Brazil - Netherlands Trade 2024 Q4: Declining Volumes
Key Market Takeaways: Brazil - Netherlands Trade
The bilateral trade relationship between Brazil and Netherlands weakened in 2024 Q4, with declining volumes on both sides.
- Economic Pulse: Brazil holds a $2.66B trade surplus (exports $3.14B vs. imports $481.05M), but both exports (-24.3% YoY peak) and imports (-33.91% YoY) contracted sharply.
- Exchange Structure: Brazil - Netherlands trade statistics reveal a resource-for-tech complementarity—Brazil supplies mineral fuels (31.69% of exports) while importing Dutch machinery (16.65% of imports).
- Strategic Interdependence: The Netherlands maintains a higher value-add position, supplying critical industrial equipment, while Brazil remains a key commodity exporter.
This bilateral trade snapshot is based on verified customs data from the yTrade database.
Brazil-Netherlands Trade Trend in Q4 2024
Brazil Export Performance: Shipments to Netherlands
- Total Volume: $3.14B in Q4 2024.
- Growth Trend & Context:
- YoY decline persisted across all months, peaking at -24.3% in October.
- November saw a sharp MoM rebound (+43.23%), but December collapsed (-43.85%), erasing gains.
- Key Volatility: November's 43.23% MoM surge was abruptly reversed in December, indicating unstable demand or pricing adjustments.
Brazil Import Performance: Sourcing from Netherlands
- Total Volume: $481.05M in Q4 2024.
- Growth Trend & Context:
- YoY declines deepened quarterly, hitting -33.91% in December.
- MoM swings were extreme: -31.2% drop in November, followed by a weak 1.4% recovery in December.
- Key Volatility: November’s import value ($138.73M) was the lowest, reflecting severe contraction.
Brazil - Netherlands Trade Balance & Market Dynamics
- Net Position: Brazil holds a $2.66B trade surplus with the Netherlands (Exports $3.14B vs. Imports $481.05M).
- Relationship Status: Brazil remains a dominant net exporter, but both sides show weakening trade volumes YoY, suggesting broader demand or pricing pressures.
Brazil Import Trend from Netherlands 2024 Q4 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Oct | 201.65M | -14.63% | -17.55% |
| Nov | 138.73M | -31.2% | -20.06% |
| Dec | 140.67M | 1.4% | -33.91% |
| Total | 481.05M | - | - |
Brazil Export Trend to Netherlands 2024 Q4 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Oct | 971.02M | -3.35% | -24.3% |
| Nov | 1.39B | 43.23% | -3.62% |
| Dec | 780.87M | -43.85% | -14.75% |
| Total | 3.14B | - | - |
Get Historical Brazil Netherlands Trade Records
Brazil-Netherlands Top Trading Products in Q4 2024
Brazil Export Profile: What Does Brazil Sell to Netherlands
- Top Commodity: Rank #1 export is Mineral Fuels (HS 27) with a 31.69% share.
- Demand Driver: Netherlands uses these for industrial processing, likely refining or energy generation.
- Concentration: Trade is moderately concentrated, with the top category (HS 27) accounting for nearly a third of exports.
Brazil Import Profile: What Does Brazil Buy from Netherlands
- Top Commodity: Rank #1 import is Machinery (HS 84) with a 16.65% share.
- Dependency Nature: Critical technology dependency, as machinery imports suggest reliance on Dutch industrial equipment.
Brazil - Netherlands Trade Relationship Dynamics
- The Exchange Model: Resource-for-Tech Complementarity. Brazil exports raw materials (mineral fuels, agricultural goods) and imports high-value machinery and pharmaceuticals.
- Value Chain Position: Netherlands holds the higher value-add position, supplying advanced machinery (HS 84) and pharmaceuticals (HS 30), while Brazil provides commodities.
Import Analysis by Product: Netherlands to Brazil (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 84 | 80.10M | 16.65% |
| 27 | 72.97M | 15.17% |
| 30 | 46.12M | 9.59% |
| 31 | 36.00M | 7.48% |
| 39 | 28.54M | 5.93% |
| 90 | 23.44M | 4.87% |
| 87 | 23.31M | 4.85% |
| 29 | 18.42M | 3.83% |
| 21 | 17.98M | 3.74% |
| 20 | 14.07M | 2.92% |
Export Analysis by Product: Brazil to Netherlands (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 27 | 996.05M | 31.69% |
| 23 | 263.22M | 8.38% |
| 47 | 204.74M | 6.51% |
| 20 | 202.72M | 6.45% |
| 02 | 200.73M | 6.39% |
| 72 | 200.22M | 6.37% |
| 08 | 190.82M | 6.07% |
| 26 | 142.78M | 4.54% |
| 88 | 142.11M | 4.52% |
| 09 | 117.10M | 3.73% |
Check Detailed Brazil-Netherlands Trade HS Code Breakdown
Future Outlook & Strategic Recommendations
Forecast
The Brazil-Netherlands trade relationship faces near-term volatility, with persistent YoY declines in both exports and imports signaling broader demand weakness. The erratic MoM swings—particularly in Brazil’s mineral fuel exports—suggest unstable pricing or inventory adjustments, likely extending into Q1 2025. However, the structural complementarity (Brazil’s commodities for Dutch high-tech machinery) provides a foundation for recovery if global commodity prices stabilize. Traders should prepare for a bumpy Q1 but monitor Dutch industrial demand for signs of rebound.
Strategic Moves
- Lock in Fuel Supply Contracts: Brazilian exporters of mineral fuels (HS 27) should negotiate long-term agreements with Dutch buyers to mitigate price volatility and secure stable revenue streams.
- Diversify Machinery Imports: Brazilian importers reliant on Dutch machinery (HS 84) must scout alternative suppliers in Germany or Japan to reduce dependency and hedge against further trade contraction.
- Accelerate Agro-Tech Partnerships: Brazil should leverage its agricultural export strength to attract Dutch agri-tech investments, upgrading value chains and offsetting declining commodity margins.
Frequently Asked Questions
How did Brazil - Netherlands trade perform in 2024 Q4?
Brazil's exports to the Netherlands totaled $3.14B, while imports were $481.05M, with both showing YoY declines and high volatility in monthly trends.
What are the top exports from Brazil to Netherlands?
Mineral Fuels (HS 27) dominated Brazil's exports to the Netherlands, accounting for 31.69% of total shipments.
What does Brazil import from Netherlands?
Machinery (HS 84) was the top import, representing 16.65% of Brazil's purchases from the Netherlands.
What is the trade balance between Brazil and Netherlands?
Brazil held a $2.66B trade surplus with the Netherlands, though both sides saw weakening trade volumes YoY.
Brazil - Netherlands Trade 2024 Q3: $2.36B Surge
Brazil's $2.36B surplus with the Netherlands in Q3 2024 highlights a resource-for-resource trade trend, with mineral fuels dominating. Verified by yTrade data.
Brazil - Netherlands Trade 2025 Q2: $2.42B Surplus
Brazil's trade surplus with the Netherlands hits $2.42B in Q2 2025, fueled by mineral fuels and machinery. Explore Brazil Netherlands trade trends and top trading products via yTrade data.
