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2022
Exports $20.8MWorld Rnk 28 / 123
Flag Rnk 471 / 1206
2022
Destination $5.33M Argentina
2021 - 2022
FASTEST GROWING MARKET $5.33MDominican Republic
2022
PRODUCT COMPLEXITY IN Petroleum Resins1.53Rnk 46 / 1025
2022
Imports $200MWorld Rnk 14 / 197
Flag Rnk 211 / 1198
2022
Origin $25.3M United States
2021 - 2022
FASTEST GROWING ORIGIN $25.3MChina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $20.8M in Petroleum Resins, making it the 28th largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 471st most exported product in Brazil. The main destination of Petroleum Resins exports from Brazil are: Argentina ($6.54M), Dominican Republic ($5.34M), United States ($2.32M), Chile ($872k), and Belgium ($852k).

The fastest growing export markets for Petroleum Resins of Brazil between 2021 and 2022 were Dominican Republic ($5.33M), Argentina ($3.12M), and United States ($785k).

Imports In 2022, Brazil imported $200M in Petroleum Resins, becoming the 14th largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 211th most imported product in Brazil. Brazil imports Petroleum Resins primarily from: United States ($61.8M), China ($59.1M), Germany ($22.8M), Thailand ($16.3M), and Mexico ($9.06M).

The fastest growing import markets in Petroleum Resins for Brazil between 2021 and 2022 were China ($25.3M), United States ($11.6M), and Thailand ($5.32M).

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Petroleum Resins exports accounted up to $1.58M and imports accounted up to $14.7M, resulting in a negative trade balance of $13.1M. Between July 2023 and July 2024 the exports of Brazil's   Petroleum Resins have increased by $47.6k (3.11%) from $1.53M to $1.58M, while imports increased by $2.8M (23.5%) from $11.9M to $14.7M.

Destinations In July 2024, Petroleum Resins were exported mostly to Belgium ($489k), Argentina ($448k), Mexico ($247k), United States ($115k), and Malaysia ($58.4k), and were imported mostly from China ($5.53M), United States ($3.77M), Mexico ($1.61M), France ($727k), and South Korea ($708k).

Growth In July 2024, the increase in Petroleum Resins's year-by-year exports was explained primarily by an increase in exports to Chile ($167k or 6.48k%), Argentina ($139k or 81.8%), and Paraguay ($50.2k or 230%). In July 2024, the increase in Petroleum Resins's year-by-year imports was explained primarily by an increase in imports from United States ($1.11M or 29.2%), Mexico ($396k or 76.8%), and South Korea ($172k or 53.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$47.6k(3.11%)
IMPORT GROWTH (July 2023 - July 2024)$2.8M(23.5%)
MAIN EXPORTER (July 2024)São Paulo$1.48M
MAIN DESTINATION (July 2024)Belgium$489k

This section shows Petroleum Resins'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 Petroleum Resins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$20.8M
IMPORTS (2022)$200M
NET TRADE (2022)-$179M

In 2022, Brazil exported $20.8M in Petroleum Resins. The main destinations of Brazil exports on Petroleum Resins were Argentina ($6.54M), Dominican Republic ($5.34M), United States ($2.32M), Chile ($872k), and Belgium ($852k).

In 2022, Brazil imported $200M in Petroleum Resins, mainly from United States ($61.8M), China ($59.1M), Germany ($22.8M), Thailand ($16.3M), and Mexico ($9.06M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Dominican Republic$5.33M (53.5k%)
Argentina$3.12M (90.9%)
United States$785k (51.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY Brazil WERE (2021 - 2022):
Spain-$252k (-76.6%)
Egypt-$234k (-100%)
Peru-$201k (-34.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Petroleum Resins were:
United States $1.31B
China $1.28B
Germany $1.24B
In 2022, Brazil's main importing competitors in Petroleum Resins were:
China $901M
United States $662M
Germany $510M

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Trade Value of Petroleum Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.9M
TOP IMPORT POTENTIALGermany+ $5.08M

Petroleum Resins’s highest export potential is United States. With an export gap of $1.9M.   Petroleum Resins’s highest import potential is Germany with an import gap of $5.08M.

See methodology.

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