Data Insights

Overall, Brazil's trade values showed a positive trend in exports with a total increase of 3.55 billion USD year-on-year, while imports faced a decline of 1.12 billion USD. Month-on-month, both exports and imports increased, indicating a recovery in trade activities despite recent challenges in the cocoa market and trade sanctions on US products.

In the month-on-month analysis, Brazil's total exports increased by 1.69 billion USD, reflecting a growth of approximately 6.87%. Imports also saw a rise of 1.3 billion USD, marking a 6.24% increase. Among the top five countries for imports, South Korea led with a significant increase of 2.46 billion USD (5.07%), while the United States experienced a decline of 279.57 million USD (-9.12%). In exports, China topped the list with an increase of 969.63 million USD (15.51%), while Iran faced the largest drop of 281.29 million USD (-77.53%).

Year-on-year, total exports rose by 3.55 billion USD (15.61%), while imports decreased by 1.12 billion USD (-4.84%). South Korea again led imports with a growth of 2.53 billion USD (6.10%), while China saw a significant drop of 2.48 billion USD (-31.14%). In exports, China also led with an increase of 2.01 billion USD (38.69%), while the United States faced a decline of 644.48 million USD (-20.35%).

Overall, Brazil's trade dynamics show a robust increase in exports both month-on-month and year-on-year, with total exports reaching 26.31 billion USD, up by 1.69 billion USD (6.87%) from the previous month and 3.55 billion USD (15.61%) from the previous year. Imports also increased, totaling 22.1 billion USD, with a month-on-month rise of 1.3 billion USD (6.24%) but a year-on-year decline of 1.12 billion USD (4.84%). The trade balance indicates a positive trend in exports, despite challenges in imports, particularly from key partners like the United States and China.

In the month-on-month analysis, Brazil's total exports increased by 1.69 billion USD, reflecting a growth of approximately 6.87%. Imports also saw a rise of 1.3 billion USD, marking a 6.24% increase. Notably, the top five countries for imports included South Korea, Russia, and Finland, with South Korea leading at 2.95 billion USD, showing a significant increase of 2.46 billion USD (5.07%). Conversely, imports from the United States and China experienced declines of 279.57 million USD and 255.58 million USD, respectively. In exports, China topped the list with 7.22 billion USD, an increase of 969.63 million USD (15.51%). Other notable increases were seen in exports to Singapore and Mexico, while exports to Iran and the United Arab Emirates faced substantial declines.

Year-on-year, total exports rose by 3.55 billion USD, a growth of 15.61%, while imports decreased by 1.12 billion USD, reflecting a decline of 4.84%. The top five countries for imports included South Korea, Canada, and Finland, with South Korea again leading at 2.95 billion USD, up by 2.53 billion USD (6.10%). In contrast, imports from China and the United States saw significant declines of 2.48 billion USD and 549.15 million USD, respectively. On the export side, China remained the largest market with 7.22 billion USD, an increase of 2.01 billion USD (38.69%). Other significant growth was noted in exports to India and the Netherlands, while exports to the United States and Argentina faced notable declines.

In summary, Brazil's trade dynamics show a significant increase in exports both month-on-month and year-on-year, with total exports reaching approximately 31.04 billion USD, up by 2.79 billion USD from the previous month and 6.13 billion USD from the previous year. Imports, however, have decreased month-on-month by 1.03 billion USD, totaling 21.4 billion USD, but increased year-on-year by 1.3 billion USD. The overall trade balance indicates a robust export performance despite the recent sanctions and regulatory discussions surrounding digital assets.

