General

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

According to customs data, in 2021, Brazil's exports reached 280.4 billion US dollars, imports reached 219.4 billion US dollars, and the final total foreign trade reached 499.8 billion US dollars, up 35.8% year on year, a record high.

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

In terms of specific customs data, Brazil's exports reached US $28.17 billion in November last year, up 30.5% year on year; During the same period, Brazil's imports were 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 last year, Brazil's foreign trade data have all been released.

According to customs data, in the first 11 months of last year, Brazil exported 308.82 billion US dollars, up 19.9% year on year; During the same period, Brazil imported US $250.8 billion, up 25.5% year on year.

Finally, in the first 11 months, Brazil's foreign trade totaled US $559.62 billion, with a trade surplus of US $58.02 billion, up 0.7% year-on-year.

As for the situation of foreign trade in 2022, Brazil predicts that the foreign trade surplus will be US $55.4 billion.

Which countries and regions do Brazil export so much?

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

According to customs data, from January to November last year, Brazil exported US $84.81 billion to China; During the same period, Brazil imported US $56.8 billion from China; In the end, Brazil's total foreign trade with China reached US $141.61 billion, with a surplus of US $28.01 billion with China.

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

In terms of specific data, from January to November last year, Brazil exported 47.29 billion US dollars to the EU; During the same period, imports from the EU amounted to US $40.27 billion; In the end, the total bilateral trade volume was 87.56 billion US dollars, and the trade surplus with the EU was 7.02 billion US dollars.

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

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

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

In terms of specific data, in the first 11 months of last year, Brazil exported 14.36 billion US dollars to Argentina; During the same period, imports from Argentina reached 12.12 billion US dollars; Finally, the total trade volume of the two countries was 26.48 billion US dollars, and the trade surplus with Argentina was 2.14 billion US dollars.