Brazil / Israel

Overview In February 2024, Brazil exported $96.7M and imported $87.7M from Israel, resulting in a positive trade balance of $8.98M. Between February 2023 and February 2024 the exports of Brazil have increased by $52.6M (119%) from $44.1M to $96.7M, while imports decreased by $-1.49M (-1.68%) from $89.2M to $87.7M.

Trade In February 2024, the top exports of Brazil to Israel were Frozen Bovine Meat ($11.1M), Coffee ($1.67M), Rubber Footwear ($1.03M), Fruit Juice ($994k), and Other Electrical Machinery ($594k). In February 2024 the top imports of Brazil from Israel were Potassic Fertilizers ($25.2M), Phosphatic Fertilizers ($10.7M), Pesticides ($6.48M), Audio Alarms ($5.82M), and Raw Plastic Sheeting ($5.79M).

Origins In February 2024 the exports of Brazil were mainly from Rio de Janeiro ($68.8M), São Paulo ($8.14M), Pará ($6.29M), Mato Grosso ($3.78M), and Mato Grosso do Sul ($3.55M), while imports destinations were mainly São Paulo ($27.7M), Mato Grosso ($14.2M), Pará ($9.97M), Santa Catarina ($6.46M), and Bahia ($6.36M).

Growth In February 2024, the increase in Brazil's year-by-year exports to Israel was explained primarily by an increase in product exports in Other Electrical Machinery ($488k or 463%), Other Steel Bars ($485k or 589%), and Coffee ($310k or 22.7%). In February 2024, the decrease in Brazil's year-by-year imports  from Israel was explained primarily by an decrease in product imports  in Potassic Fertilizers ($-18.4M or -42.3%), Pesticides ($-7.9M or -54.9%), and Mixed Mineral or Chemical Fertilizers ($-2.11M or -39.4%).