Foreign Trade

BRAZIL - FOREIGN TRADE

Brazil’s trade shows a decline of about 20% in exports and imports in 2009 to an estimated $159 billion. Brazilian imports were worth $136 billion from the rest of the world in 2009, down 21.4% from the 2008 estimates. Brazil’s overall trade surplus was $22.9 billion in 2009, down 7.7% from the 2008 estimates. The value of Brazil’s exports to the US fell by 34.1% to $20.1 billion in 2009. Brazil imported $26.2 billion worth of merchandise from the US in 2009, down 19% from $32.3 billion in 2008. Brazil’s trade deficit with the US tripled to $6.1 billion in 2009, from $1.8 billion in 2008.

Foreign Trade Indicators (2009)

Imports of Goods (million USD) 133,609

Import goods machinery, electrical and transport equipment, chemical products, oil, automotive parts, electronics.

Main import partners United States 16.12%, China 12.61%, Argentina 8.77%, Germany 7.65%, Japan 4.3% (2009)

Exports of Goods (million USD) 152,995

Export goods transport equipment, iron ore, soybeans, footwear, coffee, autos, automotive parts, machinery.

Main export partners China 12.49%, US 10.5%, Argentina 8.4%, Netherlands 5.39%, Germany 4.05% (2009)

Imports of Services (million USD) 44,074

Exports of Services (million USD) 26,267

Gross external debt $216.1 billion (31 December 2009)