Overview: In June 2020 Brazil exported $17.9B and imported $10.4B, resulting in a positive trade balance of $7.46B. Between June 2019 and June 2020 the exports of Brazil have decreased by $-494M (-2.68%) from $18.4B to $17.9B, while imports decreased by $-2.58B (-19.8%) from $13B to $10.4B.
Trade: In June 2020 the top exports of Brazil were Soybeans ($4.67B), Iron Ore ($1.88B), Crude Petroleum ($1.09B), Raw Sugar ($811M), and Frozen Bovine Meat ($609M). In June 2020 the top imports of Brazil were Crude Petroleum ($485M), Pesticides ($378M), Refined Petroleum ($333M), Telephones ($329M), and Blood, antisera, vaccines, toxins and cultures ($323M).
Origins: In June 2020 the exports of Brazil were mainly from São Paulo ($3.05B), Minas Gerais ($2.08B), Mato Grosso ($1.64B), Pará ($1.5B), and Paraná ($1.35B), while imports destinations were mainly São Paulo ($3.76B), Rio de Janeiro ($1.04B), Santa Catarina ($882M), Paraná ($709M), and Rio Grande do Sul ($655M).
Destinations: In June 2020 Brazil exported mostly to China ($7.16B), United States ($1.52B), Netherlands ($708M), Argentina ($604M), and Indonesia ($328M), and imported mostly from China ($2.34B), United States ($1.61B), Germany ($624M), Argentina ($501M), and South Korea ($261M).
Growth: In June 2020, the decrease in Brazil's year-by-year exports was explained primarily by a decrease in exports to United States ($-912M or -37.5%), Chile ($-277M or -55.5%), and Argentina ($-269M or -30.8%), and product exports decrease in Crude Petroleum ($-486M or -30.7%), Poultry Meat ($-193M or -32.2%), and Iron Ore ($-179M or -8.66%). In June 2020, the decrease in Brazil's year-by-year imports was explained primarily by a decrease in imports from United States ($-417M or -20.6%), Argentina ($-327M or -39.5%), and China ($-169M or -6.74%), and product imports decrease in Refined Petroleum ($-434M or -56.6%), Cars ($-196M or -73.2%), and Vehicle Parts ($-171M or -51.4%).