Brazil

Brazil ranked No. 14 in total trade value through November with a total of $67.75 billion. Exports totaled $39.51 billion and Imports totaled $28.24 billion, a surplus of $11.26 billion.

January – November 2019

Top Trading Ports

Total Trade: $67.75 billion

RankPortTotal YTD
1Miami International Airport $11,361,719,130
2Port of Houston $9,459,756,241
3Port of New Orleans $3,474,273,138
4Port of Jacksonville, Fla. $2,442,572,354
5Port of New York $2,258,371,424
6Port of Newark $2,221,746,188
7Port of Virginia $2,204,572,584
8Port of Corpus Christi, Texas $1,982,140,337
9Port of Baltimore, Md. $1,949,275,401
10Port of Charleston $1,755,124,042

U.S. trade with Brazil rose to $67.75 billion through November

Brazil’s trade with the United States rose to $67.75 billion through the first 11 months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.25 percent above its total trade during the same time period last year. U.S. exports to Brazil increased 8.94 percent while U.S. imports from Brazil fell 1.66 percent. The U.S. surplus with Brazil was $11.26 billion.

Through November, 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 New York. 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 Jacksonville, Fla.. In the current time period, the top five accounted for 42.8 percent of Brazil’s U.S. trade.

Among those top five:

  • Trade with No. 1 Miami International Airport fell 4.72 percent to $11.36 billion.
    Exports rose 4.71 percent to $9.4 billion. Imports fell 33.42 percent to $1.96 billion.
  • Trade with No. 2 Port of Houston rose 6.94 percent to $9.46 billion.
    Exports rose 13.95 percent to $6.88 billion. Imports fell 8.11 percent to $2.58 billion.
  • Trade with No. 3 Port of New Orleans rose 6.98 percent to $3.47 billion.
    Exports fell 6.34 percent to $2.21 billion. Imports rose 42.27 percent to $1.27 billion.
  • Trade with No. 4 Port of Jacksonville, Fla. rose 8.96 percent to $2.44 billion.
    Exports rose 4.92 percent to $1.72 billion. Imports rose 19.86 percent to $726.85 million.
  • Trade with No. 5 Port of New York rose 8.6 percent to $2.26 billion.
    Exports fell 0.15 percent to $1.3 billion. Imports rose 23.21 percent to $959.81 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. 13.

Meanwhile, total U.S. trade with the world increased to $3.81 trillion, down 1.42 percent compared to the same period last year. The nation’s exports dropped 1.32 percent to $1.51 trillion; imports dropped 1.48 percent to $2.3 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $786.7 billion, down compared to the same period of last year when the deficit was $800.89 billion.

The top five U.S. exports to Brazil by value through November were the categories of Gasoline, other fuels; Civilian aircraft, parts; Oil; Coal, briquettes; and Computer chips, respectively. They accounted for 42.34 percent of total exports to Brazil.

The value of the top five categories of U.S. imports from Brazil –– Oil; Aircraft, Spacecraft, Satellites; Value added to a returned import; Gasoline, other fuels; and Semifinished products of Iron, nonalloy steel –– accounted for 35.17 percent of all inbound shipments.

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

  • Gasoline, other fuels rose 36.28 percent compared to last year to $7.68 billion.
  • Civilian aircraft, parts rose 14.23 percent compared to last year to $6.3 billion.
  • Oil rose 69.98 percent compared to last year to $989.64 million.
  • Coal, briquettes fell 12 percent compared to last year to $925.29 million.
  • Computer chips rose 2.22 percent compared to last year to $834.6 million.

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

  • Oil fell 12.48 percent compared to last year to $3.28 billion.
  • Aircraft, Spacecraft, Satellites rose 16.19 percent compared to last year to $2.08 billion.
  • Value added to a returned import fell 1.29 percent compared to last year to $1.65 billion.
  • Gasoline, other fuels rose 39.53 percent compared to last year to $1.53 billion.
  • Semifinished products of Iron, nonalloy steel fell 1.99 percent compared to last year to $1.4 billion.

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.