Brazil / Thailand

Overview In July 2024, Brazil exported $248M and imported $234M from Thailand, resulting in a positive trade balance of $14.2M. Between July 2023 and July 2024 the exports of Brazil have decreased by $-34.6M (-12.2%) from $283M to $248M, while imports increased by $53.7M (29.7%) from $180M to $234M.

Trade In July 2024, the top exports of Brazil to Thailand were Soybean Meal ($120M), Soybeans ($43.2M), Niobium, Tantalum, Vanadium and Zirconium Ore ($3.81M), Leather of Other Animals ($3.72M), and Raw Cotton ($2.8M). In July 2024 the top imports of Brazil from Thailand were Motor vehicles; parts and accessories (8701... ($27.3M), Rubber ($10.4M), Telephones ($9.55M), Cars ($8.63M), and Engine Parts ($8.09M).

Origins In July 2024 the exports of Brazil were mainly from Mato Grosso ($103M), Bahia ($44.6M), Maranhão ($26.9M), São Paulo ($22.5M), and Goiás ($9.4M), while imports destinations were mainly São Paulo ($84.6M), Amazonas ($36.3M), Rio Grande do Sul ($34.6M), Goiás ($22.4M), and Santa Catarina ($22M).

Growth In July 2024, the decrease in Brazil's year-by-year exports to Thailand was explained primarily by an decrease in product exports in Pig Meat ($-1.83M or -99.7%), Iron Pipes ($-1.57M or -95.8%), and Raw Cotton ($-1.43M or -33.8%). In July 2024, the increase in Brazil's year-by-year imports  from Thailand was explained primarily by an increase in product imports  in Telephones ($4.89M or 105%), Rubber Tires ($3.99M or 152%), and Motor vehicles; parts and accessories (8701... ($3.77M or 16%).