Overview In March 2022 Brazil exported $293M and imported $219M from United Kingdom, resulting in a positive trade balance of $73.4M. Between March 2021 and March 2022 the exports of Brazil have decreased by $-1.72M (-0.59%) from $294M to $293M, while imports increased by $38.7M (21.5%) from $180M to $219M.
Trade In March 2022, the top exports of Brazil to United Kingdom were Gold ($73.8M), Soybeans ($28.4M), Hydrogen ($21.8M), Coffee ($18M), and Other Prepared Meat ($16.6M). In March 2022 the top imports of Brazil from United Kingdom were Petroleum Gas ($31.5M), Packaged Medicaments ($17.5M), Hard Liquor ($10.6M), Nitrile Compounds ($8.84M), and Machinery Having Individual Functions ($6.56M).
Origins In March 2022 the exports of Brazil were mainly from Minas Gerais ($102M), São Paulo ($47.6M), Santa Catarina ($21.7M), Goiás ($18.7M), and Mato Grosso ($17.3M), while imports destinations were mainly São Paulo ($85.4M), Rio de Janeiro ($69.8M), Santa Catarina ($19.2M), Paraná ($16.8M), and Minas Gerais ($7.38M).
Growth In March 2022, the decrease in Brazil's year-by-year exports to United Kingdom was explained primarily by an decrease in product exports in Refined Petroleum ($-2.46M or -70.3%), Hydrogen ($-2.42M or -21.4%), and Gas Turbines ($-2.05M or -85.1%). In March 2022, the increase in Brazil's year-by-year imports from United Kingdom was explained primarily by an increase in product imports in Hard Liquor ($4.11M or 67.8%), Combustion Engines ($3.56M or 611%), and Vehicle Parts ($1.89M or 86.3%).