Overview In February 2024, Brazil exported $499M and imported $53.5M from Singapore, resulting in a positive trade balance of $446M. Between February 2023 and February 2024 the exports of Brazil have decreased by $-133M (-21%) from $632M to $499M, while imports increased by $561k (1.06%) from $52.9M to $53.5M.
Trade In February 2024, the top exports of Brazil to Singapore were Refined Petroleum ($623M), Crude Petroleum ($70.3M), Poultry Meat ($22.3M), Petroleum Coke ($17M), and Pig Meat ($11.9M). In February 2024 the top imports of Brazil from Singapore were Integrated Circuits ($12.7M), Liquid Pumps ($4.89M), Synthetic Rubber ($2.34M), Valves ($2.27M), and Organo-Sulfur Compounds ($2.06M).
Origins In February 2024 the exports of Brazil were mainly from São Paulo ($122M), Bahia ($62M), Rio de Janeiro ($35.7M), Minas Gerais ($18.1M), and Paraná ($16.2M), while imports destinations were mainly São Paulo ($17.7M), Amazonas ($13M), Rio de Janeiro ($10.7M), Minas Gerais ($4.2M), and Santa Catarina ($3.38M).
Growth In February 2024, the decrease in Brazil's year-by-year exports to Singapore was explained primarily by an decrease in product exports in Ferroalloys ($-7.73M or -40%), Kaolin Coated Paper ($-2.62M or -71.5%), and Coffee and Tea Extracts ($-1.2M or -41.3%). In February 2024, the increase in Brazil's year-by-year imports from Singapore was explained primarily by an increase in product imports in Liquid Pumps ($3.5M or 252%), Antiknock ($1.66M or 1.08k%), and Valves ($1.07M or 88.4%).