General

As one of the BRICS countries, Brazil's exports have surged in recent years.

According to customs data, in 2021, Brazil will export 280.4 billion dollars, import 219.4 billion dollars, and finally total foreign trade of 499.8 billion dollars, up 35.8% year on year, a record high.

In 2022, driven by agricultural products, coffee and mineral products, Brazil's export growth trend continues.

In terms of specific customs data, in November, Brazil exported 28.17 billion US dollars, up 30.5% year on year; Over the same period, Brazil imported 21.49 billion US dollars, down 5.5% year on year.

Finally, in November, Brazil's foreign trade totaled 49.66 billion US dollars, with a surplus of 6.68 billion US dollars, a record high.

Since then, in the first 11 months of this year, Brazil's foreign trade data has also been released.

According to customs data, Brazil's exports in the first 11 months of this year totaled 308.82 billion US dollars, up 19.9% year on year; Over the same period, Brazil's imports totaled US $250.8 billion, up 25.5% year on year.

Finally, in the first 11 months, Brazil's total foreign trade volume was USD 559.62 billion, and its foreign trade surplus was USD 580.2 billion, up 0.7% year on year.

As for the foreign trade situation in 2022, Brazil predicted that the foreign trade surplus would be 55.4 billion US dollars.

What countries and regions do Brazil mainly export to?

Mr. Wang said that Finance and Economics noticed that in the first 11 months of this year, Brazil's largest exporter, largest importer and largest foreign trade country were all China.

According to customs data, from January to November, Brazil exported US $84.81 billion to China; During the same period, Brazil imported US $56.8 billion from China; In the end, the total foreign trade between Brazil and China was 141.61 billion US dollars, and the (trade) surplus with China was 28.01 billion US dollars.

Secondly, in the first 11 months of this year, Brazil's second largest export destination was the European Union.

In terms of specific data, from January to November, Brazil's exports to the EU totaled USD 47.29 billion; During the same period, 40.27 billion US dollars were imported from the European Union; Finally, bilateral foreign trade totaled US $87.56 billion, with a trade surplus with the EU of US $7.02 billion.

Third, in the first 11 months, Brazil's second largest importer was the United States.

In terms of specific data, Brazil imported USD 47.46 billion from the United States in January November; In the same period, Brazil's exports to the United States were only 33.85 billion dollars; In the end, the total foreign trade between the two countries was US $81.31 billion, and the trade deficit with the United States was US $13.612 billion.

Finally, customs data also showed that in the first 11 months of this year, Argentina was the fourth largest exporter and importer of Brazil.

In the first 11 months, Brazil's exports to Argentina totaled US $14.36 billion; During the same period, imports from Argentina amounted to US $12.12 billion; Finally, the total foreign trade between the two countries was 26.48 billion US dollars, and the trade surplus with Argentina was 2.14 billion US dollars.