Brazil / Kuwait

Overview In July 2024, Brazil exported $35.5M and imported $1.28M from Kuwait, resulting in a positive trade balance of $34.2M. Between July 2023 and July 2024 the exports of Brazil have increased by $7.66M (27.5%) from $27.8M to $35.5M, while imports increased by $1.28M (270k%) from $474 to $1.28M.

Trade In July 2024, the top exports of Brazil to Kuwait were Poultry Meat ($12.6M), Frozen Bovine Meat ($2.04M), Other Prepared Meat ($661k), Fruit Juice ($280k), and Rubber Footwear ($179k). In July 2024 the top imports of Brazil from Kuwait were Refined Petroleum ($70.2M), Sulphur ($3.74M), Iron Fasteners ($228), Other Iron Products ($145), and Other Plastic Products ($20).

Origins In July 2024 the exports of Brazil were mainly from Mato Grosso ($8.58M), Paraná ($7.35M), Rio Grande do Sul ($4.19M), Santa Catarina ($3.55M), and Minas Gerais ($1.47M), while imports destinations were mainly Minas Gerais ($1.28M) and São Paulo ($199).

Growth In July 2024, the increase in Brazil's year-by-year exports to Kuwait was explained primarily by an increase in product exports in Frozen Bovine Meat ($1.47M or 256%), Other Prepared Meat ($372k or 129%), and Fruit Juice ($133k or 90.5%). In July 2024, the increase in Brazil's year-by-year imports  from Kuwait was explained primarily by an increase in product imports  in Iron Fasteners ($67 or 41.6%) and Other Iron Products ($60 or 70.6%).