Insights for Brazil

MoM insights: 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.

YoY insights: 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.