Trade Report

Canada–Brazil Trade Analysis

Coverage: 2024 to 2025

Prepared on: April 03, 2026

1. Executive Summary

Canada–Brazil bilateral trade reached $14,525,851,852 in 2025, up +15.9% from $12,530,309,593 in 2024.

Key Findings:
• Ontario drove 69.3% of total growth
• nan led product growth at +15.9%
• Top 1 provinces account for roughly 80% of trade growth
• 6-month forecast indicates +2.8% change (HIGH confidence)

Strategic Priority:
Focus on the strongest provinces and highest-growth product chapters while using lower-penetration provinces as expansion targets.
[WRITE 1 SHORT EXECUTIVE PARAGRAPH HERE]

Suggested structure:
- What changed
- Why it matters
- What decision makers should do next
Figure 1.1: Executive KPI Summary

2. Market Context

[WRITE MARKET CONTEXT HERE]

Suggested ideas:
- importance of Canada-Brazil bilateral trade
- current economic context
- why this report matters now

3. Trade Overview

Figure 3.1: Total Bilateral Trade by Year
[WRITE INTERPRETATION FOR OVERVIEW HERE]

Suggested ideas:
- total trade growth or decline
- pace of change vs previous year
- whether momentum is broad-based or concentrated

Table 3.1: Trade Summary by Year

Year Exports Imports Total Trade Trade Balance
2,024 $2,298,415,977 $10,231,893,616 $12,530,309,593 $-7,933,477,639
2,025 $2,928,057,628 $11,597,794,224 $14,525,851,852 $-8,669,736,596

4. Trade Balance

Figure 4.1: Exports vs Imports
[WRITE INTERPRETATION FOR TRADE BALANCE HERE]

Suggested ideas:
- whether Canada is a net importer or exporter
- whether the imbalance is widening or narrowing
- strategic implications

5. Provincial Analysis

Figure 5.1: Provincial Growth Performance
[WRITE INTERPRETATION FOR PROVINCIAL ANALYSIS HERE]

Suggested ideas:
- concentration of growth by province
- strongest and weakest regions
- dependency risk

Table 5.1: Provincial Market Share and Growth

Province 2024 Value 2025 Value 2025 Market Share (%) Growth Rate (%)
Ontario $5,851,486,547 $7,234,393,670 49.8% 23.6%
Quebec $4,550,545,840 $4,450,882,925 30.6% -2.2%
Saskatchewan $1,169,872,885 $1,719,328,751 11.8% 47.0%
British Columbia $503,101,268 $514,093,063 3.5% 2.2%
Alberta $159,205,413 $237,607,578 1.6% 49.2%
New Brunswick $108,537,919 $144,289,591 1.0% 32.9%
Manitoba $87,576,207 $127,552,387 0.9% 45.6%
Nova Scotia $74,807,807 $65,607,491 0.5% -12.3%
Newfoundland and Labrador $22,940,722 $30,632,222 0.2% 33.5%
Prince Edward Island $1,059,104 $1,461,869 0.0% 38.0%
Nunavut $12,465 $2,305 0.0% -81.5%
Yukon $1,163,416 $0 0.0% -100.0%

6. Product Analysis

Figure 6.1: Top Growing Product Chapters
[WRITE INTERPRETATION FOR PRODUCT ANALYSIS HERE]

Suggested ideas:
- strongest product chapters
- declining sectors
- what this says about trade composition

Table 6.1: Top Growing Product Chapters

Product Chapter 2024 Value 2025 Value Growth Rate (%)
nan $12,530,309,593 $14,525,851,852 15.9%

Table 6.2: Top Declining Product Chapters

Product Chapter 2024 Value 2025 Value Growth Rate (%)
nan $12,530,309,593 $14,525,851,852 15.9%

7. Growth Contribution and Forecast

Figure 7.1: Provincial Contribution to Growth

Table 7.1: Contribution to Trade Growth

Province 2024 Value 2025 Value Change Contribution (%) Cumulative Contribution (%)
Ontario $5,851,486,547 $7,234,393,670 $1,382,907,123 69.3% 69.3%
Saskatchewan $1,169,872,885 $1,719,328,751 $549,455,866 27.5% 96.8%
Alberta $159,205,413 $237,607,578 $78,402,165 3.9% 100.8%
Manitoba $87,576,207 $127,552,387 $39,976,180 2.0% 102.8%
New Brunswick $108,537,919 $144,289,591 $35,751,672 1.8% 104.6%
British Columbia $503,101,268 $514,093,063 $10,991,795 0.6% 105.1%
Newfoundland and Labrador $22,940,722 $30,632,222 $7,691,500 0.4% 105.5%
Prince Edward Island $1,059,104 $1,461,869 $402,765 0.0% 105.5%
Nunavut $12,465 $2,305 $-10,160 -0.0% 105.5%
Yukon $1,163,416 $0 $-1,163,416 -0.1% 105.5%
[WRITE INTERPRETATION FOR GROWTH CONTRIBUTION HERE]

Suggested ideas:
- few provinces driving most growth
- concentration and resilience considerations
Figure 7.2: Monthly Trade Evolution
Figure 7.3: Historical Trade and 6-Month Forecast
[WRITE INTERPRETATION FOR FORECAST HERE]

Suggested ideas:
- expected near-term direction
- confidence level
- caution on uncertainty

Table 7.2: Forecast Values

Month Forecast Lower Bound Upper Bound
2025-12 $1,047,536,748 $987,475,848 $1,111,695,271
2026-01 $1,141,752,249 $1,081,537,503 $1,203,797,633
2026-02 $628,772,416 $565,330,382 $693,325,891
2026-03 $2,510,114,232 $2,446,293,474 $2,568,633,211
2026-04 $165,543,285 $103,223,155 $231,594,803
2026-05 $2,213,174,907 $2,152,602,507 $2,273,185,383

8. Strategic Opportunities

Figure 8.1: Ontario Top Product Chapters
[WRITE INTERPRETATION FOR OPPORTUNITIES HERE]

Suggested ideas:
- lower-penetration provinces
- Ontario-led product expansion opportunities
- areas to prioritize

Table 8.1: Product Expansion Opportunities Across Provinces

Product Chapter Highest Province Highest Value Lowest Province Lowest Value Market Gap Ratio
nan Ontario $13,085,880,217 Nunavut $14,770 885,977.00

Table 8.2: Market Concentration Snapshot

Province 2025 Value 2025 Market Share (%)
Ontario $7,234,393,670 49.8%
Quebec $4,450,882,925 30.6%
Saskatchewan $1,719,328,751 11.8%
British Columbia $514,093,063 3.5%
Alberta $237,607,578 1.6%
New Brunswick $144,289,591 1.0%
Manitoba $127,552,387 0.9%
Nova Scotia $65,607,491 0.5%
Newfoundland and Labrador $30,632,222 0.2%
Prince Edward Island $1,461,869 0.0%

9. Recommendations

[WRITE 3 TO 5 RECOMMENDATIONS HERE]

Suggested format:
• Recommendation 1
• Recommendation 2
• Recommendation 3
• Recommendation 4

10. Appendix / Technical Notes

Automated technical summary:

[OPTIONAL TECHNICAL NOTES]

Suggested ideas:
- data source assumptions
- excluded chapters
- forecasting limitations
- nominal CAD values