Overview In January 2023, Japan exported ¥37.8B and imported ¥134B from Brazil, resulting in a negative trade balance of ¥96.6B. Between January 2022 and January 2023 the exports of Japan have decreased by ¥-1.03B (-2.65%) from ¥38.8B to ¥37.8B, while imports increased by ¥32.1B (31.3%) from ¥102B to ¥134B.
Trade In January 2023, the top exports of Japan to Brazil were Motor vehicles; parts and accessories (8701... (¥9.43B), Asphalt Mixtures (¥2.68B), Machinery Having Individual Functions (¥1.99B), Commodities not elsewhere specified (¥1.28B), and Engine Parts (¥1.02B). In January 2023 the top imports of Japan from Brazil were Iron Ore (¥53.7B), Poultry Meat (¥11.1B), Corn (¥5.46B), Raw Aluminium (¥4.51B), and Alcohol > 80% ABV (¥4.31B).
Origins In January 2023 the exports of Japan were mainly from Aichi (¥16.3B), Fukuoka (¥3.64B), Hyōgo (¥3.19B), Kanagawa (¥2.72B), and Tokyo (¥2.52B), while imports destinations were mainly Okayama (¥14.7B), Kanagawa (¥14.2B), Ibaraki (¥12.4B), Chiba (¥10.9B), and Hyōgo (¥9.91B).
Growth In January 2023, the decrease in Japan's year-by-year exports to Brazil was explained primarily by an decrease in product exports in Electrical Control Boards (¥-403M or -83.8%), Packaged Medicaments (¥-337M or -65.3%), and Iron Pipes (¥-312M or -93.3%). In January 2023, the increase in Japan's year-by-year imports from Brazil was explained primarily by an increase in product imports in Iron Ore (¥28.8B or 115%), Poultry Meat (¥5.12B or 85.6%), and Raw Aluminium (¥2.09B or 86.1%).