Overview In April 2023 Brazil exported $27.4B and imported $19.1B, resulting in a positive trade balance of $8.22B. Between April 2022 and April 2023 the exports of Brazil have decreased by $-1.61B (-5.55%) from $29B to $27.4B, while imports decreased by $-1.6B (-7.73%) from $20.7B to $19.1B.
Trade In April 2023, the top exports of Brazil were Soybeans ($7.75B), Crude Petroleum ($2.58B), Iron Ore ($2.17B), Soybean Meal ($893M), and Poultry Meat ($772M). In April 2023 the top imports of Brazil were Refined Petroleum ($1.08B), Crude Petroleum ($957M), Motor vehicles; parts and accessories (8701... ($617M), Vaccines, blood, antisera, toxins and cultures ($549M), and Potassic Fertilizers ($501M).
Origins In April 2023 the exports of Brazil were mainly from São Paulo ($5.05B), Minas Gerais ($2.95B), Mato Grosso ($2.88B), Não Declarada ($2.79B), and Paraná ($2.11B), while imports destinations were mainly São Paulo ($5.89B), Santa Catarina ($2.3B), Rio de Janeiro ($2.07B), Paraná ($1.47B), and Minas Gerais ($1.25B).
Destinations In April 2023, Brazil exported mostly to China ($9.25B), United States ($2.57B), Argentina ($1.66B), Netherlands ($908M), and Mexico ($860M), and imported mostly from China ($3.88B), United States ($3.26B), Germany ($947M), Argentina ($889M), and Russia ($719M).
Growth In April 2023, the decrease in Brazil's year-by-year exports was explained primarily by an decrease in exports to Spain ($-368M or -46.8%), United States ($-366M or -12.5%), and Pakistan ($-229M or -87%), and product exports decrease in Refined Petroleum ($-591M or -47.9%), Crude Petroleum ($-445M or -14.7%), and Frozen Bovine Meat ($-425M or -47.6%). In April 2023, the decrease in Brazil's year-by-year imports was explained primarily by an decrease in imports from United States ($-1.12B or -25.5%), Australia ($-174M or -68.2%), and Saudi Arabia ($-168M or -32.8%), and product imports decrease in Refined Petroleum ($-1.18B or -52.1%), Potassic Fertilizers ($-368M or -42.3%), and Nitrogenous Fertilizers ($-177M or -42.6%).