Monday, January 10, 2011

Brazil Trade, Exports and Imports

Brazil’s trade shows a decline of about 20% in exports and imports in 2009 to an estimated $159 billion. Brazilian imports were worth $136 billion from the rest of the world in 2009, down 21.4% from the 2008 estimates. Brazil’s overall trade surplus was $22.9 billion in 2009, down 7.7% from the 2008 estimates. The value of Brazil’s exports to the US fell by 34.1% to $20.1 billion in 2009. Brazil imported $26.2 billion worth of merchandise from the US in 2009, down 19% from $32.3 billion in 2008. Brazil’s trade deficit with the US tripled to $6.1 billion in 2009, from $1.8 billion in 2008.





The following table shows Brazil’s exports to the US for some commodities and the gain/loss percentage in 2009, compared to 2008.


Commodity


   
Export Worth


   
Gain/Loss Percentage



Crude Oil
   

$5.8 billion
   

-26.2%

Fuel oil
   

$726.3 million
   

31.9%

Civilian aircrafts
   

$664.8 million
   

-69.9%

Pulpwood
   

$521.1 million
   

-39.2%

Automotive parts
   

$420.9 million
   

-38.1%

Industrial engines
   

$409.4 million
   

-41%

Industrial organic chemicals
   

$390 million
   

-14%

Green coffee
   

$739.1 million
   

2%

Steelmaking materials
   

$586.9 million
   

-76.4%




Brazil Trade: Exports and Imports

The primary export commodities from Brazil include transportation equipment, iron ore, soybeans, footwear and coffee. The following chart shows the distribution of its main export partners (in percentages).





Brazil's export



The primary export commodities to Brazil include machinery, chemicals, oil, automotive equipments and parts, and electronics. The following chart shows the distribution of its main import partners (in percentages).





Brazil's Import

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