M EUR (-5.79%), France by 49.9M EUR (-5.79%), and Angola by 38.66M EUR (-31.73%). Overall, total exports decreased by 199.44M EUR (-2.90%), while imports fell by 1.01B EUR (-10.47%).

In the year-on-year analysis, imports from Spain increased by 74.69M EUR (2.47%), while imports from China and Angola rose by 68.1M EUR (17.43%) and 57.77M EUR (55.78%) respectively. Imports from Germany also saw a rise of 56.45M EUR (5.55%). However, imports from Ireland, the United States, and Brazil experienced significant declines, with decreases of 581.31M EUR (-88.43%), 103.69M EUR (-39.78%), and 79.75M EUR (-64.38%) respectively. For exports, Germany again led with an increase of 131.65M EUR (14.57%), followed by Turkey with 30.77M EUR (58.19%) and the United Kingdom with 27.76M EUR (9.24%). Exports to Spain, the United States, and the Netherlands saw declines of 144.32M EUR (-7.67%), 76.35M EUR (-20.73%), and 34.4M EUR (-15.58%) respectively. Overall, total exports decreased by 127.76M EUR (-1.88%), while imports fell by 638.71M EUR (-6.87%).

Overall, the analysis indicates a challenging trade environment for Portugal in 202511, with total imports at 7.24B EUR and total exports at 5.73B EUR. Month-on-month, imports decreased by 791.36M EUR (-9.86%) and exports decreased by 405.23M EUR (-6.06%). Year-on-year, imports decreased by 215.22M EUR (-2.88%) and exports decreased by 301.86M EUR (-5.01%). The trade balance remains under pressure, reflecting the broader economic challenges faced by the eurozone.

In the month-on-month analysis, imports from Loures saw a significant increase of 68.19M EUR, representing a 31.74% rise. Lisbon's imports also increased by 61.46M EUR, but at a much lower rate of 4.13%. On the lower end, Oeiras experienced a decline of 99.91M EUR, a drop of 10.64%. The most notable increases in exports were from Palmela, which surged by 212.54M EUR (73.93%), and Loures, which rose by 36.41M EUR (38.52%). Conversely, Lisbon's exports fell by 77.26M EUR, a decrease of 13.52%. Overall, total imports decreased by 791.36M EUR (-9.86%) while total exports decreased by 405.23M EUR (-6.06%).

In the year-on-year analysis, Loures imports increased by 68.24M EUR (31.77%), while imports from Lisbon decreased by 145.3M EUR (-8.58%). The most significant growth in exports was from Palmela, which increased by 73.87M EUR (17.34%), while Lisbon's exports fell by 232.8M EUR (-32.06%). Total imports decreased by 215.22M EUR (-2.88%) year-on-year, while total exports decreased by 301.86M EUR (-5.01%).

Overall, Argentina's total trade value for the month decreased by 643.39M USD, with imports totaling 5.56B USD (a decrease of 42.09M USD) and exports at 11.38B USD (a decrease of 601.3M USD). Year-on-year, total trade saw an increase of 1.08B USD, with imports rising to 5.56B USD (an increase of 186.55M USD) and exports reaching 11.38B USD (an increase of 894.63M USD).

In the month-on-month analysis, imports from the United States saw a significant increase of 52.1M USD, representing a 12.55% rise. China also contributed positively with an increase of 43.06M USD (2.91%). Spain's imports rose sharply by 34.76M USD, marking a 43.42% increase. On the downside, imports from Paraguay dropped drastically by 99.28M USD, a decline of 49.50%. Mexico and Brazil also saw decreases of 94.07M USD (-45.75%) and 77.83M USD (-6.41%) respectively. In exports, the United States led with a remarkable increase of 318.68M USD (34.18%), followed by Bangladesh with 122.69M USD (150.64%) and Indonesia with 103.09M USD (91.74%). Conversely, exports to China fell by 659.6M USD (-45.72%), while exports to the Netherlands and Mexico decreased by 100.12M USD (-33.48%) and 84.86M USD (-58.41%) respectively.

Year-on-year, imports from China increased by 314.25M USD (26.04%), while unclassified imports rose by 69.92M USD (116.57%). Spain's imports also grew by 39.35M USD (52.13%). However, imports from Brazil decreased by 219.28M USD (-16.16%), and the United States saw a decline of 64.75M USD (-12.17%). In exports, the United States experienced a substantial increase of 667.63M USD (114.44%), with China following closely with an increase of 414.23M USD (112.26%). Morocco's exports rose by 150.61M USD (25.95%). On the contrary, exports to Brazil fell by 303.34M USD (-20.83%), and Chile's exports decreased by 271.39M USD (-35.74%).