Brazil / Chile

Overview In May 2024, Brazil exported $510M and imported $417M from Chile, resulting in a positive trade balance of $92.2M. Between May 2023 and May 2024 the exports of Brazil have decreased by $-276M (-35.1%) from $785M to $510M, while imports increased by $93.2M (28.8%) from $324M to $417M.

Trade In May 2024, the top exports of Brazil to Chile were Crude Petroleum ($149M), Delivery Trucks ($37.1M), Cars ($33.3M), Raw Sugar ($19.7M), and Bovine Meat ($19.2M). In May 2024 the top imports of Brazil from Chile were Refined Copper ($126M), Non-fillet Fresh Fish ($73.1M), Molybdenum Ore ($22.7M), Acyclic Alcohols ($16.2M), and Wine ($11.5M).

Origins In May 2024 the exports of Brazil were mainly from São Paulo ($151M), Rio de Janeiro ($89.4M), Paraná ($57.6M), Santa Catarina ($38.8M), and Rio Grande do Sul ($33.6M), while imports destinations were mainly Santa Catarina ($148M), São Paulo ($112M), Rio de Janeiro ($51.2M), Minas Gerais ($21.1M), and Paraná ($19.2M).

Growth In May 2024, the decrease in Brazil's year-by-year exports to Chile was explained primarily by an decrease in product exports in Crude Petroleum ($-57.1M or -27.7%), Hot-Rolled Iron ($-32.5M or -100%), and Cars ($-11.1M or -25%). In May 2024, the increase in Brazil's year-by-year imports  from Chile was explained primarily by an increase in product imports  in Non-fillet Fresh Fish ($10.1M or 16%), Molybdenum Ore ($5.39M or 31.1%), and Pure Olive Oil ($1.96M or 128%).