DOING BUSINESS WITH BRAZIL YOUR USBRAZIL TRADE ASSIST
|
COPYRIGHT © 2006-2010 rosalienebacchus.com. ALL RIGHTS RESERVED. THIS PAGE WAS LAST UPDATED ON: 22 JULY 2010 WEB SITE DESIGNED WITH YAHOO! SITEBUILDER BY ROSALIENE BACCHUS
|
BRAZIL'S TRADING PARTNERS
Brazil’s top three trading partners by country – for January-June 2010 – were China with total trade in goods of
US$24.2 billion, followed by the USA (including Puerto Rico) with US$21.1 billion, and Argentina with US$14.5
billion.
When considered by region, Asia had the highest total trade (imports and exports) with US$49.2 billion, followed
by the European Union (EU) and Latin America and Caribe with US$36.6 billion and US$35.4 billion, respectively.
NAFTA fell in fourth place with US$26.9 billion.
When compared with January-June 2009, Brazil’s exports to all regions recovered by 27.5 percent. Africa had a
negative return of 26.2 percent. Exports to the USA (including Puerto Rico) increased by 23.3 percent.
The diagram below shows the percentage of exports by area for January-June 2010.
BRAZIL EXPORTS BY AREA: JAN-JUN 2010
|
Source: Central Bank of Brazil, Economic Indicators, June 2010
Brazil's imports in January-June 2010 increased by 45.1 percent for all regions when compared with the same
period in 2009. Eastern Europe had the highest growth with 107.6 percent, while the USA (including Puerto Rico)
experienced the lowest growth with 24.2 percent.
The diagram below shows the percentage of imports by area for January-June 2010.
BRAZIL IMPORTS BY AREA: JAN-JUN 2010
|
Source: Central Bank of Brazil, Economic Indicators, June 2010
US-BRAZIL TRADE 2005-2009
According to US foreign trade statistics, published by the US Census Bureau as at May 2010, Brazil ranked
eleventh among US top trade partners for the year 2009 with 1.8 percent of total trade, a value of US$46.2 billion.
Exports totaled US$26.2 billion; imports totaled US$20.1 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 clearly seen in the diagram below. In 2009, US exports to Brazil fell by 19 percent while US imports
from Brazil showed a greater drop with 34 percent.
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.