Overview In December 2022, Brazil exported $978M and imported $981M from Argentina, resulting in a negative trade balance of $3.62M. Between December 2021 and December 2022 the exports of Brazil have decreased by $-161M (-14.1%) from $1.14B to $978M, while imports decreased by $-253M (-20.5%) from $1.23B to $981M.
Trade In December 2022, the top exports of Brazil to Argentina were Motor vehicles; parts and accessories (8701... ($93.6M), Cars ($45.9M), Iron Ore ($43.3M), Electricity ($24.7M), and Delivery Trucks ($22.4M). In December 2022 the top imports of Brazil from Argentina were Delivery Trucks ($213M), Cars ($121M), Wheat ($94.8M), Crude Petroleum ($55.5M), and Petroleum Gas ($43.5M).
Origins In December 2022 the exports of Brazil were mainly from São Paulo ($433M), Minas Gerais ($138M), Paraná ($101M), Rio Grande do Sul ($79.3M), and Santa Catarina ($49M), while imports destinations were mainly Rio Grande do Sul ($266M), São Paulo ($159M), Santa Catarina ($141M), Paraná ($99.4M), and Rio de Janeiro ($82.9M).
Growth In December 2022, the decrease in Brazil's year-by-year exports to Argentina was explained primarily by an decrease in product exports in Iron Ore ($-27.6M or -55.6%), Delivery Trucks ($-18.9M or -47%), and Cars ($-18.8M or -17.8%). In December 2022, 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%).