Overview In July 2021 Brazil exported $1.08B and imported $914M from Argentina, resulting in a positive trade balance of $165M. Between July 2020 and July 2021 the exports of Brazil have increased by $379M (54.1%) from $701M to $1.08B, while imports increased by $360M (65%) from $554M to $914M.
Trade In July 2021, the top exports of Brazil to Argentina were Vehicle Parts ($81.9M), Cars ($77.7M), Coated Flat-Rolled Iron ($58.5M), Iron Ore ($57.6M), and Semi-Finished Iron ($39.8M). In July 2021 the top imports of Brazil from Argentina were Delivery Trucks ($238M), Wheat ($121M), Cars ($102M), Corn ($34.3M), and Vehicle Parts ($31.3M).
Origins In July 2021 the exports of Brazil were mainly from São Paulo ($436M), Minas Gerais ($116M), Rio Grande do Sul ($85.8M), Paraná ($78.2M), and Rio de Janeiro ($69.1M), while imports destinations were mainly Rio Grande do Sul ($177M), São Paulo ($148M), Paraná ($131M), Santa Catarina ($121M), and Espírito Santo ($85.3M).
Growth In July 2021, the increase in Brazil's year-by-year exports to Argentina was explained primarily by an increase in product exports in Coated Flat-Rolled Iron ($56.3M or 2.56k%), Iron Ore ($50M or 650%), and Vehicle Parts ($43.6M or 114%). In July 2021, the increase in Brazil's year-by-year imports from Argentina was explained primarily by an increase in product imports in Delivery Trucks ($138M or 137%), Cars ($67.2M or 192%), and Corn ($34.3M or 149M%).