DOING BUSINESS WITH BRAZIL
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USBRAZIL TRADE ASSIST
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BRAZIL'S TRADING PARTNERS

Brazil’s top three trading partners by country – for the year 2010 – were China with total trade in goods of
US$56.4 billion, followed by the USA (including Puerto Rico) with US$46.7 billion, and Argentina with US$31.6
billion
.

When compared with
2009, Brazil’s exports to all regions recovered by 32 percent. Exports to the USA (including
Puerto Rico) increased by
23.6 percent.

The diagram below shows the percentage of exports by region for the year 2010.
Source: Brazil MDIC/Secex, January 2011
Brazil's imports in 2010 increased by 42.2 percent for all regions when compared with 2009. The Middle East had
the highest growth with
48.9 percent, while imports from the USA (including Puerto Rico) grew by 35 percent.

The diagram below shows the percentage of imports by region for
2010.
Source: Brazil MDIC/Secex, January 2011

US-BRAZIL TRADE 2005-2010

According to US foreign trade statistics, published by the US Census Bureau, Brazil moved another notch up the
rank to
10th place among US top trade partners for the year 2010 with 1.9 percent of total trade, a value of
US$59.3 billion. Exports totaled US$35.4 billion; imports totaled US$23.9 billion.  

Brazil’s total trade with the USA grew steadily over the period
2005 to 2008 from US$39.9 billion to US$62.7
billion
, representing an increase of 58 percent. Due to the 2009 global economic crisis, this growth was
interrupted, as seen in the diagram below.

In 2010, US exports to Brazil recovered by
35 percent over the previous year, surpassing levels in 2008. While US
imports from Brazil increased by
19 percent, Brazilian imports still lagged far behind levels attained in 2008.
See next page for US monthly imports and exports for the period 2006 to 2010 and the top 10 US
consumer imports and exports from/to Brazil.
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