In 2014, the value of merchandise exports of Brazil decreased moderately by 7.1 percent to reach 225.1 bln US$, while its merchandise imports decreased slightly by 4.4 percent to reach 229.1 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively small deficit of 4.0 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed North America at -8.5 bln US$ (see graph 4). Merchandise exports in Brazil were diversified amongst partners; imports were also diversified. The top 27 partners accounted for 80 percent or more of exports and 22 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of Brazil decreased slightly by 1.8 percent, reaching 39.1 bln US$, while its imports of services increased moderately by 6.6 percent and reached 86.2 bln US$ (see graph 2). There was a large trade in services deficit of 47.1 bln US$.

Related Subject(s): International Trade and Finance
Countries: Brazil
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