Imports to Brazil went down 2.8 percent year-on-year to USD 12.56 billion in December 2019, as purchases fell for capital goods (-11.8 percent); consumption goods (-3.3 percent) and fuels & lubricants (-6.2 percent). Conversely, acquisitions of intermediate goods grew (1.6 percent). Among major trading partners, imports decreased from the US (-20.2 percent) and Argentina (-6.4 percent), while they rose from China (21.6 percent), ASEAN countries (12.3 percent) and the EU (6.4 percent). Imports in Brazil averaged 4706.85 USD Million from 1959 until 2019, reaching an all time high of 23049.60 USD Million in October of 2013 and a record low of 67 USD Million in March of 1965. source: Ministério do Desenvolvimento, Indústria e Comércio Exterior

Imports in Brazil is expected to be 19000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Brazil to stand at 21500.00 in 12 months time. In the long-term, the Brazil Imports is projected to trend around 22200.00 USD Million in 2020, according to our econometric models.


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Brazil Imports

Actual Previous Highest Lowest Dates Unit Frequency
12555.49 14168.71 23049.60 67.00 1959 - 2019 USD Million Monthly


Brazil Imports
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. Main import partners are China (19 percent), the US (16 percent), Argentina and Germany (6 percent each) and South Korea and Mexico (3 percent each).

Brazil Trade Last Previous Highest Lowest Unit
Balance of Trade 5599.40 3427.32 7660.98 -4068.90 USD Million [+]
Current Account -2164.00 -7900.00 3006.80 -13344.90 USD Million [+]
Current Account to GDP -0.77 -0.35 1.80 -8.20 percent [+]
Imports 12555.49 14168.71 23049.60 67.00 USD Million [+]
Exports 18154.88 17596.03 26148.24 75.06 USD Million [+]
External Debt 668221.21 674076.28 714260.45 64259.50 USD Million [+]
Terms of Trade 107.30 109.68 132.65 64.67 points [+]
Capital Flows -2248.70 -6376.20 2919.60 -13679.20 USD Million [+]
Foreign Direct Investment 6985.41 6814.52 16274.73 -103.33 USD Million [+]
Remittances 262.10 257.30 386.00 70.80 USD Million [+]
Gold Reserves 67.36 67.36 119.01 31.99 Tonnes [+]
Crude Oil Production 2927.00 2989.00 2989.00 330.00 BBL/D/1K [+]
Terrorism Index 2.53 1.39 2.69 0.00 [+]
Weapons Sales 111.00 47.00 267.00 1.00 USD Million [+]
Tourist Arrivals 6621.00 6589.00 6621.00 1991.00 Thousand [+]

Brazil Imports by Country Last Previous
China 2608.70 2582.71 USD Million Dec/19
European Union 2384.00 2806.18 USD Million Dec/19
United States 2119.22 2602.00 USD Million Dec/19
Argentina 904.87 854.28 USD Million Dec/19
Germany 726.44 791.37 USD Million Dec/19
Portugal 314.13 402.88 USD Million Dec/19
Mexico 311.93 293.75 USD Million Dec/19
Italy 301.41 307.37 USD Million Dec/19
Saudi Arabia 278.00 267.00 USD Million Dec/19
South Korea 267.00 333.00 USD Million Dec/19
Japan 264.09 295.53 USD Million Dec/19
Chile 246.83 232.83 USD Million Dec/19
France 241.11 338.68 USD Million Dec/19
Russia 235.34 355.03 USD Million Dec/19
Netherlands 223.08 257.98 USD Million Dec/19
Spain 205.04 257.31 USD Million Dec/19
United Kingdom 157.18 172.42 USD Million Dec/19
Taiwan 148.45 134.86 USD Million Dec/19
Canada 120.77 156.48 USD Million Dec/19
Colombia 111.05 89.53 USD Million Dec/19

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category