Brazil / Bangladesh

Overview In December 2024, Brazil exported $149M and imported $23.2M from Bangladesh, resulting in a positive trade balance of $126M. Between December 2023 and December 2024 the exports of Brazil have decreased by $-52.7M (-26.1%) from $202M to $149M, while imports increased by $8.27M (55.3%) from $15M to $23.2M.

Trade In December 2024, the top exports of Brazil to Bangladesh were Raw Sugar ($84.7M), Raw Cotton ($57.7M), Soybean Meal ($26.9M), Soybeans ($5.2M), and Scrap Iron ($4.2M). In December 2024 the top imports of Brazil from Bangladesh were Knit Sweaters ($5.36M), Non-Knit Men's Suits ($3.1M), Non-Knit Men's Shirts ($2.36M), Knit Women's Shirts ($2.25M), and Knit T-shirts ($2.09M).

Origins In December 2024 the exports of Brazil were mainly from Mato Grosso ($66.2M), São Paulo ($32.6M), Paraná ($15M), Bahia ($10.4M), and Goiás ($5.32M), while imports destinations were mainly Santa Catarina ($12.4M), São Paulo ($6.71M), Pará ($1.1M), Espírito Santo ($952k), and Minas Gerais ($782k).

Growth In December 2024, the decrease in Brazil's year-by-year exports to Bangladesh was explained primarily by an decrease in product exports in Soybean Oil ($-30.6M or -99%), Artificial Filament Tow ($-2.02M or -89.8%), and Animal Food ($-19.2k or -11%). In December 2024, the increase in Brazil's year-by-year imports  from Bangladesh was explained primarily by an increase in product imports  in Non-Knit Men's Shirts ($876k or 59.1%), Knit Women's Shirts ($633k or 39.1%), and Non-Knit Men's Suits ($575k or 22.8%).