Brazil Top 10 Export Destination Countries in 2023 Q2
Brazil Top Export Destinations and Market Reach in 2023 Q2
- China dominates as Brazil's top export destination, accounting for 32.39% ($28.94B) of total shipments. This reflects China's role as Brazil's primary commodity buyer, particularly for soybeans and iron ore.
- Top 3 partners (China, US, Argentina) absorb 48.71% of exports, indicating moderate concentration risk. The US ($9.05B, 10.13%) and Argentina ($5.53B, 6.19%) serve as key secondary markets.
- Brazil export destinations show a globalized footprint, with Europe (Netherlands, Spain, Germany) and Asia (Singapore) among the top 10 alongside regional players like Mexico and Chile.
- No single region dominates: 55% of exports go to non-Americas markets, underscoring Brazil's diversified trade strategy.
Table: Brazil Top Destination Countries in 2023 Q2 (Source: yTrade)
| Destination Countries | Value | Percent |
|---|---|---|
| Mainland China | 28.94B | 32.39% |
| United States | 9.05B | 10.13% |
| Argentina | 5.53B | 6.19% |
| Netherlands | 2.86B | 3.20% |
| Mexico | 2.65B | 2.97% |
| Singapore | 2.64B | 2.95% |
| Chile | 2.00B | 2.24% |
| Spain | 1.55B | 1.73% |
| Germany | 1.43B | 1.60% |
| Canada | 1.35B | 1.51% |
Get Complete Brazil Export Destination Countries Profile
Brazil - Key Destination Country Trading Product Pattern
- Mainland China (32.39%): A primary market for Brazilian raw materials, particularly iron ore, soybeans, and crude oil, fueling its vast manufacturing sector.
- United States (10.13%): A major destination for Brazilian crude oil, aircraft, and machinery, supporting its energy and industrial needs.
- Argentina (6.19%): A key regional partner for Brazilian vehicles, machinery, and electronics, driven by integrated regional supply chains.
- Netherlands (3.20%): A critical European gateway for Brazilian agricultural goods, such as soybeans and coffee, often for wider EU distribution.
- Mexico (2.97%): An important market for Brazilian vehicles, auto parts, and electronics, supporting its own manufacturing and assembly industries.
- Singapore (2.95%): A central Asian hub for Brazilian commodities like crude oil and agricultural products, facilitating trade across the region.
Frequently Asked Questions
Which countries are the top destinations for Brazil's exports in 2023 Q2?
The top 3 destinations are Mainland China ($28.94B), the United States ($9.05B), and Argentina ($5.53B).
What is the dominant export market for Brazil?
Mainland China is the primary buyer, accounting for 32.39% ($28.94B) of Brazil's total exports in Q2 2023.
Argentina Top 10 Import Origin Countries in 2025 Q2
Argentina's top import origin in Q2 2025 remains Brazil (26.25% share), with yTrade data showing 55.76% reliance on just 3 partners - highlighting strategic supply chain vulnerabilities.
Brazil Top 10 Export Destination Countries in 2023 Q3
In Q3 2023, China dominated as Brazil's top export destination with 31.3% share, while yTrade data reveals moderate risk as top 3 markets absorb 47.1% of shipments. Regional trade remains limited.
