Mato Grosso do Sul

Overview In February 2024 Mato Grosso do Sul exported $602M and imported $234M, resulting in a positive trade balance of $368M. Between February 2023 and February 2024 the exports of Mato Grosso do Sul have increased by $125M (26.2%) from $477M to $602M, while imports decreased by $-27.2M (-10.4%) from $261M to $234M.

Trade In February 2024, the top exports of Mato Grosso do Sul were Sulfate Chemical Woodpulp ($153M), Soybeans ($116M), Soybean Meal ($59.2M), Frozen Bovine Meat ($57.7M), and Corn ($53.2M). In February 2024 the top imports of Mato Grosso do Sul were Petroleum Gas ($101M), Refined Copper ($17.6M), Other Electrical Machinery ($15.2M), Mixed Mineral or Chemical Fertilizers ($10.1M), and Synthetic Filament Yarn Woven Fabric ($6.28M).

Destinations In February 2024, Mato Grosso do Sul exported mostly to China ($210M), United States ($38.6M), Netherlands ($37.8M), Indonesia ($32.7M), and Italy ($26.1M), and imported mostly from Bolivia ($102M), China ($43.9M), Sweden ($18.9M), Chile ($16M), and United States ($13.7M).

Growth In February 2024, the increase in Mato Grosso do Sul's year-by-year exports was explained primarily by an increase in exports to Japan ($60.2M or 337%), Netherlands ($22.8M or 166%), and South Korea ($21.3M or 721%), and product exports increase in Corn ($132M or 286%), Sulfate Chemical Woodpulp ($25M or 23.1%), and Raw Sugar ($17.6M or 108%). In February 2024, the decrease in Mato Grosso do Sul's year-by-year imports was explained primarily by an decrease in imports from Peru ($-1.31M or -21.6%), India ($-921k or -66.2%), and Turkey ($-593k or -100%), and product imports decrease in Vaccines, blood, antisera, toxins and cultures ($-2.03M or -95.6%), Coated Flat-Rolled Iron ($-1.11M or -25.1%), and Centrifuges ($-1.09M or -89%).