2022
Exports
$171MWorld Rnk 46 / 212
Flag Rnk 164 / 1206
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$27.2MWorld Rnk 59 / 187
Flag Rnk 586 / 1198
2022
ECONOMIC COMPLEXITY of Brazil
0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $171M in Scrap Iron, making it the 46th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 164th most exported product in Brazil. The main destination of Scrap Iron exports from Brazil are: Bangladesh ($59.1M), India ($50.6M), Chinese Taipei ($12.4M), Spain ($8.77M), and United Arab Emirates ($6.25M).

The fastest growing export markets for Scrap Iron of Brazil between 2021 and 2022 were Chinese Taipei ($9.22M), Spain ($3.6M), and Belgium ($3.58M).

Imports In 2022, Brazil imported $27.2M in Scrap Iron, becoming the 59th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 586th most imported product in Brazil. Brazil imports Scrap Iron primarily from: Germany ($8.86M), Paraguay ($6.9M), United States ($3.22M), Bolivia ($2.97M), and Spain ($1.9M).

The fastest growing import markets in Scrap Iron for Brazil between 2021 and 2022 were Paraguay ($3.55M), Germany ($766k), and Australia ($371k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$12.4M(57.4%)
IMPORT GROWTH (July 2023 - July 2024)$-276k(-38.4%)
MAIN EXPORTER (July 2024)São Paulo$12.5M
MAIN DESTINATION (July 2024)India$17.3M

This section shows Scrap Iron's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Scrap Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$171M
IMPORTS (2022)$27.2M
NET TRADE (2022)$144M

In 2022, Brazil exported $171M in Scrap Iron. The main destinations of Brazil exports on Scrap Iron were Bangladesh ($59.1M), India ($50.6M), Chinese Taipei ($12.4M), Spain ($8.77M), and United Arab Emirates ($6.25M).

In 2022, Brazil imported $27.2M in Scrap Iron, mainly from Germany ($8.86M), Paraguay ($6.9M), United States ($3.22M), Bolivia ($2.97M), and Spain ($1.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Chinese Taipei$9.22M (292%)
Spain$3.6M (69.6%)
Belgium$3.58M (233%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Brazil WERE (2021 - 2022):
Pakistan-$49.4M (-90%)
Bangladesh-$22.8M (-27.8%)
India-$15.5M (-23.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Scrap Iron were:
In 2022, Brazil's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

Explore Visualizations

Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $22.3M
TOP IMPORT POTENTIALUnited States+ $4.18M

Scrap Iron’s highest export potential is India. With an export gap of $22.3M.   Scrap Iron’s highest import potential is United States with an import gap of $4.18M.

See methodology.

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