Overview In December 2022, Canada exported C$173M and imported C$1.04B from Brazil, resulting in a negative trade balance of C$868M. Between December 2021 and December 2022 the exports of Canada have decreased by C$-73.1M (-29.7%) from C$246M to C$173M, while imports increased by C$225M (27.6%) from C$816M to C$1.04B.
Trade In December 2022, the top exports of Canada to Brazil were Potassic Fertilizers (C$72.6M), Packaged Medicaments (C$11M), Gas Turbines (C$4.57M), Planes, Helicopters, and/or Spacecraft (C$2.27M), and Eggs (C$1.85M). In December 2022 the top imports of Canada from Brazil were Aluminium Oxide (C$170M), Gold (C$145M), Raw Sugar (C$37.3M), Semi-Finished Iron (C$34.2M), and Large Construction Vehicles (C$25.2M).
Origins In December 2022 the exports of Canada were mainly from Saskatchewan (C$79.5M), Quebec (C$41M), Ontario (C$37.7M), Manitoba (C$5.12M), and Alberta (C$4.62M), while imports destinations were mainly Ontario (C$627M), Quebec (C$310M), Alberta (C$53.1M), British Columbia (C$37.1M), and Saskatchewan (C$5.46M).
Growth In December 2022, the decrease in Canada's year-by-year exports to Brazil was explained primarily by an decrease in product exports in Gas Turbines (C$-16.1M or -77.9%), Ethylene Polymers (C$-4.43M or -94.6%), and Metalworking Machine Parts (C$-2.05M or -98%). In December 2022, the increase in Canada's year-by-year imports from Brazil was explained primarily by an increase in product imports in Aluminium Oxide (C$72.9M or 74.8%), Raw Sugar (C$22.5M or 151%), and Large Construction Vehicles (C$4.72M or 23%).
Canada / Brazil 
