Overview In January 2024 Brasília exported $2.85M and imported $115M, resulting in a negative trade balance of $112M. Between January 2023 and January 2024 the exports of Brasília have decreased by $-6.57M (-69.8%) from $9.42M to $2.85M, while imports decreased by $-382M (-76.9%) from $498M to $115M.
Trade In January 2024, the top exports of Brasília were Refined Petroleum ($1.58M), Soybean Oil ($236k), Other Edible Preparations ($173k), Malt Extract ($164k), and Poultry Meat ($127k). In January 2024 the top imports of Brasília were Vaccines, blood, antisera, toxins and cultures ($82.7M), Packaged Medicaments ($8.15M), Petroleum Coke ($4.57M), Prepr binder for foundry ($2.2M), and X-Ray Equipment ($1.89M).
Destinations In January 2024, Brasília exported mostly to Portugal ($1.14M), Panama ($540k), United States ($428k), Venezuela ($284k), and Taiwan ($107k), and imported mostly from Ireland ($41.7M), Germany ($30.9M), Austria ($11.3M), United States ($10.4M), and China ($3.94M).
Growth In January 2024, the decrease in Brasília's year-by-year exports was explained primarily by an decrease in exports to Venezuela ($-347k or -57.8%), Vietnam ($-104k or -85.6%), and Haiti ($-39.7k or -22.1%), and product exports decrease in Soybean Oil ($-527k or -90.7%), Poultry Meat ($-136k or -6.28%), and Hair Products ($-18.6k or -32.9%). In January 2024, the decrease in Brasília's year-by-year imports was explained primarily by an decrease in imports from China ($-10.7M or -64.9%), South Korea ($-3.54M or -96.8%), and Switzerland ($-2.18M or -72.3%), and product imports decrease in Medical Instruments ($-1.96M or -70%), Knit T-shirts ($-1.13M or -99.5%), and Laboratory Reagents ($-931k or -81.7%).