In the month-on-month analysis, Brazil's total exports increased by approximately 2.79 billion USD, reflecting a growth of about 9.87%. Imports, however, saw a decline of 1.03 billion USD, which is a decrease of around 4.57%. **Country Official:** - **Top 3 Imports:** Russia (707.97M USD, +295.48M, +71.63%), India (698.52M USD, +70.65M, +11.25%), South Korea (493.98M USD, +69.92M, +16.49%). - **Bottom 3 Imports:** United States (3.2B USD, -576.07M, -15.26%), China (5.44B USD, -252.79M, -4.44%), Mexico (529.14M USD, -186.11M, -26.02%). - **Top 3 Exports:** United States (3.45B USD, +857.21M, +33.08%), India (952.32M USD, +371.38M, +63.93%), Chile (868.86M USD, +309M, +55.19%). - **Bottom 3 Exports:** China (7.21B USD, -988.8M, -12.06%), Argentina (1.04B USD, -173.19M, -14.26%), Hungary (4.81M USD, -143.08M, -96.75%). **Subnat Geography:** - **Top 3 Imports:** Maranhão (600.77M USD, +184.96M, +44.48%), Rondônia (395.33M USD, +170.38M, +75.74%), Espírito Santo (1.3B USD, +154.57M, +13.43%). - **Bottom 3 Imports:** São Paulo (6.27B USD, -889.19M, -12.42%), Rio de Janeiro (2.02B USD, -445.31M, -18.03%), Rio Grande do Sul (818.21M USD, -261.01M, -24.19%). - **Top 3 Exports:** Não Declarada (2.04B USD, +1.25B, +160.43%), Pará (2.29B USD, +440.5M, +23.78%), Espírito Santo (1.06B USD, +280.48M, +35.80%). - **Bottom 3 Exports:** Bahia (797.9M USD, -194.22M, -19.58%), Minas Gerais (3.98B USD, -76.78M, -1.92%), Rio Grande do Norte (67.76M USD, -69.51M, -50.64%). **HS4 Official:** - **Top 3 Imports:** Electric Generating Sets (145.4M USD, +139M, +21.73%), Planes, Helicopters, and/or Spacecraft (354.18M USD, +118.72M, +50.42%), Machinery Having Individual Functions (216.6M USD, +108.66M, +100.66%). - **Bottom 3 Imports:** Gas Turbines (525.65M USD, -528.03M, -50.11%), Packaged Medicaments (545.44M USD, -183.14M, -25.14%), Computers (221.12M USD, -172.98M, -43.89%). - **Top 3 Exports:** Copper Ore (778.36M USD, +552.87M, +245.18%), Iron Ore (2.93B USD, +371.4M, +14.54%), Crude Petroleum (3.88B USD, +361.52M, +10.26%). - **Bottom 3 Exports:** Soybeans (1.5B USD, -329.84M, -18.05%), Raw Sugar (1.09B USD, -146.89M, -11.87%), Frozen Bovine Meat (1.44B USD, -98.69M, -6.43%).

In the year-on-year analysis, total exports increased by approximately 6.13 billion USD, which is a growth of about 24.63%. Imports also saw an increase of 1.3 billion USD, reflecting a growth of around 6.49%. **Country Official:** - **Top 3 Imports:** China (5.44B USD, +321.09M, +6.27%), Italy (592.21M USD, +138.48M, +30.52%), Finland (165.15M USD, +120.94M, +273.54%). - **Bottom 3 Imports:** Argentina (1.07B USD, -175.82M, -14.12%), Denmark (87.09M USD, -87.4M, -50.09%), Sweden (127.16M USD, -85.82M, -40.29%). - **Top 3 Exports:** China (7.21B USD, +1.95B, +37.16%), Chile (868.86M USD, +441.29M, +103.21%), India (952.32M USD, +401.95M, +73.03%). - **Bottom 3 Exports:** United States (3.45B USD, -274.37M, -7.37%), Argentina (1.04B USD, -253.76M, -19.59%), Iraq (106.95M USD, -117.28M, -52.30%). **Subnat Geography:** - **Top 3 Imports:** São Paulo (6.27B USD, +637.73M, +11.32%), Espírito Santo (1.3B USD, +387.41M, +42.25%), Maranhão (600.77M USD, +281.95M, +88.44%). - **Bottom 3 Imports:** Rio de Janeiro (2.02B USD, -249.68M, -10.98%), Paraíba (46.6M USD, -117.24M, -71.56%), Santa Catarina (2.67B USD, -114.77M, -4.10%). - **Top 3 Exports:** Rio de Janeiro (3.97B USD, +2.68B, +268.49%), Mato Grosso (2.56B USD, +937.43M, +57.64%), Minas Gerais (3.98B USD, +919.7M, +30.03%). - **Bottom 3 Exports:** Não Declarada (2.04B USD, -421.92M, -17.07%), Maranhão (281.93M USD, -151.15M, -34.80%), Roraima (15.62M USD, -46.37M, -748.05%). **HS4 Official:** - **Top 3 Imports:** Refined Petroleum (1.46B USD, +447.39M, +44.27%), Nitrogenous Fertilizers (649.76M USD, +199M, +44.15%), Packaged Medicaments (545.44M USD, +180.19M, +49.33%). - **Bottom 3 Imports:** Gas Turbines (525.65M USD, -283.4M, -35.03%), Steam Boilers (1.26M USD, -96.87M, -98.71%), Surveying Equipment (5.48M USD, -86.38M, -94.03%). - **Top 3 Exports:** Crude Petroleum (3.88B USD, +1.74B, +81.51%), Iron Ore (2.93B USD, +725.57M, +32.99%), Soybeans (1.5B USD, +644.66M, +75.54%). - **Bottom 3 Exports:** Raw Sugar (1.09B USD, -266.34M, -19.63%), Cars (302.07M USD, -134.56M, -30.82%), Sulfate Chemical Woodpulp (770.86M USD, -117.22M, -13.19%).

