Brazil's trade with India in 2024 registered a deficit of US$ 1.58 billion, reflecting total trade of US$ 12.12 billion. Exports reached US$ 5.27 billion, while imports amounted to US$ 6.85 billion. This dynamic highlights India's position as a significant partner in Brazil's international commerce.
The trade structure reveals a concentration in primary goods from Brazil, with sugar (SH4 1701) leading exports at US$ 1.62 billion, followed by crude oil (SH4 2709) valued at US$ 1.21 billion. On the import side, Brazil sources a diverse range of products, including heterocyclic compounds (SH4 2933) and petroleum oils (SH4 2710). Browse the SH4 chapters below to drill into a specific commodity.
| # | SH4 | Description | FOB | Weight | Avg. price |
|---|---|---|---|---|---|
| 1 | Crude oil from petroleum and bituminous minerals |
| US$ 1.53 B |
| 3.19 Mt |
| US$ 0.481/kg |
| 2 | 1507 | Soya-bean oil and its fractions, whether or not refined, but not chemically modified | US$ 765.4 M | 662.5 kt | US$ 1.155/kg |
| 3 | 2603 | Copper ores and concentrates | US$ 330.9 M | 76.7 kt | US$ 4.314/kg |
| 4 | 1701 | Cane or beet sugar and chemically pure sucrose, in solid form | US$ 312.5 M | 905.3 kt | US$ 0.345/kg |
| 5 | 5201 | Cotton, not carded or combed | US$ 194.7 M | 127.4 kt | US$ 1.528/kg |
| 6 | 2601 | Iron ores and concentrates, including roasted iron pyrites | US$ 180.9 M | 2.52 Mt | US$ 0.072/kg |
| 7 | 7108 | Gold (including gold plated with platinum), unwrought or in semi-manufactured forms, or in powder form | US$ 104.6 M | 721 kg | US$ 145,033.227/kg |
| 8 | 7204 | Ferrous waste and scrap; remelting scrap ingots of iron or steel | US$ 78.8 M | 275.7 kt | US$ 0.286/kg |
| 9 | 2713 | Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals | US$ 58.2 M | 132.2 kt | US$ 0.440/kg |
| 10 | 0713 | Dried leguminous vegetables, shelled, whether or not skinned or split | US$ 38.3 M | 56.9 kt | US$ 0.673/kg |
| 11 | 4703 | Chemical wood pulp, soda or sulphate, other than dissolving grades | US$ 33.5 M | 60.7 kt | US$ 0.552/kg |
| 12 | 4403 | Wood in the rough, whether or not stripped of bark or sapwood, or roughly squared | US$ 24.4 M | 114.9 kt | US$ 0.213/kg |
| 13 | 7202 | Ferro-alloys | US$ 22.7 M | 5.3 kt | US$ 4.271/kg |
| 14 | 1207 | Other oil seeds and oleaginous fruits, whether or not broken | US$ 22.0 M | 23.7 kt | US$ 0.926/kg |
| 15 | 2524 | Asbestos | US$ 19.9 M | 38.4 kt | US$ 0.520/kg |
| # | SH4 | Description | FOB | Weight | Avg. price |
|---|---|---|---|---|---|
| 1 | 2933 | Heterocyclic compounds with nitrogen hetero-atom(s) only | US$ 270.2 M | 5.5 kt | US$ 49.113/kg |
| 2 | 3004 | Medicaments (excluding goods of heading 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings | US$ 230.0 M | 4.4 kt | US$ 52.529/kg |
| 3 | Insecticides, rodenticides, fungicides, herbicides, anti-sprouting products and plant-growth regulators, disinfectants and similar products, put up in forms or packings for retail sale or as preparations or articles (for example, sulphur-treated bands, wi | US$ 180.5 M | 36.2 kt | US$ 4.985/kg | |
| 4 | Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic con | US$ 139.2 M | 161.7 kt | US$ 0.861/kg | |
| 5 | Parts and accessories of the motor vehicles of heading 8701 to 8705 | US$ 126.2 M | 23.0 kt | US$ 5.474/kg | |
| 6 | Nucleic acids and their salts, whether or not chemically defined; other heterocyclic compounds | US$ 125.4 M | 1.2 kt | US$ 103.748/kg | |
| 7 | Parts and accessories of vehicles of headings 8711 to 8713 | US$ 82.7 M | 11.7 kt | US$ 7.048/kg | |
| 8 | Parts suitable for use solely or principally with the engines of heading No 8407 or 8408 | US$ 69.5 M | 9.1 kt | US$ 7.605/kg | |
| 9 | Unwrought aluminium | US$ 67.6 M | 19.8 kt | US$ 3.415/kg | |
| 10 | New pneumatic tyres, of rubber | US$ 65.7 M | 22.9 kt | US$ 2.868/kg | |
| 11 | Transmission shafts (including cam shafts and crank shafts) and cranks; bearing housings and plain shaft bearings; gears and gearing; ball or roller screws; gear boxes and other speed changers, including torque converters; flywheels and pulleys, including | US$ 56.1 M | 8.3 kt | US$ 6.717/kg | |
| 12 | Mineral or chemical fertilisers, phosphatic | US$ 45.8 M | 183.4 kt | US$ 0.250/kg | |
| 13 | Synthetic organic colouring matter, whether or not chemically defined; preparations as specified in note 3 to this chapter based on synthetic organic colouring matter; synthetic organic products of a kind used as fluorescent brightening agents or as lumin | US$ 39.7 M | 8.1 kt | US$ 4.926/kg | |
| 14 | Tractors (other than tractors of heading 8709) | US$ 33.9 M | 8.0 kt | US$ 4.247/kg | |
| 15 | Sulfur of all kinds | US$ 31.2 M | 55.3 kt | US$ 0.565/kg |
In 2024, Brazil's primary export to India was cane or beet sugar (SH4 1701), totaling US$ 1.62 billion. Crude oil (SH4 2709) followed, valued at US$ 1.21 billion, and soya-bean oil (SH4 1507) at US$ 732.62 million. Cotton (SH4 5201) and ferrous waste (SH4 7204) also featured prominently.
Brazil's main imports from India in 2024 were heterocyclic compounds (SH4 2933), amounting to US$ 572.76 million. Other significant imports included petroleum oils (SH4 2710) valued at US$ 465.22 million, and insecticides and similar products (SH4 3808) worth US$ 453.99 million.
In 2024, the trade balance between Brazil and India was a deficit of US$ 1.58 billion for Brazil. Brazil's exports to India totaled US$ 5.27 billion, while imports from India reached US$ 6.85 billion.
Brazil's exports to India are heavily concentrated in primary products. Sugar (SH4 1701) was the leading export in 2024, accounting for US$ 1.62 billion. Crude oil (SH4 2709) was the second largest export, valued at US$ 1.21 billion.
The total trade volume between Brazil and India in 2024 reached US$ 12.12 billion. Brazil exported US$ 5.27 billion and imported US$ 6.85 billion, resulting in a trade deficit for Brazil.
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