Crude Petroleum in   Brazil

Overview In October 2024 Brazil's Crude Petroleum exports accounted up to $3.77B and imports accounted up to $765M, resulting in a positive trade balance of $3B. Between October 2023 and October 2024 the exports of Brazil's   Crude Petroleum have decreased by $-456M (-10.8%) from $4.23B to $3.77B, while imports decreased by $-371M (-32.6%) from $1.14B to $765M.

Destinations In October 2024, Crude Petroleum were exported mostly to China ($1.44B), United States ($598M), Spain ($483M), Netherlands ($233M), and Portugal ($213M), and were imported mostly from Saudi Arabia ($149M), United States ($145M), Gabon ($92.7M), Guyana ($76.5M), and Angola ($73.2M).

Growth In October 2024, the decrease in Crude Petroleum's year-by-year exports was explained primarily by a decrease in exports to India ($-104M or -76.7%), South Korea ($-89.9M or -55.9%), and Chile ($-57.1M or -27.7%). In October 2024, the decrease in Crude Petroleum's year-by-year imports was explained primarily by a decrease in imports from Saudi Arabia ($-86.4M or -34.6%), United States ($-51.4M or -43.4%), and Republic of the Congo ($-9.62M or -11.8%).