Overview In July 2021 Brazil exported $229M and imported $259M from United Kingdom, resulting in a negative trade balance of $29.3M. Between July 2020 and July 2021 the exports of Brazil have increased by $55.8M (32.1%) from $174M to $229M, while imports increased by $28.5M (12.4%) from $230M to $259M.
Trade In July 2021, the top exports of Brazil to United Kingdom were Gold ($73.5M), Raw Sugar ($23.3M), Other Prepared Meat ($16.9M), Ferroalloys ($11.2M), and Hydrogen ($7.71M). In July 2021 the top imports of Brazil from United Kingdom were Packaged Medicaments ($33M), Flexible Metal Tubing ($29M), Refined Petroleum ($15.7M), Pesticides ($15.4M), and Valves ($15.1M).
Origins In July 2021 the exports of Brazil were mainly from Minas Gerais ($81.9M), São Paulo ($57.3M), Goiás ($22.9M), Santa Catarina ($20.3M), and Paraná ($12.5M), while imports destinations were mainly São Paulo ($99.9M), Rio de Janeiro ($68.5M), Santa Catarina ($24.5M), Distrito Federal ($20.3M), and Paraná ($18.9M).
Growth In July 2021, the increase in Brazil's year-by-year exports to United Kingdom was explained primarily by an increase in product exports in Gold ($62.8M or 587%), Raw Sugar ($23.2M or 20.3k%), and Ferroalloys ($11.2M or 104k%). In July 2021, the increase in Brazil's year-by-year imports from United Kingdom was explained primarily by an increase in product imports in Packaged Medicaments ($19.1M or 138%), Flexible Metal Tubing ($10.9M or 60%), and Hard Liquor ($8.05M or 136%).