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2022
Exports $7.56MWorld Rnk 46 / 175
Flag Rnk 645 / 1206
2022
Destination $749k Argentina
2021 - 2022
FASTEST GROWING MARKET $749kCzechia
2022
PRODUCT COMPLEXITY IN Soups and Broths-0.5Rnk 704 / 1025
2022
Imports $2.11MWorld Rnk 127 / 223
Flag Rnk 979 / 1198
2022
Origin $170k Italy
2021 - 2022
FASTEST GROWING ORIGIN $170kChile
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $7.56M in Soups and Broths, making it the 46th largest exporter of Soups and Broths in the world. At the same year, Soups and Broths was the 645th most exported product in Brazil. The main destination of Soups and Broths exports from Brazil are: Argentina ($2.81M), Czechia ($2.7M), Uruguay ($623k), Paraguay ($309k), and United States ($163k).

The fastest growing export markets for Soups and Broths of Brazil between 2021 and 2022 were Czechia ($749k), Uruguay ($114k), and Angola ($103k).

Imports In 2022, Brazil imported $2.11M in Soups and Broths, becoming the 127th largest importer of Soups and Broths in the world. At the same year, Soups and Broths was the 979th most imported product in Brazil. Brazil imports Soups and Broths primarily from: Italy ($944k), United States ($420k), Japan ($309k), Chile ($259k), and France ($64.8k).

The fastest growing import markets in Soups and Broths for Brazil between 2021 and 2022 were Chile ($170k), Japan ($138k), and United States ($103k).

COMPANIES In 2023, leading companies such as Walmart (38) and Fred Meyer (22) were at the forefront of shipping Soups and Broths from Brazil to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Soups and Broths exports accounted up to $735k and imports accounted up to $476k, resulting in a positive trade balance of $259k. Between July 2023 and July 2024 the exports of Brazil's   Soups and Broths have increased by $52.4k (7.67%) from $683k to $735k, while imports increased by $295k (163%) from $181k to $476k.

Destinations In July 2024, Soups and Broths were exported mostly to Argentina ($547k), Uruguay ($116k), Paraguay ($30.2k), United States ($22.8k), and Colombia ($5.29k), and were imported mostly from Chile ($341k), Japan ($90.5k), Italy ($27k), United States ($10.3k), and China ($6.17k).

Growth In July 2024, the increase in Soups and Broths's year-by-year exports was explained primarily by an increase in exports to United States ($11.8k or 103%), Italy ($9.7k or 19.4k%), and Japan ($3.77k or 221%). In July 2024, the increase in Soups and Broths's year-by-year imports was explained primarily by an increase in imports from Japan ($41.9k or 121%), United States ($7.57k or 28.1%), and China ($1.51k or 117%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$52.4k(7.67%)
IMPORT GROWTH (July 2023 - July 2024)$295k(163%)
MAIN EXPORTER (July 2024)São Paulo$642k
MAIN DESTINATION (July 2024)Argentina$547k

This section shows Soups and Broths'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 Soups and Broths over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.56M
IMPORTS (2022)$2.11M
NET TRADE (2022)$5.46M

In 2022, Brazil exported $7.56M in Soups and Broths. The main destinations of Brazil exports on Soups and Broths were Argentina ($2.81M), Czechia ($2.7M), Uruguay ($623k), Paraguay ($309k), and United States ($163k).

In 2022, Brazil imported $2.11M in Soups and Broths, mainly from Italy ($944k), United States ($420k), Japan ($309k), Chile ($259k), and France ($64.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soups and Broths EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Czechia$749k (38.5%)
Uruguay$114k (22.3%)
Angola$103k (1.78k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and Broths BY Brazil WERE (2021 - 2022):
Mexico-$1.75M (-100%)
Argentina-$710k (-20.2%)
Chile-$64.5k (-33.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Soups and Broths were:
United States $701M
Germany $209M
Canada $195M
In 2022, Brazil's main importing competitors in Soups and Broths were:
United States $398M
Mexico $342M
Canada $302M

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Trade Value of Soups and Broths by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $405k
TOP IMPORT POTENTIALUnited States+ $430k

Soups and Broths’s highest export potential is United States. With an export gap of $405k.   Soups and Broths’s highest import potential is United States with an import gap of $430k.

See methodology.

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