Number of the week

Trade between Brazil and Argentina has halved over the past decade

Increasing exports to Asia have undermined bilateral intercourse between the two South American giants

trade argentina
Argentina has historically been one of Brazil’s main trading partners. Photo: Tânia Rego/ABr

Welcome to “Number of the Week,” where we choose a single figure that helps understand what is going on in Brazil. This week, we discuss how trade between Brazil and Argentina has plummeted.

$16.4bn
Brazil-Argentina trade in 2020

A delegation from the Argentinian embassy this week met with Brazilian businessmen at the São Paulo Federation of Industries (Fiesp) to discuss economic relations between the two countries. At the meeting, it was noted that bilateral trade between the South American giants had grown 44 percent in October, compared to the same month last year. 

But that increase...

Access all of The Brazilian Report
Start your 7-day free trial.
Free trial