2022
Exports
$97kWorld Rnk 61 / 89
Flag Rnk 1097 / 1206
2022
PRODUCT COMPLEXITY IN Iron Reductions
-1.54Rnk 951 / 1025
2022
Imports
$357kWorld Rnk 62 / 144
Flag Rnk 1107 / 1198
2022
ECONOMIC COMPLEXITY of Brazil
0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $97k in Iron Reductions, making it the 61st largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 1097th most exported product in Brazil. The main destination of Iron Reductions exports from Brazil are: Czechia ($85.5k), Paraguay ($9.11k), United States ($2.26k), and Marshall Islands ($149).

The fastest growing export markets for Iron Reductions of Brazil between 2021 and 2022 were Czechia ($85.5k), Paraguay ($7.94k), and Marshall Islands ($149).

Imports In 2022, Brazil imported $357k in Iron Reductions, becoming the 62nd largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 1107th most imported product in Brazil. Brazil imports Iron Reductions primarily from: China ($331k), United States ($18.4k), Italy ($3.69k), Japan ($3.64k), and Germany ($165).

The fastest growing import markets in Iron Reductions for Brazil between 2021 and 2022 were United States ($18.3k), Italy ($3.69k), and United Kingdom ($85).

COMPANIES In 2023, leading companies such as Volvo (1) were at the forefront of shipping Iron Reductions from Brazil to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2022 - July 2024)$8.75k(8.93k%)
IMPORT GROWTH (February 2023 - June 2024)$5.89k(19.3%)
MAIN EXPORTER (July 2024)Rio Grande Do Sul$8.85k
MAIN DESTINATION (July 2024)Paraguay$8.85k

This section shows Iron Reductions'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 Iron Reductions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$97k
IMPORTS (2022)$357k
NET TRADE (2022)-$260k

In 2022, Brazil exported $97k in Iron Reductions. The main destinations of Brazil exports on Iron Reductions were Czechia ($85.5k), Paraguay ($9.11k), United States ($2.26k), and Marshall Islands ($149).

In 2022, Brazil imported $357k in Iron Reductions, mainly from China ($331k), United States ($18.4k), Italy ($3.69k), Japan ($3.64k), and Germany ($165).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Czechia$85.5k (1%)
Paraguay$7.94k (682%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Brazil WERE (2021 - 2022):
Saudi Arabia-$81M (-100%)
Germany-$8.78k (-100%)
United States-$3.24k (-58.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Iron Reductions were:
In 2022, Brazil's main importing competitors in Iron Reductions were:

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10k
TOP IMPORT POTENTIALUnited States+ $42.7k

Iron Reductions’s highest export potential is United States. With an export gap of $10k.   Iron Reductions’s highest import potential is United States with an import gap of $42.7k.

See methodology.

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