1.  Overview the trade of BRAZIL in goods current year until 202308

According to Dalian Infobank, in 202308, BRAZIL's exports and imports of goods amounted to 53412.1554 million, and were down 10.02% comparing with the same period of last year. Among these, exports were up 0.67% at 30993.6169 million, and imports were down 21.53% at 22418.5385 million. And the corresponding trade surplus was 8575.0784 million and up 287.00%.

During the current year until 202308, BRAZIL's total exports and imports of goods were 394933.5448 million and were down 5.69% comparing to the same period of last year. Among these, exports were 224577.9515 million and down 0.05%; imports were 170355.5934 million and down 12.21%. The total trade surplus was 54222.3581 million and up 76.86%.

If considering by country (region), CHINA, UNITED STATES, ARGENTINA, GERMANY, MEXICO were BRAZIL's top five trading partners. During the current year until 202308, BRAZIL's imports and exports to five countries/territories were 104472.2310 million, 51112.0211 million, 20844.5885 million, 13295.1099 million, 9715.5523 million. These values correspond to 26.45%, 12.94%, 5.28%, 3.37%, 2.46% of BRAZIL's imports and exports, and, respectively, were down 2.60%, down 16.41%, up 8.16%, up 3.42%, up 21.98% comparing to the same period of last year.

Current year until 202308, BRAZIL and the top five trade partners CHINA, UNITED STATES, ARGENTINA, NETHERLANDS, MEXICO are the top five countries/territories that BRAZIL exports to in terms of the total export amount. During the current year until 202308, BRAZIL's exports to these five countries/territories were 67882.5536 million, 23637.9010 million, 12479.6972 million, 7589.7885 million, 5940.1397 million. These values correspond to 30.23%, 10.53%, 5.56%, 3.38%, 2.65% of BRAZIL's exports and, respectively, were up 7.95%, down 3.46%, up 19.74%, down 4.15%, up 31.01% comparing with the same period of last year.

Current year until 202308, BRAZIL's exports to top five countries/territories CHINA, UNITED STATES, GERMANY, ARGENTINA, RUSSIA are the top five countries/territories that BRAZIL imports from in terms of the total export amount. During the current year until 202308, BRAZIL's imports from these five countries/territories were 36589.6774 million, 27474.1201 million, 9441.1146 million, 8364.8913 million, 6439.0448 million. These values correspond to 21.48%, 16.13%, 5.54%, 4.91%, 3.78% of BRAZIL's total imports and, respectively, were down 17.55%, down 25.06%, up 8.37%, down 5.48%, up 0.93% comparing with the same period of last year.

During the current year until 202308, the trade surplus of BRAZIL was mainly from CHINA, NETHERLANDS, SINGAPORE, ARGENTINA, CHILE at 31292.8763 million, 5505.5350 million, 4988.6775 million, 4114.8059 million, 2481.6958 million, and up 69.14%, down 13.49%, down 5.99%, up 161.74%, down 10.51%. And the trade deficits were mainly from GERMANY, RUSSIA, UNITED STATES, INDIA, FRANCE at 5587.1193 million, 5428.8962 million, 3836.2191 million, 2113.7257 million, 2108.1206 million, and up 22.30%, up 6.39%, down 68.50%, up 3.14%, up 58.23%.

Current year until 202308, BRAZIL's trade surplus or deficit with top five countries/territories During the current year until 202308,  commodities with hs2 codes, 27, 12, 84, 85, 26, were BRAZIL's top five traded commodities. They correspond to the import and export values of 60669.8019 million, 43023.9646 million, 33503.1001 million, 23366.9530 million, 22189.4398 million, which were down 13.99%, up 8.59%, up 5.02%, down 7.99%, down 4.18% comparing with the same period of last year and account for 15.36%, 10.89%, 8.48%, 5.92%, 5.62% of BRAZIL's total imports and exports.

During the current year until 202308, 12, 27, 26, 02, 72 were BRAZIL's top five traded commodities, with total import and export values of 42817.9400 million, 34109.5829 million, 21562.9647 million, 14615.9743 million, 10253.1097 million. These values correspond to 19.07%, 15.19%, 9.60%, 6.51%, 4.57% of BRAZIL's total exports and, respectively, were up 8.99%, down 6.53%, down 3.98%, down 8.52%, down 13.50% comparing to the same period of last year.

During the current year until 202308, 27, 84, 85, 87, 31 were BRAZIL's top five traded commodities, with total import values of 26560.2190 million, 24067.8992 million, 20394.7163 million, 12330.3541 million, 10434.3149 million. These values correspond to 15.59%, 14.13%, 11.97%, 7.24%, 6.13% of BRAZIL's total exports and, respectively, were down 21.98%, up 1.34%, down 9.65%, up 11.22%, down 47.98% comparing to the same period of last year.

2. Current year until 202308, BRAZIL binational trade profile

According to Dalian Infobank, during the current year until 202308, BRAZIL-China binational exports and imports of goods amounted to 104472.2310 million and were down 2.60% comparing with the same period of last year. Among these, exports from BRAZIL to China were 67882.5536 million and up 7.95%, imports from China to BRAZIL were 36589.6774 million and down 17.55%. The total binational trade surplus was 31292.8763 million and up 69.14%.

During the urrent year until 202308, commodities with hs2 code, 12, 27, 26, 85, 84, were binational trade's top five traded commodities. They correspond to import and export values of 29674.3765 million, 12849.2780 million, 12341.1851 million, 11016.3134 million, 5851.3813 million and makes up 28.40%, 12.30%, 11.81%, 10.54%, 5.60% of the total binational imports and exports. These values were also up 12.73%, up 17.15%, down 3.56%, down 15.56%, down 12.09% comparing to the same period last year.

During the current year until 202308, 12, 26, 27, 02, 47 were the top five traded commodities exported to China from BRAZIL, with export values of 29654.8968 million, 12282.4090 million, 12263.7873 million, 5466.7868 million, 2565.0868 million. These values account for 43.69%, 18.09%, 18.07%, 8.05%, 3.78% of BRAZIL's total exports and were up 12.72%, down 4.00%, up 19.65%, down 19.54%, up 30.72% comparing to the same period of last year.

During the current year until 202308, 85, 84, 29, 87, 72 were BRAZIL's top five traded commodities importing from China , with import values of 10962.7981 million, 5670.7269 million, 3455.9304 million, 1714.2911 million, 1592.8395 million. These values account for 29.96%, 15.50%, 9.45%, 4.69%, 4.35% of BRAZIL's total imports and were down 15.23%, down 11.84%, down 35.86%, up 20.34%, up 3.56% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: SECEX – Foreign Trade Secretariat