Brazil / Japan

Overview In February 2024, Brazil exported $278M and imported $340M from Japan, resulting in a negative trade balance of $62.6M. Between February 2023 and February 2024 the exports of Brazil have decreased by $-147M (-34.7%) from $425M to $278M, while imports increased by $2.63M (0.78%) from $338M to $340M.

Trade In February 2024, the top exports of Brazil to Japan were Corn ($274M), Poultry Meat ($86.8M), Iron Ore ($61.9M), Ferroalloys ($32.8M), and Coffee ($30.4M). In February 2024 the top imports of Brazil from Japan were Motor vehicles; parts and accessories (8701... ($64.3M), Refined Petroleum ($24.3M), Coke ($22.1M), Vaccines, blood, antisera, toxins and cultures ($16.3M), and Integrated Circuits ($14.3M).

Origins In February 2024 the exports of Brazil were mainly from Minas Gerais ($57.9M), Santa Catarina ($47.3M), São Paulo ($42.3M), Rio Grande do Sul ($39.4M), and Paraná ($28.9M), while imports destinations were mainly São Paulo ($155M), Amazonas ($40.6M), Paraná ($27.6M), Santa Catarina ($22.1M), and Minas Gerais ($22.1M).

Growth In February 2024, the decrease in Brazil's year-by-year exports to Japan was explained primarily by an decrease in product exports in Iron Ore ($-77.6M or -55.6%), Raw Aluminium ($-32.2M or -51.8%), and Soybean Meal ($-25.4M or -51.1%). In February 2024, the increase in Brazil's year-by-year imports  from Japan was explained primarily by an increase in product imports  in Refined Petroleum ($23.9M or 6.55k%), Vaccines, blood, antisera, toxins and cultures ($11M or 206%), and Large Construction Vehicles ($5.45M or 383%).