Bahia

Overview In November 2024 Bahia exported $862M and imported $789M, resulting in a positive trade balance of $72.5M. Between November 2023 and November 2024 the exports of Bahia have decreased by $-167M (-16.2%) from $1.03B to $862M, while imports increased by $205M (35.2%) from $584M to $789M.

Trade In November 2024, the top exports of Bahia were Soybeans ($243M), Raw Cotton ($102M), Sulfate Chemical Woodpulp ($77.8M), Gold ($77.3M), and Refined Petroleum ($42.5M). In November 2024 the top imports of Bahia were Crude Petroleum ($326M), Refined Petroleum ($86.3M), Petroleum Gas ($35.8M), Mixed Mineral or Chemical Fertilizers ($21.1M), and Semiconductor Devices ($19.8M).

Destinations In November 2024, Bahia exported mostly to China ($306M), Canada ($85.7M), United States ($61.9M), Netherlands ($53.2M), and Argentina ($50M), and imported mostly from United States ($156M), China ($126M), Gabon ($91.9M), Angola ($72.8M), and Democratic Republic of the Congo ($67.5M).

Growth In November 2024, the decrease in Bahia's year-by-year exports was explained primarily by an decrease in exports to Singapore ($-112M or -99.6%), China ($-64.5M or -17.4%), and Germany ($-46.2M or -64.9%), and product exports decrease in Refined Petroleum ($-75.9M or -64.1%), Soybean Meal ($-29.1M or -62.3%), and Raw Cotton ($-13.6M or -11.8%). In November 2024, the increase in Bahia's year-by-year imports was explained primarily by an increase in imports from China ($61M or 93.8%), United States ($51.8M or 49.8%), and Cote d'Ivoire ($40.4M or 3.61k%), and product imports increase in Crude Petroleum ($162M or 99.1%), Electric Motors ($14.4M or 427%), and Phosphatic Fertilizers ($12.9M or 410%).