What is Brazil’s main import?

What are Brazil’s top 3 imports?

Imports The top imports of Brazil are Refined Petroleum ($12.4B), Vehicle Parts ($6.19B), Crude Petroleum ($4.35B), Integrated Circuits ($3.83B), and Pesticides ($3.75B), importing mostly from China ($36.3B), United States ($32.6B), Germany ($11.3B), Argentina ($10.3B), and South Korea ($4.83B).

What is Brazil’s main export?

Brazil mainly exports soy beans (11.6%), petroleum oils (10.7%), iron ores (10.1%), maize (3.2%), and chemical wood pulp (3.1%); while its main imports are petroleum oils (9.9%), parts and accessories for tractors and motor vehicles (2.6%), electrical apparatus for line telephony (2.5%), floating vessels (2.5%), and …

Does Brazil import or export more?

Brazil is currently our 14th largest goods trading partner with $73.7 billion in total (two way) goods trade during 2019. Goods exports totaled $42.9 billion; goods imports totaled $30.8 billion. The U.S. goods trade surplus with Brazil was $12.0 billion in 2019.

Where do Brazil’s imports come from?

Brazil’s imports 2020 by country

China with a share of 22% (36 billion US$) USA with a share of 17.8% (29 billion US$) Germany with a share of 5.82% (9.68 billion US$) Argentina with a share of 4.94% (8.21 billion US$)

What is Brazil’s biggest industry?

The services sector is the largest sector in Brazil contributing almost 65% to its gross domestic product. 7 The decreasing share of agriculture and industry over the years was taken up by the service sector, which has contributed more than 50% of the country’s GDP since the 1990s.

THIS IS IMPORTANT:  Can I exchange Venezuelan currency in the US?

What is Brazil’s biggest import?

Brazil imports mainly manufactured goods (85 percent of total imports), namely machinery, fuels and lubricants, chemicals and pharmaceutical products, and parts and accessories for motor vehicles and tractors. The country also imports raw materials (10 percent), mostly crude oil, coal, natural gas and wheat grain.

Who is Brazil’s biggest trading partner?

Also shown is each import country’s percentage of total Brazilian exports.

  • China: US$67.7 billion (32.3% of total Brazilian exports)
  • United States: $21.6 billion (10.3%)
  • Argentina: $8.5 billion (4%)
  • Netherlands: $7.4 billion (3.5%)
  • Canada: $4.2 billion (2%)
  • Japan: $4.1 billion (2%)
  • Germany: $4.1 billion (2%)

Is Brazil richer than India?

Measured by aggregate gross domestic product (GDP), the Indian economy is larger than Brazil’s. … 9 Measured on a per capita basis, however, Brazil is far richer.

What is Brazil’s top 5 exports?

Brazil’s Top Five Exports

  • Sugarcane $10.4B.
  • Soybeans $19B.
  • Coffee $4.84B.
  • Beef $3.59B.
  • Orange juice $2.1B.

What Brazil imports from India?

Top products imported by India from Brazil include crude oil (imported by Reliance, accounting for, in 2013, 51% of total Indian imports or US$1.6 billion); Page 4 4 sugar (imported by Renuka Sugar India from Renuka do Brazil, at US$ 435 million, accounting for almost 14% of total imports); soy oil imports (US$233 …

What does US import from Brazil?

U.S.-Brazil Bilateral Economic Relations

Brazil’s main imports from the United States are aircraft, machinery, petroleum products, electronics, and optical and medical instruments. The United States is Brazil’s second-largest export market. The primary products are crude oil, aircraft, iron and steel, and machinery.

THIS IS IMPORTANT:  Which country was the largest trading partner with Latin America in the 1920s?