Overview In January 2024 São Paulo exported $610M and imported $773M, resulting in a negative trade balance of $163M. Between January 2023 and January 2024 the exports of São Paulo have increased by $316M (108%) from $294M to $610M, while imports increased by $128M (19.9%) from $645M to $773M.
Trade In January 2024, the top exports of São Paulo were Raw Sugar ($279M), Alcohol > 80% ABV ($74.7M), Soybean Meal ($53M), Corn ($24.7M), and Raw Cotton ($23.7M). In January 2024 the top imports of São Paulo were Packaged Medicaments ($54.6M), Semiconductor Devices ($28.2M), Medical Instruments ($27.4M), Orthopedic Appliances ($26.9M), and Vaccines, blood, antisera, toxins and cultures ($19M).
Destinations In January 2024, São Paulo exported mostly to United States ($75.8M), Indonesia ($57.6M), China ($53.5M), Vietnam ($40.6M), and United Kingdom ($38.7M), and imported mostly from China ($201M), United States ($145M), Germany ($48.6M), Italy ($40.7M), and France ($25.1M).
Growth In January 2024, the increase in São Paulo's year-by-year exports was explained primarily by an increase in exports to Uzbekistan ($28M or 55.6k%), Japan ($22M or 1.25k%), and Vietnam ($14.5M or 599%), and product exports increase in Corn ($36.8M or 370%), Raw Sugar ($27.3M or 62.1%), and Coffee ($4.02M or 896%). In January 2024, the increase in São Paulo's year-by-year imports was explained primarily by an increase in imports from Italy ($17.2M or 65.6%), Argentina ($10.8M or 43.9%), and Israel ($7.82M or 203%), and product imports increase in Orthopedic Appliances ($8.3M or 47.6%), Carbonates ($7.98M or 195%), and Wheat ($6.03M or 111%).