Overview In March 2022 Brazil exported $1.2B and imported $973M from Argentina, resulting in a positive trade balance of $223M. Between March 2021 and March 2022 the exports of Brazil have increased by $104M (9.56%) from $1.09B to $1.2B, while imports increased by $41.1M (4.41%) from $932M to $973M.
Trade In March 2022, the top exports of Brazil to Argentina were Vehicle Parts ($108M), Cars ($97.9M), Iron Ore ($45.8M), Delivery Trucks ($38M), and Refined Petroleum ($27.6M). In March 2022 the top imports of Brazil from Argentina were Delivery Trucks ($166M), Cars ($156M), Wheat ($136M), Petroleum Gas ($81.2M), and Combustion Engines ($33.3M).
Origins In March 2022 the exports of Brazil were mainly from São Paulo ($525M), Minas Gerais ($117M), Rio Grande do Sul ($104M), Paraná ($101M), and Bahia ($71M), while imports destinations were mainly Rio Grande do Sul ($194M), São Paulo ($192M), Santa Catarina ($151M), Pernambuco ($90M), and Minas Gerais ($89.5M).
Growth In March 2022, the increase in Brazil's year-by-year exports to Argentina was explained primarily by an increase in product exports in Semi-Finished Iron ($32.8M or 2.62k%), Iron Ore ($32.5M or 190%), and Cars ($25M or 31.1%). In March 2022, the increase in Brazil's year-by-year imports from Argentina was explained primarily by an increase in product imports in Electricity ($156M or 251k%), Wheat ($21.3M or 17.9%), and Delivery Trucks ($13.9M or 15.7%).