Brazil imports mainly manufactured goods (85 percent of total imports), namely machinery, fuels and lubricants, chemicals and pharmaceutical products, and parts and accessories for motor vehicles and tractors. The country also imports raw materials (10 percent), mostly crude oil, coal, natural gas and wheat grain.

What goods does Brazil export?

List of exports of Brazil

What is the most exported item in Brazil?

In 2019, Brazil most exported products were soybean and crude oil or bituminous mineral oils, reaching an export value of 26.1 billion U.S. dollars and 24.2 billion dollars, respectively. Iron ore and its concentrates was Brazil third most exported product, with 22.7 billion U.S. dollars worth of exports.

How Much Does Brazil export and import?

Brazil Exports and Imports of Product Groups 2019 Brazil Raw materials exports are worth US$ 112,305 million, product share of 49.83%. Brazil Raw materials imports are worth US$ 15,392 million, product share of 8.68%. Brazil Intermediate goods exports are worth US$ 56,948 million, product share of 25.27%.

What is Brazil’s top 5 exports?

Exports: The top exports of Brazil are Soybeans ($26.1B), Crude Petroleum ($24.3B), Iron Ore ($23B), Corn ($7.39B), and Sulfate Chemical Woodpulp ($7.35B), exporting mostly to China ($63.5B), United States ($30.5B), Argentina ($9.85B), Netherlands ($9.13B), and Japan ($5.58B).

What are the imports and exports of Brazil?

According to Petrobrás, the significant increase in processing oil helps reducing the import of its products. However, the import of gas is substituted by the purchase of crude oil, which is the raw material for the refineries. 2. Automotives: 5,3% Brazil imported 913.351 cars last year, which, in sales, represents one in every four cars.

What kind of trade does the US have with Brazil?

Trade in services with Brazil (exports and imports) totaled an estimated $33.2 billion in 2018. Services exports were $26.9 billion; services imports were $6.3 billion. The U.S. services trade surplus with Brazil was $20.6 billion in 2018.

Why does Brazil import more oil than it produces?

The State company is increasing the imports of oil because its refineries are processing a volume of the commodity that is higher than the volume that can be produced. In January 1st, 2013, 2,111 billion of liters of oil were processed, against 1,98 billion produced, in November, 2012, the last time Petrobrás released the data.

How much beef does Brazil export to the world?

Beef exports accounts for about 3% of total Brazilian export revenues and the beef sector accounts for about 14% of global beef output, compared to the U.S, for example, which contributes about 15% of total world output.