Insights for Brazil

MoM insights: 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.

YoY insights: 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.