Brazil / Sri Lanka

Overview In July 2024, Brazil exported $3.26M and imported $7.24M from Sri Lanka, resulting in a negative trade balance of $3.98M. Between July 2023 and July 2024 the exports of Brazil have decreased by $-1.93M (-37.2%) from $5.19M to $3.26M, while imports increased by $811k (12.6%) from $6.42M to $7.24M.

Trade In July 2024, the top exports of Brazil to Sri Lanka were Synthetic Rubber ($787k), Refined Petroleum ($483k), Heavy Pure Woven Cotton ($436k), Asbestos ($294k), and Poultry Meat ($69.8k). In July 2024 the top imports of Brazil from Sri Lanka were Rubber Apparel ($1.1M), Rubber Tires ($1.08M), Non-Knit Women's Suits ($716k), Knit Women's Suits ($681k), and Knit Gloves ($531k).

Origins In July 2024 the exports of Brazil were mainly from São Paulo ($1.37M), Minas Gerais ($1.05M), Santa Catarina ($332k), Ceará ($295k), and Rio Grande do Norte ($80.8k), while imports destinations were mainly Santa Catarina ($4.21M), São Paulo ($1.61M), Rio de Janeiro ($505k), Paraíba ($302k), and Minas Gerais ($299k).

Growth In July 2024, the decrease in Brazil's year-by-year exports to Sri Lanka was explained primarily by an decrease in product exports in Rubber Tires ($-180k or -90.9%), Coffee and Tea Extracts ($-38.3k or -100%), and Packaged Medicaments ($-37.5k or -88.4%). In July 2024, the increase in Brazil's year-by-year imports  from Sri Lanka was explained primarily by an increase in product imports  in Rubber Tires ($924k or 611%), Non-Knit Women's Suits ($585k or 448%), and Knit Women's Suits ($546k or 406%).