Overview In September 2022 Brazil exported $29B and imported $25B, resulting in a positive trade balance of $3.99B. Between September 2021 and September 2022 the exports of Brazil have increased by $4.58B (18.8%) from $24.4B to $29B, while imports increased by $4.98B (25%) from $20B to $25B.
Trade In September 2022, the top exports of Brazil were Crude Petroleum ($3.5B), Iron Ore ($2.77B), Soybeans ($2.62B), Corn ($1.92B), and Raw Sugar ($1.24B). In September 2022 the top imports of Brazil were Refined Petroleum ($2.67B), Crude Petroleum ($1.04B), Pesticides ($871M), Nitrogenous Fertilizers ($669M), and Potassic Fertilizers ($642M).
Origins In September 2022 the exports of Brazil were mainly from São Paulo ($5.94B), Minas Gerais ($3.41B), Rio de Janeiro ($2.28B), Mato Grosso ($2.05B), and Rio Grande do Sul ($2B), while imports destinations were mainly São Paulo ($7.53B), Santa Catarina ($2.69B), Rio de Janeiro ($2.18B), Paraná ($2.17B), and Minas Gerais ($1.57B).
Destinations In September 2022, Brazil exported mostly to China ($6.86B), United States ($3.42B), Argentina ($1.45B), Netherlands ($1.11B), and Spain ($935M), and imported mostly from China ($5.81B), United States ($4.42B), Argentina ($1.21B), Germany ($1.2B), and India ($1.11B).
Growth In September 2022, the increase in Brazil's year-by-year exports was explained primarily by an increase in exports to China ($473M or 12.9%), Argentina ($166M or 28%), and Indonesia ($163M or 122%), and product exports increase in Iron Ore ($1.06B or 60.8%), Raw Sugar ($138M or 29.3%), and Coffee ($110M or 30.6%). In September 2022, the increase in Brazil's year-by-year imports was explained primarily by an increase in imports from Japan ($330M or 93.3%), Paraguay ($172M or 148%), and Argentina ($133M or 20.1%), and product imports increase in Electricity ($294M or 8.48k%), Motor vehicles; parts and accessories (8701... ($166M or 44.5%), and Gas Turbines ($165M or 166%).