Overview In April 2023, Brazil exported $1.66B and imported $889M from Argentina, resulting in a positive trade balance of $776M. Between April 2022 and April 2023 the exports of Brazil have increased by $394M (31%) from $1.27B to $1.66B, while imports decreased by $-139M (-13.6%) from $1.03B to $889M.
Trade In April 2023, the top exports of Brazil to Argentina were Cars ($86.7M), Motor vehicles; parts and accessories (8701... ($67.8M), Semi-Finished Iron ($42.7M), Ethylene Polymers ($30.8M), and Iron Ore ($22M). In April 2023 the top imports of Brazil from Argentina were Electricity ($133M), Wheat ($117M), Delivery Trucks ($110M), Cars ($46.4M), and Ethylene Polymers ($40.8M).
Origins In April 2023 the exports of Brazil were mainly from São Paulo ($669M), Minas Gerais ($173M), Mato Grosso do Sul ($130M), Paraná ($115M), and Rio Grande do Sul ($96M), while imports destinations were mainly Rio Grande do Sul ($193M), Santa Catarina ($135M), São Paulo ($126M), Minas Gerais ($111M), and Espírito Santo ($98.5M).
Growth In April 2023, the increase in Brazil's year-by-year exports to Argentina was explained primarily by an increase in product exports in Ethylene Polymers ($15.4M or 99.4%), Motor vehicles; parts and accessories (8701... ($13.9M or 25.7%), and Kraft Paper ($11.2M or 169%). In April 2023, the decrease in Brazil's year-by-year imports from Argentina was explained primarily by an decrease in product imports in Wheat ($-23.3M or -16.6%), Electricity ($-23M or -14.7%), and Refined Petroleum ($-16.4M or -97.4%).