A landlocked South American country surrounded by Brazil, Argentina and Bolivia, Paraguay shipped US$8.5 billion worth of goods around the globe in 2020. That dollar amount reflects a 0.3% gain since 2016 and an 11.5% increase from 2019 to 2020. Based on the average exchange rate for 2020, the Paraguayan guaraní has depreciated by -19.4% against the US dollar since 2016 and … [Read more...] about Paraguay’s Top 10 Exports
South America
Brazil’s Top 10 Exports
The largest country by population and land area within both South America and Latin America, Brazil shipped an estimated $209.8 billion worth of goods around the globe in 2020. That dollar amount reflects a -6.3% decline year over year from 2019 but a 13.3% increase since 2016. Based on the average exchange rate for 2020, the Brazilian real has depreciated by -47.7% against … [Read more...] about Brazil’s Top 10 Exports
Top Brazilian Trade Balances
Brazil’s overall trade surplus for all products equaled US$50.9 billion in 2020, up by 2,127% from its $2.3 billion surplus in 2013. Year over year, the $50.9 billion in black ink for 2020 reflects a 9.1% increase from the $46.7 billion surplus that Brazil generated one year earlier in 2019. Products including soya beans, iron, crude oil, sugar and frozen beef were major … [Read more...] about Top Brazilian Trade Balances
Brazil’s Top 10 Imports
Brazil imported US$158.9 billion worth of goods sourced from around the globe in 2020, up by 15.5% since 2016 but down by -10.4% from 2019 to 2020. Based on the average exchange rate for 2020, the Brazilian real has depreciated by -47.7% against the US dollar since 2016 and dropped by -30.7% from 2020 to 2020. Brazil's weaker local currency makes Brazilian imports paid for in … [Read more...] about Brazil’s Top 10 Imports
Chile’s Top 10 Imports
Chilean imports amounted to US$55.3 billion in 2020, up by 3.7% since 2016 but down by -13.7% from 2019 to 2020. Based on the average exchange rate for 2020, the Chilean peso depreciated by -17.1% against the US dollar since 2016 and declined by -12.8% from 2019 to 2020. Chile's weaker local currency makes its imports paid for in stronger US dollars relatively more expensive … [Read more...] about Chile’s Top 10 Imports