
Although United States is the world’s number two exporter with global shipments valued over 7 times higher than those for 24th-place Brazil, that doesn’t mean that Brazil is devoid of competitive advantages doing business with its bigger international trade rival.
Sure, United States maintains many profitable relationships encompassing a wide range of goods that it ships to its Brazilian customers. Less well-known is the fact that, rich in raw resources, Brazil still enjoys significant trade product strengths that result in counterbalancing positive cashflows from United States.
- US Top 10
- Brazil Top 10
- The Winner Is
US Top 10
American Product Advantages Versus Brazil
Below are the top 10 goods for which the US enjoyed a higher dollar value from its exports to Brazil after subtracting what it spent on Brazilian imports for those same types of products. Technically, a country’s exports minus imports is known as “net exports” which can be a positive amount (indicating a surplus) or a negative number (indicating a deficit).
- Processed petroleum oils: US$4.1 billion surplus win for the US
- Phone system devices: $1.1 billion
- Petroleum gases: $960.6 million
- Medication mixes in dosage: $959.4 million
- Integrated circuits/microassemblies: $952.2 million
- Packaged insecticides/fungicides/herbicides: $926.3 million
- Computers, optical readers: $824.1 million
- Electro-medical equipment (e.g. xrays): $820.9 million
- Coal, solid fuels made from coal: $800.7 million
- Wheat: $744.7 million
Among these, wheat (up 5,466%) and petroleum gases (up 354.8%) grew their net revenues for United States from export sales to Brazil by the highest percentages from 2012 to 2014.
Brazil Top 10
The Winner Is
See also United States Top 10 Exports, Highest Value American Export Products, Brazilian Major Product Supply Advantages and Brazil’s Top Import Partners
Research Sources:
The World Factbook, Country Profiles, Central Intelligence Agency. Accessed on January 14, 2016
International Trade Centre, Trade Map. Accessed on January 14, 2016
Investopedia, Net Exports Definition. Accessed on January 14, 2016
Watch on YouTube Trade Wars: USA vs Brazil