Brazil / Morocco

Overview In February 2024, Brazil exported $66.8M and imported $66.8M from Morocco, resulting in a negative trade balance of $6.77k. Between February 2023 and February 2024 the exports of Brazil have decreased by $-42.1M (-38.7%) from $109M to $66.8M, while imports decreased by $-54.3M (-44.8%) from $121M to $66.8M.

Trade In February 2024, the top exports of Brazil to Morocco were Raw Sugar ($73.6M), Corn ($44.1M), Bran ($2.2M), Pepper ($1.05M), and Raw Tobacco ($777k). In February 2024 the top imports of Brazil from Morocco were Mixed Mineral or Chemical Fertilizers ($48.1M), Phosphoric Acid ($11.4M), Phosphatic Fertilizers ($9.55M), Non-fillet Frozen Fish ($7.81M), and Phosphinates (hypophosphites) and phosphonates (phosphites) ($3.09M).

Origins In February 2024 the exports of Brazil were mainly from São Paulo ($11.3M), Mato Grosso ($6.28M), Goiás ($5.21M), Minas Gerais ($4.7M), and Espírito Santo ($1.14M), while imports destinations were mainly Rio Grande do Sul ($33.9M), Bahia ($14.3M), São Paulo ($9.52M), Paraná ($3.49M), and Sergipe ($1.97M).

Growth In February 2024, the decrease in Brazil's year-by-year exports to Morocco was explained primarily by an decrease in product exports in Kraft Paper ($-388k or -91.4%), Liquid Pumps ($-257k or -96.8%), and Motor vehicles; parts and accessories (8701... ($-120k or -67.3%). In February 2024, the decrease in Brazil's year-by-year imports  from Morocco was explained primarily by an decrease in product imports  in Phosphinates (hypophosphites) and phosphonates (phosphites) ($-3.79M or -55.1%), Cobalt ($-972k or -85%), and Electrical Lighting and Signalling Equipment ($-340k or -65.2%).