*The tariffs applied to imports for Brazil are: 16: AAP.A25TM N° 38 Acuerdo de Alcance Parcial de Complementación Económica N° 38 Suscrito al Amparo del Artículo 25 del Tratado de Montevideo 1980 17: AAP.A25TM N° 41 Acuerdo de Alcance Parcial de Complementación Económica N° 41, Suscrito al Amparo del Artículo 25 del Tratado de Montevideo 1980 23: AAP.AG N° 02 - Acuerdo de Alcance Parcial para la Liberación y Expansión del Comercio Intrarregional de Semillas Suscrito por el Art. The top product import tariffs by their MFN Ad Valorem value for Brazil are Nuts, edible: coconuts, desiccated (55%) and Nuts, edible: coconuts, desiccated (41.8%).Ĭlick any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country. Tariffs by Product # to section Product caret-down In July 2021, the increase in Brazil's year-by-year imports was explained primarily by an increase in imports from United States ($1.46B or 87.1%), China ($1.25B or 47.2%), and Germany ($364M or 60.6%), and product imports increase in Refined Petroleum ($519M or 115%), Vehicle Parts ($486M or 315%), and Crude Petroleum ($359M or 138%). Growth In July 2021, the increase in Brazil's year-by-year exports was explained primarily by an increase in exports to United States ($1.29B or 75.6%), China ($1.1B or 15.2%), and Argentina ($379M or 54.1%), and product exports increase in Iron Ore ($2.64B or 110%), Soybeans ($530M or 15.3%), and Refined Petroleum ($437M or 106%). Origins In July 2021 the exports of Brazil were mainly from São Paulo ($4.04B), Minas Gerais ($3.8B), Pará ($2.91B), Rio Grande do Sul ($2.01B), and Rio de Janeiro ($1.89B), while imports destinations were mainly São Paulo ($5.92B), Santa Catarina ($2.07B), Rio de Janeiro ($1.84B), Paraná ($1.52B), and Rio Grande do Sul ($1.12B).ĭestinations In July 2021, Brazil exported mostly to China ($8.32B), United States ($2.99B), Argentina ($1.08B), Netherlands ($856M), and Japan ($696M), and imported mostly from China ($3.91B), United States ($3.15B), Germany ($966M), Argentina ($914M), and India ($579M). In July 2021 the top imports of Brazil were Refined Petroleum ($970M), Vehicle Parts ($640M), Crude Petroleum ($618M), Blood, antisera, vaccines, toxins and cultures ($525M), and Mixed Mineral or Chemical Fertilizers ($495M). Trade In July 2021, the top exports of Brazil were Iron Ore ($5.04B), Soybeans ($3.99B), Crude Petroleum ($1.95B), Soybean Meal ($873M), and Refined Petroleum ($849M). Overview In July 2021 Brazil exported $25.5B and imported $18.1B, resulting in a positive trade balance of $7.39B. Location Brazil borders Argentina, Bolivia, Paraguay, Peru, Suriname, Uruguay, and Venezuela by land. In 2019, Brazil was the world's biggest importer of Pesticides ($3.75B), Special Purpose Ships ($3.51B), Potassic Fertilizers ($2.98B), Mixed Mineral or Chemical Fertilizers ($2.81B), and Phosphatic Fertilizers ($506M) Imports The top imports of Brazil are Refined Petroleum ($12.4B), Vehicle Parts ($6.19B), Crude Petroleum ($4.35B), Integrated Circuits ($3.83B), and Pesticides ($3.75B), importing mostly from China ($36.3B), United States ($32.6B), Germany ($11.3B), Argentina ($10.3B), and South Korea ($4.83B). In 2019, Brazil was the world's biggest exporter of Soybeans ($26.1B), Sulfate Chemical Woodpulp ($7.35B), Poultry Meat ($6.55B), Frozen Bovine Meat ($5.67B), and Raw Sugar ($5.33B) The number 79 economy in terms of GDP per capita (current US$) and the number 49 most complex economy according to the Economic Complexity Index (ECI).Įxports The top exports of Brazil are Soybeans ($26.1B), Crude Petroleum ($24.3B), Iron Ore ($23B), Corn ($7.39B), and Sulfate Chemical Woodpulp ($7.35B), exporting mostly to China ($63.5B), United States ($30.5B), Argentina ($9.85B), Netherlands ($9.13B), and Japan ($5.58B). Overview In 2019 Brazil was the number 9 economy in the world in terms of GDP (current US$), the number 25 in total exports, the number 27 in total imports,