Overview In January 2023 São Paulo exported $4.77B and imported $6.14B, resulting in a negative trade balance of $1.37B. Between January 2022 and January 2023 the exports of São Paulo have increased by $795M (20%) from $3.97B to $4.77B, while imports increased by $825M (15.5%) from $5.32B to $6.14B.
Trade In January 2023, the top exports of São Paulo were Refined Petroleum ($463M), Raw Sugar ($415M), Large Construction Vehicles ($227M), Cars ($204M), and Frozen Bovine Meat ($187M). In January 2023 the top imports of São Paulo were Motor vehicles; parts and accessories (8701... ($279M), Pesticides ($233M), Telephones ($231M), Refined Petroleum ($223M), and Nitrogen Heterocyclic Compounds ($207M).
Destinations In January 2023, São Paulo exported mostly to United States ($805M), Argentina ($485M), China ($458M), Singapore ($301M), and Chile ($215M), and imported mostly from China ($1.42B), United States ($980M), Germany ($565M), India ($229M), and Mexico ($215M).
Growth In January 2023, the increase in São Paulo's year-by-year exports was explained primarily by an increase in exports to United States ($183M or 44.3%), China ($139M or 51%), and India ($101M or 165%), and product exports increase in Crude Petroleum ($238M or 167%), Refined Petroleum ($76.3M or 43.8%), and Sulfate Chemical Woodpulp ($63.3M or 152%). In January 2023, the increase in São Paulo's year-by-year imports was explained primarily by an increase in imports from China ($297M or 27.1%), United States ($134M or 17.4%), and Germany ($25.8M or 6.35%), and product imports increase in Other Organo-Inorganic Compounds ($71.1M or 317%), Refined Petroleum ($67.3M or 109%), and Semiconductor Devices ($36.7M or 73.1%).