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2022
Exports $19MWorld Rnk 34 / 131
Flag Rnk 495 / 1206
2022
Destination $2.9M Uruguay
2021 - 2022
FASTEST GROWING MARKET $2.9MUruguay
2022
PRODUCT COMPLEXITY IN Large Coated Flat-Rolled Iron0.57Rnk 337 / 1025
2022
Imports $51.8MWorld Rnk 31 / 213
Flag Rnk 453 / 1198
2022
Origin $3.58M Germany
2021 - 2022
FASTEST GROWING ORIGIN $3.58MGermany
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $19M in Large Coated Flat-Rolled Iron, making it the 34th largest exporter of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 495th most exported product in Brazil. The main destination of Large Coated Flat-Rolled Iron exports from Brazil are: Uruguay ($6.22M), Paraguay ($3.16M), United States ($2.34M), Norway ($1.4M), and Argentina ($1.36M).

The fastest growing export markets for Large Coated Flat-Rolled Iron of Brazil between 2021 and 2022 were Uruguay ($2.9M), Norway ($1.4M), and Argentina ($792k).

Imports In 2022, Brazil imported $51.8M in Large Coated Flat-Rolled Iron, becoming the 31st largest importer of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 453rd most imported product in Brazil. Brazil imports Large Coated Flat-Rolled Iron primarily from: Germany ($12.6M), South Korea ($8.62M), China ($8.49M), Portugal ($7.64M), and United States ($3.21M).

The fastest growing import markets in Large Coated Flat-Rolled Iron for Brazil between 2021 and 2022 were Germany ($3.58M), United States ($446k), and Czechia ($430k).

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Large Coated Flat-Rolled Iron exports accounted up to $1.78M and imports accounted up to $5.51M, resulting in a negative trade balance of $3.73M. Between July 2023 and July 2024 the exports of Brazil's   Large Coated Flat-Rolled Iron have increased by $768k (75.7%) from $1.01M to $1.78M, while imports increased by $970k (21.3%) from $4.54M to $5.51M.

Destinations In July 2024, Large Coated Flat-Rolled Iron were exported mostly to United States ($741k), Uruguay ($390k), Mexico ($218k), Norway ($126k), and Slovakia ($118k), and were imported mostly from Portugal ($1.81M), Germany ($907k), South Korea ($754k), China ($627k), and United States ($399k).

Growth In July 2024, the increase in Large Coated Flat-Rolled Iron's year-by-year exports was explained primarily by an increase in exports to Chile ($35.1k or 231%). In July 2024, the increase in Large Coated Flat-Rolled Iron's year-by-year imports was explained primarily by an increase in imports from Germany ($1.05M or 141%), Portugal ($809k or 247%), and Belgium ($135k or 125%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$768k(75.7%)
IMPORT GROWTH (July 2023 - July 2024)$970k(21.3%)
MAIN EXPORTER (July 2024)São Paulo$1.34M
MAIN DESTINATION (July 2024)United States$741k

This section shows Large Coated Flat-Rolled 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 Large Coated Flat-Rolled Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$19M
IMPORTS (2022)$51.8M
NET TRADE (2022)-$32.8M

In 2022, Brazil exported $19M in Large Coated Flat-Rolled Iron. The main destinations of Brazil exports on Large Coated Flat-Rolled Iron were Uruguay ($6.22M), Paraguay ($3.16M), United States ($2.34M), Norway ($1.4M), and Argentina ($1.36M).

In 2022, Brazil imported $51.8M in Large Coated Flat-Rolled Iron, mainly from Germany ($12.6M), South Korea ($8.62M), China ($8.49M), Portugal ($7.64M), and United States ($3.21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Coated Flat-Rolled Iron EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Uruguay$2.9M (87.4%)
Norway$1.4M (1%)
Argentina$792k (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Coated Flat-Rolled Iron BY Brazil WERE (2021 - 2022):
Italy-$1.43M (-55.2%)
Chile-$317k (-84.8%)
Canada-$258k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Large Coated Flat-Rolled Iron were:
China $1B
Germany $993M
United States $429M
In 2022, Brazil's main importing competitors in Large Coated Flat-Rolled Iron were:
Germany $519M
France $505M
United States $385M

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Trade Value of Large Coated Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.77M
TOP IMPORT POTENTIALChina+ $6.72M

Large Coated Flat-Rolled Iron’s highest export potential is United States. With an export gap of $1.77M.   Large Coated Flat-Rolled Iron’s highest import potential is China with an import gap of $6.72M.

See methodology.

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