Brazil / Norway

Overview In December 2024, Brazil exported $83.6M and imported $43.5M from Norway, resulting in a positive trade balance of $40.1M. Between December 2023 and December 2024 the exports of Brazil have decreased by $-19.6M (-19%) from $103M to $83.6M, while imports decreased by $-12M (-21.7%) from $55.5M to $43.5M.

Trade In December 2024, the top exports of Brazil to Norway were Aluminium Oxide ($63.6M), Soybeans ($33M), Valves ($9.76M), Refined Petroleum ($7.58M), and Coffee ($4.57M). In December 2024 the top imports of Brazil from Norway were Dried/Salted/Smoked/Brined Fish ($17.2M), Gas and Liquid Flow Measuring Instruments ($4.31M), Valves ($3.84M), Other Plastic Sheetings ($2.82M), and Machinery Having Individual Functions ($2.66M).

Origins In December 2024 the exports of Brazil were mainly from Pará ($47.3M), Mato Grosso ($15.1M), Paraná ($5.49M), Rio de Janeiro ($4.9M), and Minas Gerais ($3.95M), while imports destinations were mainly São Paulo ($12.7M), Rio de Janeiro ($10.2M), Espírito Santo ($6.79M), Paraná ($3.79M), and Santa Catarina ($2.94M).

Growth In December 2024, the decrease in Brazil's year-by-year exports to Norway was explained primarily by an decrease in product exports in Carbides ($-808k or -37.7%), Other Plastic Sheetings ($-232k or -69.4%), and Coffee and Tea Extracts ($-101k or -99.7%). In December 2024, the decrease in Brazil's year-by-year imports  from Norway was explained primarily by an decrease in product imports  in Ferroalloys ($-7.53M or -93.1%), Raw Nickel ($-6.3M or -86.7%), and Liquid Pumps ($-2.23M or -95.6%).