Overview In February 2024, Brazil exported $938M and imported $717M from Argentina, resulting in a positive trade balance of $221M. Between February 2023 and February 2024 the exports of Brazil have decreased by $-402M (-30%) from $1.34B to $938M, while imports decreased by $-226M (-23.9%) from $943M to $717M.
Trade In February 2024, the top exports of Brazil to Argentina were Cars ($98.7M), Motor vehicles; parts and accessories (8701... ($93.1M), Refined Petroleum ($52.6M), Other Large Iron Pipes ($50M), and Iron Ore ($44.5M). In February 2024 the top imports of Brazil from Argentina were Delivery Trucks ($139M), Wheat ($114M), Cars ($52.3M), Barley ($50.3M), and Petroleum Gas ($42.1M).
Origins In February 2024 the exports of Brazil were mainly from São Paulo ($417M), Minas Gerais ($120M), Rio Grande do Sul ($65.5M), Paraná ($61.5M), and Santa Catarina ($60.8M), while imports destinations were mainly Rio Grande do Sul ($170M), São Paulo ($139M), Santa Catarina ($105M), Pernambuco ($58.6M), and Minas Gerais ($50.4M).
Growth In February 2024, the decrease in Brazil's year-by-year exports to Argentina was explained primarily by an decrease in product exports in Semi-Finished Iron ($-37.8M or -88.5%), Ethylene Polymers ($-24.2M or -78.6%), and Pig Iron ($-9.49M or -98%). In February 2024, the decrease in Brazil's year-by-year imports from Argentina was explained primarily by an decrease in product imports in Corn ($-23.3M or -99.8%), Ethylene Polymers ($-6.95M or -17%), and Buses ($-6.64M or -56.1%).