Overview: In May 2021 Japan exported ¥33.9B and imported ¥83.4B from Brazil, resulting in a negative trade balance of ¥49.6B. Between May 2020 and May 2021 the exports of Japan have increased by ¥16.4B (94%) from ¥17.5B to ¥33.9B, while imports increased by ¥33.9B (68.6%) from ¥49.5B to ¥83.4B.
Trade: In May 2021, the top exports of Japan to Brazil were Vehicle Parts (¥7.94B), Commodities not elsewhere specified (¥1.34B), Engine Parts (¥1.02B), Rubber Tires (¥909M), and Nucleic Acids (¥904M). In May 2021 the top imports of Japan from Brazil were Iron Ore (¥46.6B), Poultry Meat (¥6.08B), Soybeans (¥5.21B), Coffee (¥3.64B), and Ferroalloys (¥3.38B).
Origins: In May 2021 the exports of Japan were mainly from Aichi (¥14.4B), Hyōgo (¥3.35B), Chiba (¥2.52B), Kanagawa (¥2.49B), and Shizuoka (¥2.24B), while imports destinations were mainly Chiba (¥12.1B), Kanagawa (¥11B), Ibaraki (¥10.8B), Ōita (¥9.23B), and Okayama (¥7.57B).
Growth: In May 2021, the increase in Japan's year-by-year exports to Brazil was explained primarily by an increase in product exports in Vehicle Parts (¥5.83B or 276%), Commodities not elsewhere specified (¥821M or 157%), and Cars (¥618M or 483%). In May 2021, the increase in Japan's year-by-year imports from Brazil was explained primarily by an increase in product imports in Iron Ore (¥26.5B or 132%), Soybeans (¥2.79B or 115%), and Ferroalloys (¥1.81B or 116%).