Overview In March 2022 Brazil's Crude Petroleum exports accounted up to $3.09B and imports accounted up to $759M, resulting in a positive trade balance of $2.33B. Between March 2021 and March 2022 the exports of Brazil's Crude Petroleum have increased by $432M (16.3%) from $2.66B to $3.09B, while imports increased by $512M (207%) from $247M to $759M.
Destinations In March 2022, Crude Petroleum were exported mostly to China ($1.14B), Israel ($274M), Chile ($272M), Spain ($260M), and Singapore ($193M), and were imported mostly from Saudi Arabia ($505M), United States ($119M), Guyana ($70.3M), Nigeria ($64.8M), and Bolivia ($130k).
Growth In March 2022, the increase in Crude Petroleum's year-by-year exports was explained primarily by an increase in exports to China ($143M or 16.2%), Chile ($106M or 170%), and Singapore ($7.05M or 18.1%). In March 2022, the increase in Crude Petroleum's year-by-year imports was explained primarily by an increase in imports from .