ASAN Macro
Source

Trade sentiment briefs

What the panel says, with the numbers attached.

Ask a question first. The answer stays on this card, and the bars use those same rows. Three sample corridors stay available underneath.

UN Comtrade annual merchandise. HS 26 minerals, HS 27 energy, HS 85 electronics, HS 61 and 62 textiles, HS 84 and 87 manufacturing. 14 flows. World Bank merchandise exports and imports (48 observations). IMF WEO current account (48 observations). Retrieved 2026-10-13T23:30:29Z. Not a forecast.

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Corridor · database tools

Summary

Brazil minerals exports to China move from $18.8B in 2022 to $21.3B in 2024 (+13.5%). The 2024 step versus 2023 is +3.0%. South Africa minerals exports to China move from $7.4B in 2022 to $8.2B in 2024 (+11.6%). The 2024 step versus 2023 is +3.4%.

Key regions and sectors

Brazil minerals exports to China move from $18.8B in 2022 to $21.3B in 2024 (+13.5%). The 2024 step versus 2023 is +3.0%. South Africa minerals exports to China move from $7.4B in 2022 to $8.2B in 2024 (+11.6%). The 2024 step versus 2023 is +3.4%.

Wider accounts

World Bank merchandise exports: Brazil $337.0B (2024); Russia $433.6B (2024); India $442.9B (2024); China $3.6T (2024); South Africa $110.1B (2024). World Bank merchandise imports: Brazil $278.0B (2024); Russia $301.6B (2024); India $718.3B (2024); China $2.6T (2024); South Africa $123.5B (2024). IMF WEO current account: Brazil -$65.3B (2024), -3.0% of GDP; Russia $63.3B (2024), +2.9% of GDP; India -$22.9B (2024), -0.6% of GDP; China $458.5B (2024), +2.4% of GDP; South Africa -$2.6B (2024), -0.7% of GDP.

So what

In this UN Comtrade slice, the filtered flows are higher over the period: Brazil minerals exports to China, South Africa minerals exports to China. That is a change in the selected HS chapters, not a full trade balance or a forecast.

What's next

The next point that would change this brief is another year of Brazil → China · Minerals · export. Until that row exists, the chart and this text describe the same database values.

Machine-generated brief. Figures come from the local trade panel and tool output; verify them against primary sources before use.

Tool trace (24)
  • list_regions · 0.66 ms
  • list_sectors · 0.38 ms
  • rag_retrieve · 0.46 ms · {"query":"BRICS minerals and energy","limit":5}
  • get_region_summary · 0.62 ms · {"region":"Brazil"}
  • get_trade_trends · 0.74 ms · {"region":"Brazil","limit":8}
  • get_macro_context · 0.78 ms · {"region":"Brazil"}
  • get_region_summary · 0.69 ms · {"region":"Russia"}
  • get_trade_trends · 0.61 ms · {"region":"Russia","limit":8}
  • get_macro_context · 0.67 ms · {"region":"Russia"}
  • get_region_summary · 0.23 ms · {"region":"India"}
  • get_trade_trends · 0.38 ms · {"region":"India","limit":8}
  • get_macro_context · 0.49 ms · {"region":"India"}
  • get_region_summary · 0.25 ms · {"region":"China"}
  • get_trade_trends · 0.4 ms · {"region":"China","limit":8}
  • get_macro_context · 0.47 ms · {"region":"China"}
  • get_region_summary · 0.22 ms · {"region":"South Africa"}
  • get_trade_trends · 0.36 ms · {"region":"South Africa","limit":8}
  • get_macro_context · 0.48 ms · {"region":"South Africa"}
  • get_sector_summary · 0.23 ms · {"sector":"Minerals"}
  • get_yoy_growth · 0.44 ms · {"sector":"Minerals","year_from":2022,"year_to":2024}
  • get_sector_summary · 0.24 ms · {"sector":"Energy"}
  • get_yoy_growth · 0.31 ms · {"sector":"Energy","year_from":2022,"year_to":2024}
  • query_trade_flows · 0.23 ms · {"reporter":"Brazil","partner":"Russia","sector":"Minerals","year_from":2022,"limit":20}
  • query_trade_flows · 0.21 ms · {"reporter":"Russia","partner":"Brazil","sector":"Minerals","year_from":2022,"limit":20}

How a brief is made

OpenAI runs a multi-turn tool loop. Ollama and Gemini receive a focus-specific tool pack, then write the brief in one call.

The sample text above is composed from those tool results so the figures match the charts. A live brief is the model's writing over the same tools.

Tools

  • list_regions
  • list_sectors
  • query_trade_flows
  • get_region_summary
  • get_sector_summary
  • get_yoy_growth
  • get_top_flows
  • get_trade_trends
  • get_macro_context
  • rag_retrieve