Overview In September 2022 Brazil's Crude Petroleum exports accounted up to $3.5B and imports accounted up to $1.04B, resulting in a positive trade balance of $2.46B. Between September 2021 and September 2022 the exports of Brazil's Crude Petroleum have increased by $1.02B (40.9%) from $2.49B to $3.5B, while imports increased by $686M (193%) from $356M to $1.04B.
Destinations In September 2022, Crude Petroleum were exported mostly to China ($1.07B), United States ($674M), Portugal ($354M), Spain ($240M), and Chile ($190M), and were imported mostly from Saudi Arabia ($414M), Republic of the Congo ($138M), Angola ($133M), United States ($105M), and Guyana ($89.3M).
Growth In September 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 September 2022, the increase in Crude Petroleum's year-by-year imports was explained primarily by an increase in imports from .