1.  Overview the trade of BRAZIL in goods current year until 202411

According to Dalian Infobank, in 202411, BRAZIL's exports and imports of goods amounted to 50400.9649 million, and were up 5.24% comparing with the same period of last year. Among these, exports were up 0.51% at 28021.2407 million, and imports were up 11.81% at 22379.7242 million. And the corresponding trade surplus was 5641.5166 million and down 28.25%.

During the current year until 202411, BRAZIL's total exports and imports of goods were 568447.7389 million and were up 4.66% comparing to the same period of last year. Among these, exports were 312271.2366 million and up 0.46%; imports were 256176.5024 million and up 10.29%. The total trade surplus was 56094.7342 million and down 28.59%.

If considering by country (region), CHINA, UNITED STATES, ARGENTINA, GERMANY, SPAIN were BRAZIL's top five trading partners. During the current year until 202411, BRAZIL's imports and exports to five countries/territories were 152918.2644 million, 75614.9373 million, 25282.3089 million, 18511.0567 million, 13230.5761 million. These values correspond to 26.90%, 13.30%, 4.45%, 3.26%, 2.33% of BRAZIL's imports and exports, and, respectively, were up 4.33%, up 7.95%, down 7.67%, up 3.82%, up 20.42% comparing to the same period of last year.

Current year until 202411, BRAZIL and the top five trade partners CHINA, UNITED STATES, ARGENTINA, NETHERLANDS, SPAIN are the top five countries/territories that BRAZIL exports to in terms of the total export amount. During the current year until 202411, BRAZIL's exports to these five countries/territories were 89410.2816 million, 36570.3552 million, 12483.9428 million, 10836.5360 million, 9363.7094 million. These values correspond to 28.63%, 11.71%, 4.00%, 3.47%, 3.00% of BRAZIL's exports and, respectively, were down 6.34%, up 9.30%, down 21.39%, down 3.18%, up 31.93% comparing with the same period of last year.

Current year until 202411, 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 202411, BRAZIL's imports from these five countries/territories were 63507.9829 million, 39044.5821 million, 13043.1202 million, 12798.3661 million, 11443.5261 million. These values correspond to 24.79%, 15.24%, 5.09%, 5.00%, 4.47% of BRAZIL's total imports and, respectively, were up 24.27%, up 6.71%, up 3.45%, up 11.28%, up 21.15% comparing with the same period of last year.

During the current year until 202411, the trade surplus of BRAZIL was mainly from CHINA, NETHERLANDS, SINGAPORE, SPAIN, UNITED ARAB EMIRATES at 25902.2987 million, 8583.6689 million, 6596.5675 million, 5496.8428 million, 3406.0371 million, and down 41.61%, up 1.74%, up 8.38%, up 71.40%, up 118.79%. And the trade deficits were mainly from RUSSIA, GERMANY, FRANCE, UNITED STATES, INDIA at 10094.1818 million, 7575.1837 million, 3002.1118 million, 2474.2269 million, 1909.7542 million, and up 23.62%, up 2.55%, up 13.18%, down 20.91%, down 24.94%.

Current year until 202411, BRAZIL's trade surplus or deficit with top five countries/territories During the current year until 202411,  commodities with hs2 codes, 27, 84, 12, 85, 87, were BRAZIL's top five traded commodities. They correspond to the import and export values of 88724.7811 million, 50937.5510 million, 43489.6229 million, 34327.0529 million, 33067.3343 million, which were up 2.64%, up 10.88%, down 16.82%, up 8.68%, up 12.84% comparing with the same period of last year and account for 15.61%, 8.96%, 7.65%, 6.04%, 5.82% of BRAZIL's total imports and exports.

During the current year until 202411, 27, 12, 26, 02, 17 were BRAZIL's top five traded commodities, with total import and export values of 54304.9182 million, 42864.0155 million, 32274.3252 million, 22441.7690 million, 17468.9640 million. These values correspond to 17.39%, 13.73%, 10.34%, 7.19%, 5.59% of BRAZIL's total exports and, respectively, were up 7.38%, down 17.54%, up 4.09%, up 12.15%, up 25.46% comparing to the same period of last year.

During the current year until 202411, 84, 27, 85, 87, 31 were BRAZIL's top five traded commodities, with total import values of 39075.1517 million, 34419.8629 million, 29973.1180 million, 22296.9671 million, 13966.0110 million. These values correspond to 15.25%, 13.44%, 11.70%, 8.70%, 5.45% of BRAZIL's total exports and, respectively, were up 18.62%, down 4.04%, up 9.23%, up 26.95%, down 4.85% comparing to the same period of last year.

2. Current year until 202411, BRAZIL binational trade profile

According to Dalian Infobank, during the current year until 202411, BRAZIL-China binational exports and imports of goods amounted to 152918.2644 million and were up 4.33% comparing with the same period of last year. Among these, exports from BRAZIL to China were 89410.2816 million and down 6.34%, imports from China to BRAZIL were 63507.9829 million and up 24.27%. The total binational trade surplus was 25902.2987 million and down 41.61%.

During the urrent year until 202411, 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 30915.0933 million, 20137.4937 million, 19777.7316 million, 16360.0437 million, 10958.2371 million and makes up 20.22%, 13.17%, 12.93%, 10.70%, 7.17% of the total binational imports and exports. These values were also down 16.97%, up 4.16%, up 9.34%, up 9.66%, up 34.76% comparing to the same period last year.

During the current year until 202411, 12, 27, 26, 02, 47 were the top five traded commodities exported to China from BRAZIL, with export values of 30871.8226 million, 19935.8699 million, 19776.0103 million, 7066.6555 million, 4131.6969 million. These values account for 34.53%, 22.30%, 22.12%, 7.90%, 4.62% of BRAZIL's total exports and were down 17.03%, up 7.00%, up 9.68%, down 6.97%, up 21.09% comparing to the same period of last year.

During the current year until 202411, 85, 84, 87, 29, 39 were BRAZIL's top five traded commodities importing from China , with import values of 16289.4669 million, 10811.0369 million, 5885.2182 million, 4844.1011 million, 2399.2255 million. These values account for 25.65%, 17.02%, 9.27%, 7.63%, 3.78% of BRAZIL's total imports and were up 9.66%, up 37.66%, up 122.78%, up 8.47%, up 36.23% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: SECEX – Foreign Trade Secretariat