In summary, Brazil's trade dynamics show a significant increase in exports both month-on-month and year-on-year, with total exports reaching 31.04 billion USD, up 2.79 billion USD from the previous month and 6.13 billion USD from the previous year. Imports, however, have decreased month-on-month by 1.03 billion USD, totaling 21.4 billion USD, but increased year-on-year by 1.3 billion USD. The overall trade balance indicates a robust export performance despite the recent sanctions and regulatory discussions surrounding digital assets.

In the month-on-month analysis, Brazil's total exports increased by approximately 2.79 billion USD, reflecting a growth of about 9.87%. Imports, however, saw a decline of 1.03 billion USD, which is a decrease of around 4.57%. **Country Official:** - **Top 3 Imports:** Russia (707.97M USD, +295.48M, +71.63%), India (698.52M USD, +70.65M, +11.25%), South Korea (493.98M USD, +69.92M, +16.49%). - **Bottom 3 Imports:** United States (3.2B USD, -576.07M, -15.26%), China (5.44B USD, -252.79M, -4.44%), Mexico (529.14M USD, -186.11M, -26.02%). - **Top 3 Exports:** United States (3.45B USD, +857.21M, +33.08%), India (952.32M USD, +371.38M, +63.93%), Chile (868.86M USD, +309M, +55.19%). - **Bottom 3 Exports:** China (7.21B USD, -988.8M, -12.06%), Argentina (1.04B USD, -173.19M, -14.26%), Hungary (4.81M USD, -143.08M, -96.75%). **Subnat Geography:** - **Top 3 Imports:** Porto Velho (387.36M USD, +170.52M, +78.63%), São Luís (561.41M USD, +160.47M, +40.02%), Vitória (330.2M USD, +133.8M, +68.12%). - **Bottom 3 Imports:** Petrópolis (394.17M USD, -454.84M, -53.57%), São Sebastião (44.11M USD, -315.26M, -87.72%), Jundiaí (319.77M USD, -286.33M, -47.24%). - **Top 3 Exports:** Rio de Janeiro (3.75B USD, +501.07M, +15.42%), São José dos Campos (744.23M USD, +316.65M, +74.06%), Marabá (500.61M USD, +287.59M, +135.01%). - **Bottom 3 Exports:** Angra dos Reis (3.82M USD, -221.48M, -98.03%), Gavião Peixoto (85.64M USD, -171.95M, -66.67%), Parauapebas (450.54M USD, -79.02M, -14.94%). **HS4 Official:** - **Top 3 Imports:** Electric Generating Sets (145.4M USD, +139M, +1,729.70%), Planes, Helicopters, and/or Spacecraft (354.18M USD, +118.72M, +50.42%), Machinery Having Individual Functions (216.6M USD, +108.66M, +100.66%). - **Bottom 3 Imports:** Gas Turbines (525.65M USD, -528.03M, -50.11%), Packaged Medicaments (545.44M USD, -183.14M, -25.14%), Computers (221.12M USD, -172.98M, -43.89%). - **Top 3 Exports:** Copper Ore (778.36M USD, +552.87M, +245.18%), Iron Ore (2.93B USD, +371.4M, +14.54%), Crude Petroleum (3.88B USD, +361.52M, +10.26%). - **Bottom 3 Exports:** Soybeans (1.5B USD, -329.84M, -18.05%), Raw Sugar (1.09B USD, -146.89M, -11.87%), Frozen Bovine Meat (1.44B USD, -98.69M, -6.43%).

