Brazil / Singapore

Overview In October 2024, Brazil exported $665M and imported $61.2M from Singapore, resulting in a positive trade balance of $603M. Between October 2023 and October 2024 the exports of Brazil have increased by $61.5M (10.2%) from $603M to $665M, while imports decreased by $-52.9M (-46.4%) from $114M to $61.2M.

Trade In October 2024, the top exports of Brazil to Singapore were Refined Petroleum ($623M), Crude Petroleum ($70.3M), Poultry Meat ($22.3M), Petroleum Coke ($17M), and Pig Meat ($11.9M). In October 2024 the top imports of Brazil from Singapore were Integrated Circuits ($12.7M), Liquid Pumps ($4.89M), Synthetic Rubber ($2.34M), Valves ($2.27M), and Organo-Sulfur Compounds ($2.06M).

Origins In October 2024 the exports of Brazil were mainly from São Paulo ($259M), Rio de Janeiro ($143M), Bahia ($65M), Minas Gerais ($30.3M), and Espírito Santo ($27.3M), while imports destinations were mainly São Paulo ($23.8M), Amazonas ($11.5M), Santa Catarina ($9.96M), Rio de Janeiro ($5.63M), and Paraná ($4.32M).

Growth In October 2024, the increase in Brazil's year-by-year exports to Singapore was explained primarily by an increase in product exports in Crude Petroleum ($48.3M or 220%), Refined Petroleum ($10.1M or 1.64%), and Iron Pipes ($6.48M or 144k%). In October 2024, the decrease in Brazil's year-by-year imports  from Singapore was explained primarily by an decrease in product imports  in Pesticides ($-4.56M or -72.2%), Integrated Circuits ($-2.94M or -18.8%), and Machinery Having Individual Functions ($-1.91M or -91.3%).