Brazil / Germany

Overview In February 2024, Brazil exported $423M and imported $1B from Germany, resulting in a negative trade balance of $579M. Between February 2023 and February 2024 the exports of Brazil have increased by $55.9M (15.2%) from $368M to $423M, while imports increased by $59.6M (6.33%) from $943M to $1B.

Trade In February 2024, the top exports of Brazil to Germany were Coffee ($129M), Soybean Meal ($113M), Copper Ore ($37.5M), Sulfate Chemical Woodpulp ($25.3M), and Hydrogen ($17.5M). In February 2024 the top imports of Brazil from Germany were Motor vehicles; parts and accessories (8701... ($84M), Vaccines, blood, antisera, toxins and cultures ($82.1M), Nitrogen Heterocyclic Compounds ($54.5M), Packaged Medicaments ($48.2M), and Pesticides ($34M).

Origins In February 2024 the exports of Brazil were mainly from Minas Gerais ($114M), São Paulo ($96.2M), Paraná ($45.2M), Mato Grosso ($28.5M), and Bahia ($27.9M), while imports destinations were mainly São Paulo ($458M), Santa Catarina ($120M), Rio de Janeiro ($110M), Minas Gerais ($62M), and Goiás ($53.8M).

Growth In February 2024, the increase in Brazil's year-by-year exports to Germany was explained primarily by an increase in product exports in Sulfate Chemical Woodpulp ($16.4M or 183%), Hydrogen ($14.3M or 449%), and Copper Ore ($11.1M or 41.8%). In February 2024, the increase in Brazil's year-by-year imports  from Germany was explained primarily by an increase in product imports  in Vaccines, blood, antisera, toxins and cultures ($42M or 104%), Pesticides ($25.6M or 302%), and Nitrogen Heterocyclic Compounds ($24.6M or 82.2%).