2022
Exports
$1.25MWorld Rnk 81 / 152
Flag Rnk 883 / 1206
2022
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.22Rnk 622 / 1025
2022
Imports
$13.1MWorld Rnk 62 / 219
Flag Rnk 720 / 1198
2022
ECONOMIC COMPLEXITY of Brazil
0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $1.25M in Fermented Milk Products, making it the 81st largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 883rd most exported product in Brazil. The main destination of Fermented Milk Products exports from Brazil are: Uruguay ($645k), United States ($90.2k), Marshall Islands ($80.6k), Panama ($72.3k), and Liberia ($54.9k).

The fastest growing export markets for Fermented Milk Products of Brazil between 2021 and 2022 were Paraguay ($54.6k), Panama ($35.5k), and Uruguay ($28.4k).

Imports In 2022, Brazil imported $13.1M in Fermented Milk Products, becoming the 62nd largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 720th most imported product in Brazil. Brazil imports Fermented Milk Products primarily from: Uruguay ($11.8M), Argentina ($1.28M), Italy ($39.6k), United States ($9.65k), and Turkey ($24).

The fastest growing import markets in Fermented Milk Products for Brazil between 2021 and 2022 were Uruguay ($3.77M), Argentina ($133k), and Italy ($30.2k).

COMPANIES In 2023, leading companies such as Goya Foods (1) were at the forefront of shipping Fermented Milk Products from Brazil to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-20.6k(-14.8%)
IMPORT GROWTH (May 2023 - July 2024)$-1.44M(-87.3%)
MAIN EXPORTER (July 2024)Minas Gerais$61.5k
MAIN DESTINATION (July 2024)Uruguay$65.9k

This section shows Fermented Milk Products'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 Fermented Milk Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.25M
IMPORTS (2022)$13.1M
NET TRADE (2022)-$11.9M

In 2022, Brazil exported $1.25M in Fermented Milk Products. The main destinations of Brazil exports on Fermented Milk Products were Uruguay ($645k), United States ($90.2k), Marshall Islands ($80.6k), Panama ($72.3k), and Liberia ($54.9k).

In 2022, Brazil imported $13.1M in Fermented Milk Products, mainly from Uruguay ($11.8M), Argentina ($1.28M), Italy ($39.6k), United States ($9.65k), and Turkey ($24).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Paraguay$54.6k (1%)
Panama$35.5k (96.4%)
Uruguay$28.4k (4.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Brazil WERE (2021 - 2022):
France-$1.76k (-80.5%)
Poland-$1.08k (-100%)
Turkey-$641 (-24.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Fermented Milk Products were:
In 2022, Brazil's main importing competitors in Fermented Milk Products were:

Explore Visualizations

Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $133k
TOP IMPORT POTENTIALItaly+ $70.5k

Fermented Milk Products’s highest export potential is United States. With an export gap of $133k.   Fermented Milk Products’s highest import potential is Italy with an import gap of $70.5k.

See methodology.

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