Overview In March 2022 United States exported $4.33B and imported $3.11B from Brazil, resulting in a positive trade balance of $1.22B. Between March 2021 and March 2022 the exports of United States have increased by $1.1B (34.3%) from $3.22B to $4.33B, while imports increased by $953M (44.2%) from $2.16B to $3.11B.
Trade In March 2022, the top exports of United States to Brazil were Refined Petroleum ($912M), Crude Petroleum ($409M), Aircraft Parts ($337M), Mixed Mineral or Chemical Fertilizers ($137M), and Petroleum Gas ($116M). In March 2022 the top imports of United States from Brazil were Crude Petroleum ($315M), Coffee ($174M), Commodities not elsewhere specified ($152M), Refined Petroleum ($151M), and Semi-Finished Iron ($130M).
Origins In March 2022 the exports of United States were mainly from Texas ($1.51B), Florida ($436M), Louisiana ($377M), Illinois ($220M), and Pennsylvania ($139M), while imports destinations were mainly Texas ($469M), California ($453M), Florida ($337M), Washington ($164M), and Illinois ($147M).
Growth In March 2022, the increase in United States's year-by-year exports to Brazil was explained primarily by an increase in product exports in Petroleum Gas ($90.1M or 226%), Nitrogen Heterocyclic Compounds ($25.2M or 130%), and Mixed Mineral or Chemical Fertilizers ($24.3M or 208%). In March 2022, the increase in United States's year-by-year imports from Brazil was explained primarily by an increase in product imports in Sulfate Chemical Woodpulp ($23.9M or 65.9%), Alcohol > 80% ABV ($17.9M or 222%), and Petroleum Coke ($14.2M or 15.9k%).