U.S. goods exports to Brazil in 2019 were $42.9 billion, up 8.7% ($3.4 billion) from 2018 and up 64.2% from 2009. The value of merchandise exports from Brazil totalled $ 225 billion in 2019. In 2019, Brazil's main export partner for beef and veal was China, with close to 2.7 billion U.S. dollars worth of the product exported that year. Economy Latest Trend Ranking; Composite leading indicator (CLI) Indicator 103.73 Amplitude adjusted Long-term average = 100 Oct-2020 Brazil Long-term average = 100 FDI stocks Indicator: 13.8 Outward % of GDP 2019 Brazil % of GDP Outward 17 among U.S. trade partners in October. Exports of Brazil increased from 63,716 million US dollars in 2000 to 260,129 million US dollars in 2019 growing at an average annual rate of 8.75%. Brazil was the United States' 9th largest goods export market in 2019. Markets were excited at the prospects of liberal reforms to come. Log in. Brazil has an export-oriented economy, dependent on the shipments of raw material (50 percent of total exports) and manufactured goods (36 percent). World and regional statistics, national data, maps and rankings, Discover new signals and insights from leading alternative and fundamental data providers, Latest releases of new datasets and data updates from different sources around the world. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to email this to a friend (Opens in new window), Chemical wood pulp, soda or sulphate (excluding dissolving grades), Iron or non-alloy steel products (semi-finished), Light vessels, fire boats, floating docks, Heavy machinery (bulldozers, excavators, road rollers), Hot-rolled iron or non-alloy steel products, Laminated wood (including plywood, veneer panels), Flat-rolled iron or non-alloy steel products (plated/coated), Unglazed ceramic flags, wall tiles, cubes, Packaged insecticides/fungicides/herbicides, Dates/figs/pineapples/mangoes/avocadoes/guavas, Plastic plates, sheets, film, tape, strips, Mineral fuels including oil: US$30 billion (13.4% of total exports), Machinery including computers: $12.5 billion (5.6%), Food industry waste, animal fodder: $6.3 billion (2.8%), Oil seeds: US$26.2 billion (Down by -21.2% since 2018), Ores, slag, ash: $24.1 billion (Up by 6.8%), Iron, steel: $8.7 billion (Down by -6.8%), Mineral fuels including oil: $6.1 billion (Up by 76.9%), Food industry waste, animal fodder: $6 billion (Down by -12.6%), Sugar, sugar confectionery: $5.3 billion (Down by -19.2%), Coffee, tea, spices: $4.7 billion (Up by 3.4%), Electrical machinery, equipment: -US$18.7 billion (Up by 1.9% since 2018), Organic chemicals: -$8.9 billion (Up by 7%), Machinery including computers: -$8.8 billion (Up by 105.1%), Pharmaceuticals: -$6.1 billion (Up by 1.7%), Other chemical goods: -$4.4 billion (Up by 12.1%), Plastics, plastic articles: -$4.3 billion (Up by 10.6%), Optical, technical, medical apparatus: -$4.3 billion (Down by -4.5%), Other base metal goods: -$2.8 billion (Up by 834.1%), Grupo Pão de Açúcar (retail including online), Afil Import Export E Comercio (garlic, flaxseed, corn), American Safety Razor Brazil (razor blades, adipic acid), Hapag Lloyd Brazil (containers, siliceous earths, white cement), Inergy Automotive Systems Do Brazil (combustion engine internal pumps, gas station external pumps), Vanguard Logistics Services Do Brazil (transmission belts, rubber/plastic molds, malt beer). Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. Brazil ranked No. Brazil imports and exports dozens of commodities alongside the previously mentioned products. 118 2019 Index of Economic Freedom ... stabilize the economy, and put Brazil on a path to eco - nomic freedom. You can change your personal cookie settings through your internet browser settings. Despite the slight uptick in growth, the economy remains fragile—real GDP in Q3 2019 is still about 3.6 percent lower than its peak in Q1 2014. Brazil. 15. Brazil Sees Record Soybean Exports In October – November 2019 Brazil exported a record 10.3 million tons of soybeans in the 2 months ending November 2019, exceeding last year’s 10.0 million tons for the same period. Knoema is the most comprehensive source of global decision-making data in the world. Overview Of Brazil’s Commodity Trade. With an increase in the number of Brazil’s beef plants authorized to export to China, exports are expected to increase further in 2019 and over the next decade. Exports of Brazil increased from …   In 2019, it produced $3.22 trillion in goods and services, as measured by purchasing power parity. In 2019, around 15.88 billion U.S. dollars worth of motor vehicles and auto parts were exported from Brazil, from which around 25.3 percent were directed to … Beef exports are expected to continue to grow in 2020, though at a slower pace than was witnessed in 2019, the specialist said. Integrate your data with the world’s data in a personalized and collaborative environment, purpose-built to support your organizational objectives. November 10, 2020. The description is composed by our digital data assistant. Trade: In September 2020 the top exports of Brazil were Iron Ore ($3.09B), Soybeans ($1.64B), Crude Petroleum ($1.46B), Corn ($1.09B), and Raw Sugar ($1.01B). Brazil had a total export of 239,887,754.93 in thousands of US$ and total imports of 181,230,498.36 in thousands of US$ leading to a positive trade balance of 58,657,256.58 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Brazil is 7.95% and the Most Favored Nation (MFN) Weighted Average tariff is 10.99%.The trade growth is 5.02% compared to a world … Legatum Prosperity Index 2020: Prosperity in Lockdown, Yuvoh Analytics | Airbnb Property Prices and Domestic Tourism in Europe, High-technology exports as a share of exports. For 2019 as a whole, exports were $224 billion and imports were $177.3 billion, resulting in the surplus of $46.67 billion. The estimated value of Brazil’s 2019 beef exports was $7.449 billion whereas next year it could reach $8.568 billion, according to Abiec projections. 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