Overview In August 2022, Canada exported C$447M and imported C$584M from Brazil, resulting in a negative trade balance of C$137M. Between August 2021 and August 2022 the exports of Canada have increased by C$226M (103%) from C$221M to C$447M, while imports increased by C$16M (2.81%) from C$568M to C$584M.
Trade In August 2022, the top exports of Canada to Brazil were Potassic Fertilizers (C$351M), Sulphur (C$20.4M), Gas Turbines (C$7.27M), Coke (C$6.78M), and Dried Legumes (C$4.51M). In August 2022 the top imports of Canada from Brazil were Aluminium Oxide (C$162M), Gold (C$131M), Raw Sugar (C$34.7M), Planes, Helicopters, and/or Spacecraft (C$22.6M), and Coffee (C$20.1M).
Origins In August 2022 the exports of Canada were mainly from Saskatchewan (C$356M), Ontario (C$30.4M), Quebec (C$25.6M), Alberta (C$24.9M), and British Columbia (C$5.23M), while imports destinations were mainly Quebec (C$263M), Ontario (C$250M), British Columbia (C$29.6M), Alberta (C$29.6M), and New Brunswick (C$3.7M).
Growth In August 2022, the increase in Canada's year-by-year exports to Brazil was explained primarily by an increase in product exports in Gas Turbines (C$8.84M or 74.6%), Ethylene Polymers (C$3.7M or 375%), and Metalworking Machine Parts (C$1.98M or 1.74k%). In August 2022, the increase in Canada's year-by-year imports from Brazil was explained primarily by an increase in product imports in Gold (C$111M or 75.2%), Packaged Medicaments (C$7.92M or 69.1%), and Large Construction Vehicles (C$6.55M or 46.8%).