Brazil imports a variety of goods from India, including petroleum products, precious stones and metals, textiles, and pharmaceuticals.
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Brazil imports a diverse range of goods from India, reflecting the strong trade relationship between the two countries. Some of the key imports from India to Brazil include petroleum products, precious stones and metals, textiles, and pharmaceuticals. Let’s delve into each category with more detail:
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Petroleum Products: Brazil imports a significant amount of petroleum products from India to cater to its energy needs. These imports include crude oil, refined petroleum, and various petrochemical products. The demand for Indian petroleum products in Brazil highlights the importance of energy cooperation between the two countries.
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Precious Stones and Metals: India is renowned for its gemstone and jewelry industry, and Brazil imports a considerable amount of precious stones and metals from India. This includes diamonds, gold, silver, and other gemstones. The mutually beneficial trade in this sector contributes to the growth of both economies.
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Textiles: India is known for its rich textile heritage, and Brazil imports various textiles and apparel products from India. This includes fabrics, ready-made garments, home textiles, and accessories. The availability of high-quality Indian textiles at competitive prices makes it an attractive choice for Brazilian consumers.
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Pharmaceuticals: Brazil also imports pharmaceutical products from India, including both generic and branded medicines. The Indian pharmaceutical industry is globally recognized for its quality and affordability, making it a preferred source for Brazil’s healthcare sector. This trade enhances access to essential medications and promotes cooperation in the field of healthcare.
To further shed light on the significance of this trade relationship, let’s turn to a quote by Romaine Morard, a trade specialist:
“The trade between Brazil and India has witnessed remarkable growth in recent years, with a wide range of goods being exchanged. The imports from India contribute to Brazil’s energy, jewelry, fashion, and healthcare sectors, fostering economic development and diversification.”
Facts about Brazil’s imports from India:
- India is one of the top trading partners of Brazil in Asia.
- The bilateral trade between Brazil and India has been steadily increasing over the years.
- Apart from the aforementioned categories, Brazil also imports machinery, organic chemicals, electrical equipment, and vehicles from India.
- The trade relationship between Brazil and India is not only limited to imports but also includes exports from Brazil, such as iron ore, soybeans, meat, and sugar.
Below is a sample table showcasing the top imports from India to Brazil:
| Category | Examples of Goods |
|---|---|
| Petroleum Products | Crude oil, refined petroleum, petrochemicals |
| Precious Stones & Metals | Diamonds, gold, silver, gemstones |
| Textiles | Fabrics, ready-made garments, home textiles |
| Pharmaceuticals | Generic and branded medicines |
| Machinery | Industrial machinery, electrical equipment |
| Organic Chemicals | Dyes, pigments, fertilizers |
| Vehicles | Motorcycles, auto parts |
In conclusion, Brazil’s imports from India encompass a wide range of goods, including petroleum products, precious stones and metals, textiles, and pharmaceuticals. This reflects the strong trade ties between these two nations, enabling economic growth and diversification in various sectors.
There are other points of view available on the Internet
Bilateral Trade by Products In 2021, India exported $6.77B to Brazil. The main products exported from India to Brazil were Refined Petroleum ($1.23B), Pesticides ($874M), and Packaged Medicaments ($349M).
Answer in video
In a YouTube video titled “Imports & Exports in Brazil – A look inside the port,” an American family shares their experience visiting the port of Salvador in Brazil to gain insight into the import and export process. As they are preparing to open a trampoline park and have containers of trampoline equipment arriving, they provide some valuable tips they learned along the way. These tips include conducting thorough research, choosing a competent supplier, ensuring important documents are correct, and finding a reliable freight forwarder. The family also praises the cleanliness and organization of the port, noting plans to double its size in the future. Overall, they had a positive experience and are enthusiastic about starting their trampoline park venture.
