123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Brazil's Trade Statistics/results And Top Trading Partners In 2011

Profile Picture
By Author: Ophelia Fry
Total Articles: 14
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Brazil now ranks 6th in the world in terms of GDP according to the CIA, one ahead of the U.K., with a GDP of 2.5 trillion. In 2011, Brazilian foreign trade registered a trade flow record U.S. $ 482.3 billion, an increase of 25.7% over 2010, reaching U.S. $ 383.7 billion.

Exports ended the period with a value of U.S. $ 256.0 billion and imports of $ 226.2 billion, also record results. For 2010, exports grew by 26.8% and imports 24.5%. These significant increases indicate the strength of the progressive inclusion of Brazil in international trade. The trade surplus reached U.S. $ 29.8 billion in 2011, a 47.9% increase over the previous year's surplus of $ 20.1 billion, driven by a greater increase in exports over imports.

For export markets, sales to Asia increased 36.3%, making the region the top buyers for Brazilian products in 2011, surpassing Latin America and the Caribbean and the European Union, which also reported significant increases of respectively 19.1% and 22.7% .

Since 2009, China has been the largest importer of Brazilian products, replacing the United States. This gap increased in 2011, as exports ...
... to China increased by over 44% (to US$44.3 billion) during that period (comprising 17.3% of Brazil's total exports). Meanwhile exports to the United States increased by nearly 34% (totalling US$25.8 billion), comprising 10.1% of Brazil's total exports. The remaining countries rounding up the top five export markets in 2011 were Argentina, Holland and Japan, comprising 8.9%, 5.3% and 3.7% of Brazil's total exports, respectively.

In comparison with 2010, sales of commodities grew 36.1%, and semi-manufactured and manufactured goods widened by respectively 27.7% and 16.0%. The group of manufactured products accounted for half of the total exported by Brazil in 2011. At the top of the list are natural resources (like iron ore)) and petroleum products (together nearly 30% of Brazil's exports). Transport exports comes in third at nearly 10% of all exports, fllowed by agricultural products (like soy beans, coffee and sugar).

Meanwhile, in regards to imports, in 2011, both the United States and China again are the top two countries that export to Brazil. The United States is the top country (comprising 15.0% of Brazil's imports) and China came in a close second place (comprising 14.9%). Rounding up the top five countries are Argentina, Germany and South Korea, comprising 7.5 %, 6.7% and 4.5% of Brazil's total imports, respectively.

On the import side, purchases of raw materials and intermediate goods accounted for 45.1% of total exports, and capital goods, 21.2%. Imports of consumer goods accounted for 17.7% and fuels and lubricants, 16.0%. Also, the category of fuels and lubricants recorded higher growth of 42.8%, followed by consumer goods (+27.5%), raw materials and intermediate goods (+21.6%) and goods capital (+16.8%).

A Brazilian-based online directory to find Brazilian companies for business-to-business trade is B2Brazil.com. The service is free to use in order to access, learn about and directly contact Brazilian companies in all industries. Users do not have to register to use the site, just browse, search and contact. B2Brazil.com is the source for trade with Brazil for importers and exporters alike.

The author is associated with B2Brazil.com, Brazil's most comprehense B2B portal, promoting both Brazilian suppliers and service providers. B2Brazil.com is your souce for business with Brazil, and can be accessed at www.b2brazil.com.

Total Views: 165Word Count: 548See All articles From Author

Add Comment

Business Articles

1. Catering Services In Noida For Every Occasion
Author: Catering Services in Noida

2. Leading The Way In Business Continuity Management System (bcms) In Uae And Dubai
Author: kohan

3. Manila Rope: A Versatile Solution For Various Industries In The Uae
Author: yasirsheikh1891

4. Exploring Asian Clothes Online: A Guide For Uk Shoppers
Author: Dazzle and Bloom

5. Maximizing Your Email Marketing Roi: A Comprehensive Guide
Author: tim seifert

6. Spray Paint: The Ultimate Solution For Versatile And Efficient Painting
Author: yakubali7842

7. High-quality Thrust Needle Roller Bearings: Essential For Reliable Performance
Author: psbearings

8. Web Design Company In Coimbatore
Author: cp

9. Top Needle Roller Bearing Manufacturer: Quality You Can Rely On
Author: psbearings

10. Discover The Best Rfid Tags For Your Industry Needs At Id Tech Solutions
Author: Shivam Kumar

11. Translation Company In India
Author: Lingosolution

12. Why Perlau Gwyn Dental Care Is The Top Choice For Dentists In Cardiff And Teeth Whitening Services
Author: Rebecca Brown

13. Hybrid Inverters & Their Diverse Applications
Author: blogswalaindia

14. The Role Of Solar Panels In Sustainable Living
Author: blogswalaindia

15. Solar Energy And Battery Storage: What You Need To Know
Author: blogswalaindia

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: