Overview: In September 2020 Brazil exported $18.5B and imported $12.3B, resulting in a positive trade balance of $6.16B. Between September 2019 and September 2020 the exports of Brazil have decreased by $-1.84B (-9.06%) from $20.3B to $18.5B, while imports decreased by $-4.2B (-25.5%) from $16.5B to $12.3B.
Trade: In September 2020, the top exports of Brazil were Iron Ore ($3.09B), Soybeans ($1.64B), Crude Petroleum ($1.46B), Corn ($1.09B), and Raw Sugar ($1.01B). In September 2020 the top imports of Brazil were Refined Petroleum ($589M), Integrated Circuits ($437M), Pesticides ($408M), Telephones ($404M), and Nitrogen Heterocyclic Compounds ($310M).
Origins: In September 2020 the exports of Brazil were mainly from São Paulo ($3.62B), Minas Gerais ($2.49B), Pará ($2.12B), Paraná ($1.51B), and Rio de Janeiro ($1.46B), while imports destinations were mainly São Paulo ($4.12B), Santa Catarina ($1.4B), Rio de Janeiro ($1.08B), Paraná ($922M), and Amazonas ($921M).
Destinations: In September 2020, Brazil exported mostly to China ($6.1B), United States ($1.74B), Argentina ($818M), Netherlands ($572M), and Spain ($529M), and imported mostly from China ($2.84B), United States ($1.81B), Argentina ($711M), Germany ($673M), and India ($380M).
Growth: In September 2020, the decrease in Brazil's year-by-year exports was explained primarily by an decrease in exports to Netherlands ($-1.83B or -76.1%), United States ($-547M or -23.9%), and Mexico ($-131M or -26.3%), and product exports decrease in Special Purpose Ships ($-1.5B or -99.9%), Crude Petroleum ($-630M or -30.1%), and Refined Petroleum ($-242M or -52.2%). In September 2020, the decrease in Brazil's year-by-year imports was explained primarily by an decrease in imports from Brazil ($-2.24B or -97%), United States ($-656M or -26.6%), and Germany ($-243M or -26.6%), and product imports decrease in Special Purpose Ships ($-1.56B or -91.5%), Refined Petroleum ($-563M or -48.9%), and Flexible Metal Tubing ($-392M or -87.7%).