India / Brazil

Overview In July 2024, India exported $575M and imported $378M from Brazil, resulting in a positive trade balance of $197M. Between July 2023 and July 2024 the exports of India have decreased by $-31.6M (-5.22%) from $606M to $575M, while imports decreased by $-231M (-38%) from $609M to $378M.

Trade In July 2024, the top exports of India to Brazil were Petroleum Products ($188M), Agro Chemicals ($73.2M), Drug Formulations, Biologicals ($37.5M), Auto Components/Parts ($27.8M), and Residul Chemicl And Alled Prod ($15M). In July 2024 the top imports of India from Brazil were Vegetable Oils ($225M), Petroleum: Crude ($150M), Sugar ($38.2M), Iron Ore ($26.1M), and Alcoholic Beverages ($20.2M).

Growth In July 2024, the decrease in India's year-by-year exports to Brazil was explained primarily by an decrease in product exports in Agro Chemicals ($-45.5M or -38.3%), Petroleum Products ($-18.2M or -8.82%), and Indl. Machnry For Dairy Etc ($-7.5M or -36%). In July 2024, the decrease in India's year-by-year imports  from Brazil was explained primarily by an decrease in product imports  in Gold ($-44.5M or -75.5%), Pulses ($-9.01M or -47.9%), and Iron And Steel ($-8.53M or -39.8%).