Overview: In March 2021 Brazil exported $290M and imported $180M from United Kingdom, resulting in a positive trade balance of $109M. Between March 2020 and March 2021 the exports of Brazil have increased by $109M (60.1%) from $181M to $290M, while imports decreased by $-38.3M (-17.5%) from $219M to $180M.
Trade: In March 2021, the top exports of Brazil to United Kingdom were Gold ($61.5M), Iron Ore ($55.6M), Other Prepared Meat ($17.2M), Soybeans ($16.4M), and Raw Sugar ($12.4M). In March 2021 the top imports of Brazil from United Kingdom were Packaged Medicaments ($12.9M), Cars ($12M), Hard Liquor ($9.36M), Nitrogen Heterocyclic Compounds ($9.34M), and Other Floating Structures ($6.79M).
Origins: In March 2021 the exports of Brazil were mainly from Minas Gerais ($128M), São Paulo ($53.6M), Santa Catarina ($21.2M), Mato Grosso ($17.3M), and Rio Grande do Sul ($15.5M), while imports destinations were mainly São Paulo ($82.8M), Rio de Janeiro ($38.7M), Santa Catarina ($14.9M), Paraná ($13.3M), and Pernambuco ($11.2M).
Growth: In March 2021, the increase in Brazil's year-by-year exports to United Kingdom was explained primarily by an increase in product exports in Gold ($28.2M or 84.6%), Ferroalloys ($7.74M or 143k%), and Sulfate Chemical Woodpulp ($7.65M or 126k%). In March 2021, the decrease in Brazil's year-by-year imports from United Kingdom was explained primarily by an decrease in product imports in Valves ($-46M or -90.3%), Flexible Metal Tubing ($-13.8M or -87%), and Packaged Medicaments ($-7.39M or -36.5%).