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2018
Exports $28.9MWorld Rnk 16 / 104
Flag Rnk 424 / 1206
2018
Destination $27.8M Belgium
2021 - 2022
FASTEST GROWING MARKET $27.8MBelgium
2022
PRODUCT COMPLEXITY IN Stainless Steel Ingots1.08Rnk 143 / 1025
2018
Imports $1.38MWorld Rnk 53 / 180
Flag Rnk 1011 / 1198
2018
Origin $170k United States
2021 - 2022
FASTEST GROWING ORIGIN $170kBelgium
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2018, Brazil exported $28.9M in Stainless Steel Ingots, making it the 16th largest exporter of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 424th most exported product in Brazil. The main destination of Stainless Steel Ingots exports from Brazil are: Belgium ($27.8M), China ($583k), Canada ($148k), Germany ($120k), and Sweden ($97.7k).

The fastest growing export markets for Stainless Steel Ingots of Brazil between 2021 and 2022 were Belgium ($27.8M), China ($497k), and Germany ($120k).

Imports In 2022, Brazil imported $1.38M in Stainless Steel Ingots, becoming the 53rd largest importer of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 1011th most imported product in Brazil. Brazil imports Stainless Steel Ingots primarily from: United States ($501k), Belgium ($258k), China ($214k), Sweden ($73.4k), and Norway ($47.5k).

The fastest growing import markets in Stainless Steel Ingots for Brazil between 2021 and 2022 were Belgium ($170k), Singapore ($46.9k), and United States ($44.8k).

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Stainless Steel Ingots exports accounted up to $182k and imports accounted up to $206k, resulting in a negative trade balance of $24.3k. Between July 2023 and July 2024 the exports of Brazil's   Stainless Steel Ingots have increased by $129k (245%) from $52.6k to $182k, while imports increased by $21.8k (11.9%) from $184k to $206k.

Destinations In July 2024, Stainless Steel Ingots were exported mostly to United States ($152k), United Kingdom ($20k), Sweden ($6.43k), Ecuador ($949), and Uruguay ($731), and were imported mostly from Belgium ($123k), San Marino ($25.4k), Germany ($16k), China ($15.2k), and Brazil ($10.6k).

Growth In July 2024, the increase in Stainless Steel Ingots's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the increase in Stainless Steel Ingots's year-by-year imports was explained primarily by an increase in imports from Belgium ($103k or 196%), China ($17.9k or 374%), and Japan ($3.63k or 113%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$129k(245%)
IMPORT GROWTH (July 2023 - July 2024)$21.8k(11.9%)
MAIN EXPORTER (July 2024)São Paulo$233k
MAIN DESTINATION (July 2024)United States$152k

This section shows Stainless Steel Ingots'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 Stainless Steel Ingots over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28.9M
IMPORTS (2022)$1.38M
NET TRADE (2022)$27.6M

In 2022, Brazil exported $28.9M in Stainless Steel Ingots. The main destinations of Brazil exports on Stainless Steel Ingots were Belgium ($27.8M), China ($583k), Canada ($148k), Germany ($120k), and Sweden ($97.7k).

In 2022, Brazil imported $1.38M in Stainless Steel Ingots, mainly from United States ($501k), Belgium ($258k), China ($214k), Sweden ($73.4k), and Norway ($47.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Ingots EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Belgium$27.8M (1%)
China$497k (576%)
Germany$120k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Ingots BY Brazil WERE (2021 - 2022):
Canada-$182k (-55.1%)
India-$17.5k (-100%)
Saudi Arabia-$8.8k (-36.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Stainless Steel Ingots were:
Indonesia $4.21B
United Kingdom $805M
Sweden $298M
In 2022, Brazil's main importing competitors in Stainless Steel Ingots were:
China $3.12B
India $641M
Sweden $541M

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Trade Value of Stainless Steel Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.39M
TOP IMPORT POTENTIALUnited Kingdom+ $117k

Stainless Steel Ingots’s highest export potential is China. With an export gap of $1.39M.   Stainless Steel Ingots’s highest import potential is United Kingdom with an import gap of $117k.

See methodology.

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