Brazil / Serbia

Overview In December 2024, Brazil exported $4.14M and imported $4.15M from Serbia, resulting in a negative trade balance of $16k. Between December 2023 and December 2024 the exports of Brazil have increased by $2.04M (97.3%) from $2.1M to $4.14M, while imports increased by $1.63M (64.4%) from $2.53M to $4.15M.

Trade In December 2024, the top exports of Brazil to Serbia were Coffee and Tea Extracts ($1.45M), Frozen Bovine Meat ($539k), Poultry Meat ($135k), Leather Footwear ($88.4k), and Rubber Footwear ($86k). In December 2024 the top imports of Brazil from Serbia were Air Pumps ($380k), Plastic Pipes ($345k), Medical Instruments ($195k), Liquid Dispersing Machines ($150k), and Animal Food ($148k).

Origins In December 2024 the exports of Brazil were mainly from São Paulo ($2.55M), Rio Grande do Sul ($826k), Pernambuco ($294k), Minas Gerais ($254k), and Tocantins ($74.9k), while imports destinations were mainly Santa Catarina ($1.94M), Paraná ($1.06M), São Paulo ($784k), Rio de Janeiro ($184k), and Minas Gerais ($59.7k).

Growth In December 2024, the increase in Brazil's year-by-year exports to Serbia was explained primarily by an increase in product exports in Coffee and Tea Extracts ($956k or 193%), Frozen Bovine Meat ($234k or 76.6%), and Trunks and Cases ($37k or 239%). In December 2024, the increase in Brazil's year-by-year imports  from Serbia was explained primarily by an increase in product imports  in Air Pumps ($258k or 213%), Liquid Dispersing Machines ($106k or 241%), and Electrical Lighting and Signalling Equipment ($89.3k or 3.51k%).