Brazil / Argentina

Overview In July 2024, Brazil exported $1.17B and imported $1.2B from Argentina, resulting in a negative trade balance of $33.9M. Between July 2023 and July 2024 the exports of Brazil have decreased by $-450M (-27.8%) from $1.62B to $1.17B, while imports increased by $200M (20%) from $1B to $1.2B.

Trade In July 2024, the top exports of Brazil to Argentina were Cars ($98.7M), Motor vehicles; parts and accessories (8701... ($93.1M), Refined Petroleum ($52.6M), Other Large Iron Pipes ($50M), and Iron Ore ($44.5M). In July 2024 the top imports of Brazil from Argentina were Delivery Trucks ($139M), Wheat ($114M), Cars ($52.3M), Barley ($50.3M), and Petroleum Gas ($42.1M).

Origins In July 2024 the exports of Brazil were mainly from São Paulo ($530M), Minas Gerais ($141M), Rio Grande do Sul ($97.3M), Paraná ($79.8M), and Rio de Janeiro ($58.8M), while imports destinations were mainly Rio Grande do Sul ($265M), São Paulo ($173M), Espírito Santo ($167M), Minas Gerais ($159M), and Santa Catarina ($143M).

Growth In July 2024, the decrease in Brazil's year-by-year exports to Argentina was explained primarily by an decrease in product exports in Semi-Finished Iron ($-37.8M or -88.5%), Ethylene Polymers ($-24.2M or -78.6%), and Pig Iron ($-9.49M or -98%). In July 2024, the increase in Brazil's year-by-year imports  from Argentina was explained primarily by an increase in product imports  in Barley ($43.2M or 615%), Delivery Trucks ($28.5M or 25.8%), and Petroleum Gas ($23M or 120%).