Brazil / Mexico

Overview In September 2024, Brazil exported $673M and imported $420M from Mexico, resulting in a positive trade balance of $253M. Between September 2023 and September 2024 the exports of Brazil have decreased by $-5.51M (-0.81%) from $678M to $673M, while imports decreased by $-59.6M (-12.4%) from $479M to $420M.

Trade In September 2024, the top exports of Brazil to Mexico were Corn ($81.1M), Cars ($45.2M), Engine Parts ($23.3M), Iron Ore ($23M), and Poultry Meat ($21.6M). In September 2024 the top imports of Brazil from Mexico were Motor vehicles; parts and accessories (8701... ($54.8M), Delivery Trucks ($38.8M), Cars ($38.4M), Recreational Boats ($28.8M), and Computers ($17.2M).

Origins In September 2024 the exports of Brazil were mainly from São Paulo ($251M), Paraná ($99.6M), Minas Gerais ($96.3M), Santa Catarina ($85M), and Rio Grande do Sul ($31.2M), while imports destinations were mainly São Paulo ($168M), Rio de Janeiro ($62M), Minas Gerais ($45M), Santa Catarina ($38.2M), and Espírito Santo ($30.3M).

Growth In September 2024, the decrease in Brazil's year-by-year exports to Mexico was explained primarily by an decrease in product exports in Semi-Finished Iron ($-23M or -67.6%), Telephones ($-4.56M or -82.7%), and Sawn Wood ($-4.38M or -32.7%). In September 2024, the decrease in Brazil's year-by-year imports  from Mexico was explained primarily by an decrease in product imports  in Polycarboxylic Acids ($-4.21M or -59.3%), Silver ($-3.45M or -99.2%), and Computers ($-2.89M or -14.4%).