Imports to Brazil declined 12.1% year-on-year to $21.69 billion in May 2023, mainly due to lower purchases of agricultural industries (-36.4% to $0.33 billion), extractive industry (-19.1%% to $1.5 billion) and transformation industries (-11% to $19.7 billion). Purchases fell from Argentina (-4.8%), the United States (-21.4%), China, Hong Kong and Macau (+1%), but rose from the European Union (+4.3%). source: Ministério do Desenvolvimento, Indústria e Comércio Exterior
Imports in Brazil averaged 5493.16 USD Million from 1959 until 2023, reaching an all time high of 26668.40 USD Million in August of 2022 and a record low of 67.00 USD Million in March of 1965. This page provides the latest reported value for - Brazil Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Imports - values, historical data and charts - was last updated on June of 2023.
Imports in Brazil is expected to be 22039.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Imports is projected to trend around 22060.00 USD Million in 2024 and 23662.00 USD Million in 2025, according to our econometric models.