In the year-on-year analysis, Brazil's total exports increased by approximately 6.13 billion USD, reflecting a growth of about 24.63%. Imports also saw an increase of 1.3 billion USD, which is a rise of around 6.49%. **Country Official:** - **Top 3 Imports:** China (5.44B USD, +321.09M, +6.27%), Italy (592.21M USD, +138.48M, +30.52%), Finland (165.15M USD, +120.94M, +273.54%). - **Bottom 3 Imports:** Argentina (1.07B USD, -175.82M, -14.18%), Denmark (87.09M USD, -87.4M, -50.00%), Sweden (127.16M USD, -85.82M, -40.29%). - **Top 3 Exports:** China (7.21B USD, +1.95B, +37.16%), Chile (868.86M USD, +441.29M, +103.21%), India (952.32M USD, +401.95M, +73.03%). - **Bottom 3 Exports:** United States (3.45B USD, -274.37M, -7.37%), Argentina (1.04B USD, -253.76M, -19.59%), Iraq (106.95M USD, -117.28M, -52.30%). **Subnat Geography:** - **Top 3 Imports:** Cariacica (657.2M USD, +291.9M, +79.91%), São Paulo (1.02B USD, +262.68M, +34.78%), Porto Velho (387.36M USD, +251.64M, +185.42%). - **Bottom 3 Imports:** Petrópolis (394.17M USD, -328.72M, -45.43%), São João da Barra (43.87M USD, -88.76M, -66.88%), Joinville (350.7M USD, -77.23M, -18.05%). - **Top 3 Exports:** Rio de Janeiro (3.75B USD, +1.97B, +104.65%), Paranaguá (618.6M USD, +298.75M, +93.40%), Marabá (500.61M USD, +240.83M, +92.71%). - **Bottom 3 Exports:** Conceição do Mato Dentro (79.14M USD, -183.17M, -69.83%), São Paulo (496.62M USD, -128.6M, -20.57%), São Luís (145.81M USD, -127.8M, -46.67%). **HS4 Official:** - **Top 3 Imports:** Refined Petroleum (1.46B USD, +447.39M, +44.27%), Nitrogenous Fertilizers (649.76M USD, +199M, +44.15%), Packaged Medicaments (545.44M USD, +180.19M, +49.33%). - **Bottom 3 Imports:** Gas Turbines (525.65M USD, -283.4M, -35.03%), Steam Boilers (1.26M USD, -96.87M, -98.71%), Surveying Equipment (5.48M USD, -86.38M, -94.03%). - **Top 3 Exports:** Crude Petroleum (3.88B USD, +1.74B, +81.51%), Iron Ore (2.93B USD, +725.57M, +32.99%), Soybeans (1.5B USD, +644.66M, +75.54%). - **Bottom 3 Exports:** Raw Sugar (1.09B USD, -266.34M, -19.63%), Cars (302.07M USD, -134.56M, -30.83%), Sulfate Chemical Woodpulp (770.86M USD, -117.22M, -13.12%).

The analysis reveals a mixed performance in Brazil's trade values. Month-on-month, total imports decreased by 2.34B (9.3%) and exports decreased by 3.07B (9.7%). Year-on-year, total imports increased by 1.7B (8.1%) while exports increased by 673.4M (2.4%). The highest month-on-month import increases were from Mexico, Chile, and the UAE, while the largest decreases were from China, India, and France. Year-on-year, the top import increases were from the US, Germany, and Mexico, with declines from Russia, Argentina, and Guyana. In exports, the US, Hungary, and Turkey saw the highest month-on-month increases, while China, Argentina, and South Korea faced the largest declines. Year-on-year, China, Hungary, and Panama led in export increases, while the US, Netherlands, and Spain experienced significant declines.

