Crude Petroleum in   Brazil

Overview In August 2024 Brazil's Crude Petroleum exports accounted up to $3.68B and imports accounted up to $604M, resulting in a positive trade balance of $3.08B. Between August 2023 and August 2024 the exports of Brazil's   Crude Petroleum have decreased by $-204M (-5.25%) from $3.89B to $3.68B, while imports decreased by $-151M (-20%) from $755M to $604M.

Destinations In August 2024, Crude Petroleum were exported mostly to China ($1.47B), United States ($571M), Portugal ($453M), Spain ($430M), and Netherlands ($272M), and were imported mostly from Saudi Arabia ($283M), United States ($140M), Angola ($78.5M), Algeria ($63.1M), and Argentina ($32.5M).

Growth In August 2024, the decrease in Crude Petroleum's year-by-year exports was explained primarily by a decrease in exports to India ($-104M or -76.7%), South Korea ($-89.9M or -55.9%), and Chile ($-57.1M or -27.7%). In August 2024, the decrease in Crude Petroleum's year-by-year imports was explained primarily by a decrease in imports from Saudi Arabia ($-86.4M or -34.6%), United States ($-51.4M or -43.4%), and Republic of the Congo ($-9.62M or -11.8%).