April 16, 2024
AGI News
Brazil has the 9th largest economy in the world, and is a significant player in world trade when it comes to the importing and exporting of goods. Please read on to find out all about the top 10 Brazilian imports!
How big is the import market in Brazil?
According to data from World’s Top Exports, Brazilian imports totalled US$240.8 billion in 2023. Goods from China, the US, Germany, Argentina and Russia accounted for just over 50% of all Brazilian imports.
So what are the top 10 Brazilian imports?
The following are the top 10 Brazilian imports in 2023. This top 10 accounts for over 75% of the total US$ value of all imports to Brazil.
1. Mineral Fuels – US$36.7 billion (15.3% of total Brazilian imports)
2. Machinery including Computers – US$34.7 billion (14.4% of total imports)
3. Electrical Machinery – US$28.7 billion (11.9% of total imports)
4. Vehicles – US$18.6 billion (7.7% of total imports)
5. Fertilizers – US$14.7 billion (6.1% of total imports)
6. Organic Chemicals – US$13.5 billion (5.6% of total imports)
7. Pharmaceuticals – US$11.0 billion (4.6% of total imports)
8. Plastics – US$9.2 billion (3.8% of total imports)
9. Optical, Technical & Medical Apparatus – US$7.5 billion (3.1% of total imports)
10. Other Chemical Goods – US$7.1 billion (3.0% of total imports)
Source: World’s Top Exports
So how can we help?
The importing and exporting of goods to and from Brazil can be a complicated process, and that’s where we come in! Here at AGI, we specialise in the safe transport of cargo to and from Brazil, and all across the world, providing you with professional road freight, sea freight, and air freight solutions. To find out more about our logistics services, and how we can help your business, please get in touch. We look forward to hearing from you, and for all of the latest AGI news, don’t forget to follow us on LinkedIn and Facebook!