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2022
Exports $10.9MWorld Rnk 35 / 158
Flag Rnk 587 / 1206
2022
Destination $3.36M Venezuela
2021 - 2022
FASTEST GROWING MARKET $3.36MVenezuela
2022
PRODUCT COMPLEXITY IN Processed Cereals-0.77Rnk 775 / 1025
2022
Imports $1.01MWorld Rnk 117 / 218
Flag Rnk 1035 / 1198
2022
Origin $208k Argentina
2021 - 2022
FASTEST GROWING ORIGIN $208kArgentina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $10.9M in Processed Cereals, making it the 35th largest exporter of Processed Cereals in the world. At the same year, Processed Cereals was the 587th most exported product in Brazil. The main destination of Processed Cereals exports from Brazil are: Venezuela ($3.43M), Spain ($1.66M), Trinidad and Tobago ($1.61M), United States ($820k), and Cape Verde ($775k).

The fastest growing export markets for Processed Cereals of Brazil between 2021 and 2022 were Venezuela ($3.36M), Spain ($1.35M), and Cape Verde ($413k).

Imports In 2022, Brazil imported $1.01M in Processed Cereals, becoming the 117th largest importer of Processed Cereals in the world. At the same year, Processed Cereals was the 1035th most imported product in Brazil. Brazil imports Processed Cereals primarily from: Argentina ($314k), Peru ($267k), United States ($159k), Bolivia ($77.7k), and Australia ($59.4k).

The fastest growing import markets in Processed Cereals for Brazil between 2021 and 2022 were Argentina ($208k), United States ($32.7k), and Bolivia ($28.7k).

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Processed Cereals exports accounted up to $888k and imports accounted up to $57.2k, resulting in a positive trade balance of $831k. Between July 2023 and July 2024 the exports of Brazil's   Processed Cereals have increased by $162k (22.3%) from $726k to $888k, while imports increased by $9.13k (19%) from $48.1k to $57.2k.

Destinations In July 2024, Processed Cereals were exported mostly to Trinidad and Tobago ($189k), Portugal ($103k), Paraguay ($102k), South Korea ($89.6k), and Cape Verde ($66.3k), and were imported mostly from Bolivia ($40.9k), Peru ($16k), and Italy ($389).

Growth In July 2024, the increase in Processed Cereals's year-by-year exports was explained primarily by an increase in exports to United States ($52.1k or 340%), Portugal ($44k or 159%), and South Korea ($12.8k or 31.5%). In July 2024, the increase in Processed Cereals's year-by-year imports was explained primarily by an increase in imports from Argentina ($15.3k or 268%), Peru ($4.98k or 23.2%), and Germany ($665 or 71.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$162k(22.3%)
IMPORT GROWTH (July 2023 - July 2024)$9.13k(19%)
MAIN EXPORTER (July 2024)Goiás$786k
MAIN DESTINATION (July 2024)Trinidad and Tobago$189k

This section shows Processed Cereals'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 Processed Cereals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.9M
IMPORTS (2022)$1.01M
NET TRADE (2022)$9.85M

In 2022, Brazil exported $10.9M in Processed Cereals. The main destinations of Brazil exports on Processed Cereals were Venezuela ($3.43M), Spain ($1.66M), Trinidad and Tobago ($1.61M), United States ($820k), and Cape Verde ($775k).

In 2022, Brazil imported $1.01M in Processed Cereals, mainly from Argentina ($314k), Peru ($267k), United States ($159k), Bolivia ($77.7k), and Australia ($59.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Cereals EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Venezuela$3.36M (4.88k%)
Spain$1.35M (438%)
Cape Verde$413k (114%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Cereals BY Brazil WERE (2021 - 2022):
New Zealand-$350k (-99.7%)
South Korea-$326k (-88.6%)
Colombia-$212k (-83.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Processed Cereals were:
Canada $502M
Germany $183M
United States $168M
In 2022, Brazil's main importing competitors in Processed Cereals were:
United States $597M
Germany $131M
China $127M

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Trade Value of Processed Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.12M
TOP IMPORT POTENTIALArgentina+ $272k

Processed Cereals’s highest export potential is United States. With an export gap of $1.12M.   Processed Cereals’s highest import potential is Argentina with an import gap of $272k.

See methodology.

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