These topics will undoubtedly pique your attention
In respect to this, What we can export from India to Brazil?
| India Exports to Brazil | Value | Year |
|---|---|---|
| Cotton | $20.53M | 2022 |
| Furniture, lighting signs, prefabricated buildings | $20.49M | 2022 |
| Tools, implements, cutlery of base metal | $18.10M | 2022 |
| Coffee, tea, mate and spices | $17.26M | 2022 |
Herein, What are Brazil’s top 5 imports?
Brazil’s Top 10 Imports
- Mineral fuels including oil: US$49.5 billion (18.2% of total imports)
- Machinery including computers: $33.9 billion (12.4%)
- Electrical machinery, equipment: $31.6 billion (11.6%)
- Fertilizers: $24.8 billion (9.1%)
- Organic chemicals: $18.3 billion (6.7%)
- Vehicles: $16.4 billion (6%)
What is the trade between India and Brazil?
During 2021, India had a large net trade with Brazil in the exports of Chemical Products ($2.58B), Mineral Products ($1.31B), and Machines ($682M). During 2021, Brazil had a large net trade with India in the exports of Mineral Products ($2.44B), Animal and Vegetable Bi-Products ($791M), and Precious Metals ($639M).
Also question is, What does Brazil mostly import?
Response will be: Brazil mainly exports iron ores (15.9%), soya beans (13.8%), petroleum oils (10.9%), cane or beet sugar (3.3%), and oil cake (2.6%); while its main imports are petroleum oils (5.9%), parts and accessories for tractors and motor vehicles (3.3%), human and animal blood prepared for therapeutic, prophylactic or diagnostic
Regarding this, How much money does Brazil import from India?
Imports from India in Brazil decreased to 42.61 USD Million in June from 56.38 USD Million in May of 2019. Imports from India in Brazil averaged 145.34 USD Million from 2014 until 2019, reaching an all time high of 675.79 USD Million in December of 2014 and a record low of 39.57 USD Million in June of 2016. Historical. Data.
Besides, How much does the US export to Brazil? In 2020, the United States’ exports to Brazil amounted to $28.2 billion or 17.8% of overall Brazilian imports. That dollar amount represents a -7.3% drop compared to 2019. By value, the 15 major product categories listed below represent 91.9% of Brazil’s imports from America.
Furthermore, What products does Brazil import?
Brazil spends most on imported products led by processed petroleum oils, crude oil, potassic fertilizers, fertilizer mixes, then automobile parts or accessories. Those 5 leading products represented over one-fifth (21.1%) of Brazil’s total imports by spending in 2022.
How much does Brazil import in 2022? Given Brazil’s population of 213.9 million people, its total $272.7 billion in 2022 imported goods translates to roughly $1,300 in yearly product demand from every person in the South American nation. That per-capita amount exceeds the average $1,050 for 2021.
Moreover, How much money does Brazil import from India? In reply to that: Imports from India in Brazil decreased to 42.61 USD Million in June from 56.38 USD Million in May of 2019. Imports from India in Brazil averaged 145.34 USD Million from 2014 until 2019, reaching an all time high of 675.79 USD Million in December of 2014 and a record low of 39.57 USD Million in June of 2016. Historical. Data.
What products does Brazil import? Brazil spends most on imported products led by processed petroleum oils, crude oil, potassic fertilizers, fertilizer mixes, then automobile parts or accessories. Those 5 leading products represented over one-fifth (21.1%) of Brazil’s total imports by spending in 2022.
How much does the US export to Brazil?
The reply will be: In 2020, the United States’ exports to Brazil amounted to $28.2 billion or 17.8% of overall Brazilian imports. That dollar amount represents a -7.3% drop compared to 2019. By value, the 15 major product categories listed below represent 91.9% of Brazil’s imports from America.
Also Know, How much does Brazil import in 2022? Answer to this: Given Brazil’s population of 213.9 million people, its total $272.7 billion in 2022 imported goods translates to roughly $1,300 in yearly product demand from every person in the South American nation. That per-capita amount exceeds the average $1,050 for 2021.