Brazil's trade with the United States in 2024 registered a slight deficit, with total exports reaching US$ 40.37 billion and imports at US$ 40.65 billion. This indicates a near balance in the bilateral trade flow, with a deficit of approximately US$ 283.85 million.
The trade structure reveals Brazil's reliance on energy commodities, with crude oil (SH4 2709) being the primary export. Semi-finished steel products and aircraft also feature prominently. Conversely, Brazil's imports are led by complex machinery, particularly turbo-jets and turbines, alongside refined petroleum products and polymers. 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$ 1.21 B |
| 2.28 Mt |
| US$ 0.531/kg |
| 2 | 7207 | Semi-finished products of iron or non-alloy steel | US$ 980.5 M | 1.68 Mt | US$ 0.582/kg |
| 3 | 8802 | Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles | US$ 874.5 M | 651 t | US$ 1,344.032/kg |
| 4 | 0202 | Meat of bovine animals, frozen | US$ 865.1 M | 147.7 kt | US$ 5.856/kg |
| 5 | 2710 | 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$ 719.9 M | 1.18 Mt | US$ 0.609/kg |
| 6 | 0901 | Coffee, whether or not roasted or decaffeinated; coffee husks and skins; coffee substitutes containing coffee in any proportion | US$ 637.5 M | 93.5 kt | US$ 6.819/kg |
| 7 | 8429 | Self-propelled bulldozers, angledozers, graders, levellers, scrapers, mechanical shovels, excavators, shovel loaders, tamping machines and road rollers | US$ 602.1 M | 66.9 kt | US$ 8.999/kg |
| 8 | 7201 | Pig iron and spiegeleisen in pigs, blocks or other primary forms | US$ 528.5 M | 1.29 Mt | US$ 0.409/kg |
| 9 | 4703 | Chemical wood pulp, soda or sulphate, other than dissolving grades | US$ 474.6 M | 1.17 Mt | US$ 0.405/kg |
| 10 | 8504 | Electrical transformers, static converters (for example, rectifiers) and inductors | US$ 383.6 M | 16.8 kt | US$ 22.895/kg |
| 11 | 2009 | Fruit juices (including grape must) and vegetable juices, unfermented and not containing added spirit, whether or not containing added sugar or other sweetening matter | US$ 377.9 M | 506.1 kt | US$ 0.747/kg |
| 12 | 8411 | Turbo-jets, turbo-propellers and other gas turbines | US$ 285.8 M | 159 t | US$ 1,795.300/kg |
| 13 | 6802 | Worked monumental or building stone (except slate) and articles thereof, other than goods of heading 6801; mosaic cubes and the like, of natural stone (including slate), whether or not on a backing; artificially coloured granules, chippings and powder, of | US$ 267.4 M | 199.9 kt | US$ 1.338/kg |
| 14 | 7224 | Other alloy steel in ingots or other primary forms; semi-finished products of other alloy steel | US$ 250.7 M | 391.1 kt | US$ 0.641/kg |
| 15 | 4011 | New pneumatic tyres, of rubber | US$ 192.1 M | 36.2 kt | US$ 5.300/kg |
| # | SH4 | Description | FOB | Weight | Avg. price |
|---|---|---|---|---|---|
| 1 | 2710 | 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$ 2.21 B | 2.73 Mt | US$ 0.809/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$ 1.20 B | 1.8 kt | US$ 675.202/kg |
| 3 | Crude oil from petroleum and bituminous minerals | US$ 738.7 M | 1.18 Mt | US$ 0.624/kg | |
| 4 | Turbo-jets, turbo-propellers and other gas turbines | US$ 724.5 M | 251 t | US$ 2,882.229/kg | |
| 5 | Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles | US$ 580.5 M | 586 t | US$ 989.934/kg | |
| 6 | Coal; briquettes, ovoids and similar solid fuels manufactured from coal | US$ 493.3 M | 3.16 Mt | US$ 0.156/kg | |
| 7 | Human blood; animal blood prepared for therapeutic, prophylactic or diagnostic uses; antisera and other blood fractions and modified immunological products, whether or not obtained by means of biotechnological processes; vaccines, toxins, cultures of micr | US$ 392.9 M | 947 t | US$ 414.871/kg | |
| 8 | Mineral or chemical fertilisers containing two or three of the fertilising elements nitrogen, phosphorus and potassium; other fertilisers; goods of this chapter in tablets or similar forms or in packages of a gross weight not exceeding 10 kg | US$ 313.5 M | 521.5 kt | US$ 0.601/kg | |
| 9 | Polymers of ethylene, in primary forms | US$ 262.8 M | 254.0 kt | US$ 1.035/kg | |
| 10 | Parts and accessories of the motor vehicles of heading 8701 to 8705 | US$ 253.4 M | 11.4 kt | US$ 22.288/kg | |
| 11 | Sodium hydroxide (caustic soda); potassium hydroxide (caustic potash); peroxides of sodium or potassium | US$ 242.7 M | 1.13 Mt | US$ 0.216/kg | |
| 12 | 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$ 223.4 M | 7.9 kt | US$ 28.105/kg | |
| 13 | Petroleum gases and other gaseous hydrocarbons | US$ 205.3 M | 428.9 kt | US$ 0.479/kg | |
| 14 | Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals | US$ 193.3 M | 1.58 Mt | US$ 0.122/kg | |
| 15 | Parts of apparatus of heading 88.01, 88.02 or 88.06 | US$ 191.8 M | 473 t | US$ 405.085/kg |
In 2024, Brazil's leading export to the United States was crude oil (SH4 2709), valued at US$ 5.83 billion. This was followed by semi-finished steel products (SH4 7207) at US$ 2.80 billion, and aircraft (SH4 8802) at US$ 2.38 billion. Coffee (SH4 0901) also represented a significant export, reaching US$ 1.90 billion.
Brazil's primary import from the United States in 2024 consists of turbo-jets, turbo-propellers, and other gas turbines (SH4 8411), amounting to US$ 6.17 billion. Other significant imports include petroleum oils (SH4 2710) valued at US$ 3.95 billion, and petroleum gases (SH4 2711) at US$ 2.19 billion.
In 2024, the trade balance between Brazil and the United States recorded a deficit for Brazil. Total exports amounted to US$ 40.37 billion, while imports reached US$ 40.65 billion, resulting in a negative balance of US$ 283.85 million.
The SH4 chapter 2710 (Petroleum oils and oils obtained from bituminous minerals, other than crude) is notable, appearing in both top exports and imports lists. Additionally, SH4 8802 (Other aircraft) is a major export for Brazil and a significant import from the US, indicating substantial two-way trade in these categories.