Overview In January 2023 Mato Grosso exported $1.72B and imported $202M, resulting in a positive trade balance of $1.52B. Between January 2022 and January 2023 the exports of Mato Grosso have increased by $234M (15.7%) from $1.49B to $1.72B, while imports decreased by $-43M (-17.5%) from $245M to $202M.
Trade In January 2023, the top exports of Mato Grosso were Corn ($820M), Soybean Meal ($291M), Raw Cotton ($186M), Frozen Bovine Meat ($162M), and Gold ($69.8M). In January 2023 the top imports of Mato Grosso were Nitrogenous Fertilizers ($60M), Potassic Fertilizers ($55.3M), Mixed Mineral or Chemical Fertilizers ($26M), Planes, Helicopters, and/or Spacecraft ($16.4M), and Pesticides ($9.43M).
Destinations In January 2023, Mato Grosso exported mostly to China ($343M), Vietnam ($118M), Colombia ($107M), South Korea ($93.8M), and Netherlands ($85.9M), and imported mostly from Russia ($40.9M), China ($30.3M), United States ($24M), Canada ($20.4M), and Israel ($17.7M).
Growth In January 2023, the increase in Mato Grosso's year-by-year exports was explained primarily by an increase in exports to China ($128M or 73.7%), Iran ($75M or 246%), and Egypt ($63.4M or 80.1%), and product exports increase in Soybeans ($265M or 855M%), Corn ($163M or 52.7%), and Soybean Oil ($45.1M or 1.49k%). In January 2023, the decrease in Mato Grosso's year-by-year imports was explained primarily by an decrease in imports from Qatar ($-21.5M or -96.3%), Canada ($-10.1M or -58.1%), and Israel ($-6.34M or -41.1%), and product imports decrease in Potassic Fertilizers ($-17.4M or -29.2%), Centrifuges ($-2.84M or -96.2%), and Petroleum Gas ($-2.64M or -14.5%).