Top Trading Partners
Total Trade: $25.73 billion
|3||New York City||$2,507,732,648|
January – May 2017
Top U.S. Trading Partners
Total U.S. trade: $1.56 trillion
Brazil’s trade rose to $25.73 billion through May
Brazil’s trade with the United States rose 23.3 percent, from $20.87 billion to $25.73 billion when compared to the same period the previous year, according to a WorldCity analysis of latest U.S. Census Bureau data. U.S. exports to Brazil increased 26.77 percent while imports from Brazil rose 19.23 percent. The U.S. surplus with Brazil was $2.84 billion.
Brazil ranked No. 12 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 17. Brazil’s top U.S. Customs districts for total imports and exports were No. 1 Miami, No. 2 Houston, No. 3 New York City, No. 4 New Orleans and No. 5 Jacksonville/Tampa compared to the last year when the top spots were held by No. 1 Miami, No. 2 Houston, No. 3 New York City, No. 4 Jacksonville/Tampa and No. 5 New Orleans. In the current time period, the top five accounted for 65.35 percent of Brazil’s U.S. trade. That compares to 67.43 percent for the nation’s top five Customs districts during the same time period in the previous year.
Taking a closer look:
- Trade with No. 1 Miami rose 6.05 percent to $5.75 billion.
Exports rose 10.35 percent to $3.85 billion. Imports fell 1.7 percent to $1.9 billion.
- Trade with No. 2 Houston rose 44.43 percent to $5.03 billion.
Exports rose 40.89 percent to $3.25 billion. Imports rose 51.38 percent to $1.78 billion.
- Trade with No. 3 New York City rose 35.92 percent to $2.51 billion.
Exports rose 73.56 percent to $1.47 billion. Imports rose 4.15 percent to $1.04 billion.
- Trade with No. 4 New Orleans rose 13.23 percent to $1.83 billion.
Exports rose 42.69 percent to $1.19 billion. Imports fell 18.23 percent to $639.78 million.
- Trade with No. 5 Jacksonville/Tampa fell 0.58 percent to $1.7 billion.
Exports rose 2.76 percent to $1.39 billion. Imports fell 13.4 percent to $305.9 million.
Through May, 13 Customs districts posted trade surpluses with Brazil while 30 had deficits. That compares with 16 surpluses and 30 deficits for the same period one year ago. The top surplus was with Miami at $1.95 billion, the largest deficit was with Philadelphia at $822.45 million.
Top Exports to Brazil
Total YTD: $14.29 billion
|1||Gasoline, other fuels||$2,285,797,052|
|2||Civilian aircraft, parts||$2,050,982,786|
|3||Motor vehicle parts||$552,897,721|
|6||Medicines in individual dosages||$403,188,633|
|7||Misc. mineral or chemical fertilizers||$335,407,343|
|9||Cell phones, related equipment||$289,125,086|
|10||Medical instruments for surgeons, dentists, vets||$263,092,356|
January – May 2017
Top Imports from Brazil
Total YTD: $11.45 billion
|3||Returned exports, after repair||$684,761,555|
|4||Exports returned, without change||$549,571,717|
|5||Semifinished products of Iron, nonalloy steel||$480,018,945|
|7||Chemical wood pulp, not dissolving grade||$350,064,098|
|8||Granite, marble, other stones||$277,395,790|
Meanwhile, total U.S. trade with the world increased to $1.56 trillion, up 7.15 percent compared to the same period last year. The nation’s exports climbed 6.5 percent to $624.45 billion; imports climbed 7.59 percent to $936.93 billion. The nation’s top five countries so far this year, by value, are Canada; China; Mexico; Japan and Germany. The overall trade deficit was $312.48 billion, up compared to the same period of last year when the deficit was $284.53 billion.
The top five U.S. exports to Brazil, by value through May were the categories of Gasoline, other fuels; Civilian aircraft, parts; Motor vehicle parts; Coal, briquettes; and Ethyl alcohol, respectively. They accounted for 40.48 percent of total exports to Brazil.
The value of the top five categories of U.S. imports from Brazil –– Oil; Aircraft; Returned exports, after repair; Exports returned, without change; and Semifinished products of Iron, nonalloy steel –– accounted for 37.04 percent of all inbound shipments.
Looking more closely at U.S. exports to Brazil:
- Gasoline, other fuels rose 91.41 percent compared to last year to $2.29 billion.
- Civilian aircraft, parts rose 23.11 percent compared to last year to $2.05 billion.
- Motor vehicle parts rose 202.94 percent compared to last year to $552.9 million.
- Coal, briquettes rose 133.77 percent compared to last year to $449.56 million.
- Ethyl alcohol rose 234.17 percent compared to last year to $444.64 million.
Looking more closely at U.S. imports from Brazil:
- Oil rose 136.7 percent compared to last year to $1.57 billion.
- Aircraft fell 15.17 percent compared to last year to $953.39 million.
- Returned exports, after repair rose 22.6 percent compared to last year to $684.76 million.
- Exports returned, without change fell 7.7 percent compared to last year to $549.57 million.
- Semifinished products of Iron, nonalloy steel rose 90.53 percent compared to last year to $480.02 million.
In the latest annual figures available, Brazil recorded $56.47 billion in trade with the United States. At year’s end, its top five Customs districts were Miami; Houston; New York City; New Orleans; and Jacksonville/Tampa. Total U.S. exports to Brazil were $ 30.3 billion and imports from Brazil were $26.18 billion. The U.S. surplus with Brazil was $4.12 billion.