Brazil / Argentina

Overview In October 2023, Brazil exported $1.26B and imported $1.1B from Argentina, resulting in a positive trade balance of $160M. Between October 2022 and October 2023 the exports of Brazil have decreased by $-42.8M (-3.29%) from $1.3B to $1.26B, while imports decreased by $-70M (-5.99%) from $1.17B to $1.1B.

Trade In October 2023, the top exports of Brazil to Argentina were Cars ($86.7M), Motor vehicles; parts and accessories (8701... ($67.8M), Semi-Finished Iron ($42.7M), Ethylene Polymers ($30.8M), and Iron Ore ($22M). In October 2023 the top imports of Brazil from Argentina were Electricity ($133M), Wheat ($117M), Delivery Trucks ($110M), Cars ($46.4M), and Ethylene Polymers ($40.8M).

Origins In October 2023 the exports of Brazil were mainly from São Paulo ($547M), Minas Gerais ($176M), Paraná ($119M), Rio Grande do Sul ($92.7M), and Mato Grosso do Sul ($79.8M), while imports destinations were mainly Rio Grande do Sul ($262M), Minas Gerais ($160M), São Paulo ($155M), Espírito Santo ($144M), and Santa Catarina ($118M).

Growth In October 2023, the decrease in Brazil's year-by-year exports to Argentina was explained primarily by an decrease in product exports in Iron Ore ($-27.6M or -55.6%), Delivery Trucks ($-18.9M or -47%), and Cars ($-18.8M or -17.8%). In October 2023, the decrease in Brazil's year-by-year imports  from Argentina was explained primarily by an decrease in product imports  in Wheat ($-23.3M or -16.6%), Electricity ($-23M or -14.7%), and Refined Petroleum ($-16.4M or -97.4%).