Overview In September 2021 Brazil exported $24.3B and imported $20B, resulting in a positive trade balance of $4.31B. Between September 2020 and September 2021 the exports of Brazil have increased by $6.03B (33.1%) from $18.2B to $24.3B, while imports increased by $7.66B (62.3%) from $12.3B to $20B.
Trade In September 2021, the top exports of Brazil were Iron Ore ($4.07B), Soybeans ($2.46B), Crude Petroleum ($2.37B), Frozen Bovine Meat ($979M), and Raw Sugar ($839M). In September 2021 the top imports of Brazil were Refined Petroleum ($1.1B), Blood, antisera, vaccines, toxins and cultures ($929M), Mixed Mineral or Chemical Fertilizers ($787M), Vehicle Parts ($603M), and Petroleum Gas ($566M).
Origins In September 2021 the exports of Brazil were mainly from São Paulo ($4.98B), Minas Gerais ($3.02B), Pará ($2.78B), Rio de Janeiro ($1.92B), and Rio Grande do Sul ($1.9B), while imports destinations were mainly São Paulo ($5.95B), Santa Catarina ($2.18B), Rio de Janeiro ($2.06B), Paraná ($1.43B), and Rio Grande do Sul ($1.3B).
Destinations In September 2021, Brazil exported mostly to China ($7.15B), United States ($3.09B), Argentina ($988M), Netherlands ($792M), and Chile ($706M), and imported mostly from China ($4.59B), United States ($3.72B), Germany ($1.04B), Argentina ($988M), and Russia ($600M).
Growth In September 2021, the increase in Brazil's year-by-year exports was explained primarily by an increase in exports to United States ($1.35B or 77.3%), China ($1.1B or 18.2%), and Chile ($318M or 82.1%), and product exports increase in Iron Ore ($982M or 31.8%), Soybeans ($900M or 57.8%), and Crude Petroleum ($898M or 61.1%). In September 2021, the increase in Brazil's year-by-year imports was explained primarily by an increase in imports from United States ($1.9B or 105%), China ($1.75B or 61.5%), and Germany ($365M or 54.2%), and product imports increase in Blood, antisera, vaccines, toxins and cultures ($706M or 315%), Refined Petroleum ($508M or 86.2%), and Mixed Mineral or Chemical Fertilizers ($503M or 178%).