Brazil / Qatar

Overview In December 2024, Brazil exported $27.3M and imported $42.6M from Qatar, resulting in a negative trade balance of $15.4M. Between December 2023 and December 2024 the exports of Brazil have decreased by $-27M (-49.8%) from $54.3M to $27.3M, while imports increased by $18.3M (74.9%) from $24.4M to $42.6M.

Trade In December 2024, the top exports of Brazil to Qatar were Poultry Meat ($15M), Frozen Bovine Meat ($1.26M), Other Pure Vegetable Oils ($578k), Other Prepared Meat ($443k), and Refined Petroleum ($369k). In December 2024 the top imports of Brazil from Qatar were Nitrogenous Fertilizers ($58.8M), Refined Petroleum ($11.7M), Prepr binder for foundry ($73.5k), Thermostats ($7.59k), and Iron Fasteners ($2).

Origins In December 2024 the exports of Brazil were mainly from Paraná ($6.81M), Rio Grande do Sul ($4.6M), São Paulo ($4.13M), Minas Gerais ($3.28M), and Santa Catarina ($2.07M), while imports destinations were mainly Paraná ($12.3M), Mato Grosso ($8.45M), Rio Grande do Sul ($7.64M), Bahia ($6.99M), and Goiás ($6.73M).

Growth In December 2024, the decrease in Brazil's year-by-year exports to Qatar was explained primarily by an decrease in product exports in Iron Pipes ($-2.6M or -92.3%), Sawn Wood ($-663k or -72.6%), and Bovine Meat ($-406k or -56.2%). In December 2024, the increase in Brazil's year-by-year imports  from Qatar was explained primarily by an increase in product imports  in Nitrogenous Fertilizers ($12.7M or 27.7%) and Refined Petroleum ($4.82M or 69.8%).