In the month-on-month analysis, imports from Mexico saw the highest increase with a trade value of 729.75M, reflecting a significant growth of 34.8%. Chile followed with an increase of 444.63M, marking a 32.9% rise. The United Arab Emirates also showed a strong performance with a 101.31M increase, translating to an impressive 89.6% growth. On the lower end, imports from China decreased by 733.74M, a decline of 11.4%. India and France also faced declines of 415.55M and 242.49M respectively, with percentage changes of -39.4% and -31.5%. In exports, the United States led with an increase of 412.32M, a growth of 18.3%. Hungary and Turkey also performed well with increases of 140.34M and 118.91M, reflecting growth rates of 18.6% and 46.5%. Conversely, exports to China saw a significant drop of 884.77M, a decline of 9.7%. Argentina and South Korea also faced declines of 409.32M and 320.56M, with percentage changes of -24.9% and -47.8%. Overall, total imports decreased by 2.34B (9.3%) while exports decreased by 3.07B (9.7%).

In the year-on-year analysis, imports from the United States increased by 788.37M, a growth of 25.9%. Germany followed with an increase of 252.34M, reflecting a 26.7% rise. Mexico also showed a positive trend with a 194.2M increase, translating to a 36.3% growth. On the downside, imports from Russia decreased by 332.06M, a decline of 44.7%. Argentina and Guyana also faced declines of 92.95M and 74.38M respectively, with percentage changes of -7.8% and -99.1%. In exports, China led with a substantial increase of 2.42B, a growth of 41.3%. Hungary and Panama also performed well with increases of 145.24M and 111.64M, reflecting growth rates of 54.9% and 125.9%. However, exports to the United States saw a significant drop of 994.29M, a decline of 27.2%. Netherlands and Spain also faced declines of 373.19M and 304.47M, with percentage changes of -26.8% and -37.1%. Overall, total imports increased by 1.7B (8.1%) while exports increased by 673.4M (2.4%).

Overall, Brazil's total trade value saw a decrease in both imports and exports month-on-month, with imports totaling 22.67B (down by 2.34B, -9.3%) and exports at 28.51B (down by 3.07B, -9.7%). Year-on-year, imports increased to 22.67B (up by 1.7B, 8.1%) while exports reached 28.51B (up by 673.4M, 2.4%). The analysis indicates a mixed performance across different countries, regions, and product categories, with notable increases in certain areas but significant declines in others.

In the month-on-month analysis, imports from Mexico saw the highest increase with a trade value of 729.75M, reflecting a significant growth of 188.41M (34.8%). Chile followed with an increase of 444.63M, up by 110.13M (32.9%). The United Arab Emirates also showed a strong increase of 214.34M, with a remarkable 89.6% growth. On the lower end, imports from China decreased significantly by 733.74M, a drop of 11.4%. India and France also saw declines of 415.55M and 242.49M respectively, with percentage changes of -39.4% and -31.5%. In exports, the United States led with an increase of 2.66B, up by 412.32M (18.3%). Hungary and Turkey also showed strong growths of 140.34M and 118.91M respectively. Conversely, exports to China fell by 884.77M, a decrease of 9.7%, followed by Argentina and South Korea with declines of 409.32M and 320.56M respectively.

In the year-on-year analysis, imports from the United States increased by 788.37M, a growth of 25.9%. Germany and Mexico also saw increases of 252.34M and 194.2M respectively. On the downside, imports from Russia decreased by 332.06M, a drop of 44.7%, followed by Argentina and Guyana with declines of 92.95M and 74.38M respectively. In exports, China led with a significant increase of 2.42B, a growth of 41.3%. Hungary and Panama also showed strong increases of 145.24M and 111.64M respectively. However, exports to the United States fell by 994.29M, a decrease of 27.2%, followed by Netherlands and Spain with declines of 373.19M and 304.47M respectively.