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Brazil

Brazil ranked No. 14 in total trade value through February with a total of $11.11 billion. Exports totaled $6.35 billion and Imports totaled $4.75 billion, a surplus of $1.6 billion.

January – February 2019

Top Trading Ports

Total Trade: $11.11 billion

RankPortTotal YTD
1Miami International Airport $2,025,210,021
2Port of Houston $1,301,064,049
3Port of New Orleans $558,137,014
4Port of Jacksonville, Fla. $436,252,826
5Port of Mobile, Ala. $413,981,144
6Port of New York $385,331,038
7Port of Baltimore, Md. $370,406,440
8Orlando International Airport $367,256,151
9Port of Virginia $347,819,391
10Port of Charleston $338,259,980

U.S. trade with Brazil rose to $11.11 billion through February

Brazil’s trade with the United States rose to $11.11 billion through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.06 percent above its total trade during the same time period last year. Brazil’s exports increased 7.08 percent while imports rose 0.28 percent. The U.S. surplus with Brazil was $1.6 billion.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Miami International Airport; No. 2 Port of Houston; No. 3 Port of New Orleans; No. 4 Port of Jacksonville, Fla.; and No. 5 Port of Mobile, Ala.. During the same period the previous year, the top five were No. 1 Miami International Airport No. 2 Port of Houston No. 3 Port of New Orleans No. 4 Port of Virginia and No. 5 Port of Baltimore, Md.. In the current time period, the top five accounted for 42.62 percent of Brazil’s U.S. trade.

Among those top five:

  • Trade with No. 1 Miami International Airport fell 10.14 percent to $2.03 billion.
    Exports fell 5.65 percent to $1.61 billion. Imports fell 24.06 percent to $417.12 million.
  • Trade with No. 2 Port of Houston fell 14.63 percent to $1.3 billion.
    Exports fell 18.74 percent to $836.54 million. Imports fell 6.08 percent to $464.52 million.
  • Trade with No. 3 Port of New Orleans rose 7.77 percent to $558.14 million.
    Exports fell 9.21 percent to $346.35 million. Imports rose 55.25 percent to $211.79 million.
  • Trade with No. 4 Port of Jacksonville, Fla. rose 26.77 percent to $436.25 million.
    Exports rose 18.94 percent to $280.44 million. Imports rose 43.81 percent to $155.82 million.
  • Trade with No. 5 Port of Mobile, Ala. rose 62.65 percent to $413.98 million.
    Exports fell 1.7 percent to $13.03 million. Imports rose 66.18 percent to $400.95 million.

Brazil ranked No. 14 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 15.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Brazil by value through February were the categories of Civilian aircraft, parts; Gasoline, other fuels; Coal, briquettes; Computer chips; and Plastics, respectively. They accounted for 43.64 percent of total exports to Brazil.

The value of the top five categories of U.S. imports from Brazil –– Semifinished products of Iron, nonalloy steel; Value added to a returned import; Chemical wood pulp, not dissolving grade; Oil; and Aircraft, Spacecraft, Satellites –– accounted for 30.47 percent of all inbound shipments.

Looking more closely at U.S. exports to Brazil:

  • Civilian aircraft, parts rose 23.48 percent compared to last year to $1.2 billion.
  • Gasoline, other fuels rose 26.31 percent compared to last year to $1.13 billion.
  • Coal, briquettes fell 15.23 percent compared to last year to $189.24 million.
  • Computer chips fell 15.52 percent compared to last year to $130.29 million.
  • Plastics rose 15.26 percent compared to last year to $124.88 million.

Looking more closely at U.S. imports from Brazil:

  • Semifinished products of Iron, nonalloy steel rose 144.62 percent compared to last year to $362.61 million.
  • Value added to a returned import rose 23.31 percent compared to last year to $306.4 million.
  • Chemical wood pulp, not dissolving grade rose 66.09 percent compared to last year to $296.4 million.
  • Oil fell 57.49 percent compared to last year to $280.82 million.
  • Aircraft, Spacecraft, Satellites rose 90.26 percent compared to last year to $202.1 million.

In the latest annual figures available, Brazil recorded $66.5 billion in trade with the United States. At year’s end, its were Miami; Houston; New Orleans; New York City; and Jacksonville/Tampa. Total U.S. exports to Brazil were $ 37.08 billion and imports from Brazil were $29.43 billion. The U.S. surplus with Brazil was $7.65 billion.