Mato Grosso

Overview In September 2024 Mato Grosso exported $1.73B and imported $281M, resulting in a positive trade balance of $1.45B. Between September 2023 and September 2024 the exports of Mato Grosso have decreased by $-344M (-16.6%) from $2.07B to $1.73B, while imports decreased by $-58.5M (-17.2%) from $340M to $281M.

Trade In September 2024, the top exports of Mato Grosso were Corn ($767M), Soybean Meal ($270M), Frozen Bovine Meat ($196M), Raw Cotton ($162M), and Soybeans ($106M). In September 2024 the top imports of Mato Grosso were Nitrogenous Fertilizers ($101M), Pesticides ($58.6M), Mixed Mineral or Chemical Fertilizers ($43.3M), Potassic Fertilizers ($31.1M), and Phosphatic Fertilizers ($19.1M).

Destinations In September 2024, Mato Grosso exported mostly to China ($234M), Vietnam ($173M), Egypt ($126M), Japan ($115M), and South Korea ($87.9M), and imported mostly from China ($91.9M), Russia ($44M), United States ($32.5M), Israel ($18.8M), and Qatar ($13.9M).

Growth In September 2024, the decrease in Mato Grosso's year-by-year exports was explained primarily by an decrease in exports to China ($-524M or -69.1%), Italy ($-33.9M or -65.9%), and Mexico ($-30.7M or -82.9%), and product exports decrease in Soybeans ($-208M or -66.2%), Corn ($-145M or -15.9%), and Soybean Oil ($-40.3M or -90.2%). In September 2024, the decrease in Mato Grosso's year-by-year imports was explained primarily by an decrease in imports from Oman ($-20.1M or -99.8%), China ($-18.8M or -17%), and Morocco ($-15.4M or -73.8%), and product imports decrease in Pesticides ($-39.6M or -40.3%), Potassic Fertilizers ($-26.4M or -45.9%), and Petroleum Gas ($-1.15M or -78.5%).