2022
Exports
$335MWorld Rnk 5 / 149
Flag Rnk 97 / 1206
2022
PRODUCT COMPLEXITY IN Ground Nuts
-2.21Rnk 1007 / 1025
2022
Imports
$2.8MWorld Rnk 90 / 201
Flag Rnk 950 / 1198
2022
ECONOMIC COMPLEXITY of Brazil
0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $335M in Ground Nuts, making it the 5th largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 97th most exported product in Brazil. The main destination of Ground Nuts exports from Brazil are: Russia ($109M), Algeria ($43.3M), Netherlands ($31.4M), United Kingdom ($20.6M), and Spain ($13.5M).

The fastest growing export markets for Ground Nuts of Brazil between 2021 and 2022 were United Kingdom ($12.9M), Turkey ($7.25M), and Poland ($6.66M).

Imports In 2022, Brazil imported $2.8M in Ground Nuts, becoming the 90th largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 950th most imported product in Brazil. Brazil imports Ground Nuts primarily from: Paraguay ($1.97M), Argentina ($686k), United Arab Emirates ($117k), United Kingdom ($27.2k), and United States ($3.97k).

The fastest growing import markets in Ground Nuts for Brazil between 2021 and 2022 were United States ($3.97k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Ground Nuts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$335M
IMPORTS (2022)$2.8M
NET TRADE (2022)$333M

In 2022, Brazil exported $335M in Ground Nuts. The main destinations of Brazil exports on Ground Nuts were Russia ($109M), Algeria ($43.3M), Netherlands ($31.4M), United Kingdom ($20.6M), and Spain ($13.5M).

In 2022, Brazil imported $2.8M in Ground Nuts, mainly from Paraguay ($1.97M), Argentina ($686k), United Arab Emirates ($117k), United Kingdom ($27.2k), and United States ($3.97k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United Kingdom$12.9M (168%)
Turkey$7.25M (292%)
Poland$6.66M (106%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY Brazil WERE (2021 - 2022):
Russia-$20.7M (-15.9%)
Ukraine-$19.3M (-66.4%)
Algeria-$8.03M (-15.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Brazil's main exporting competitors in Ground Nuts were:
In 2022, Brazil's main importing competitors in Ground Nuts were:

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Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $3.12M
TOP IMPORT POTENTIALArgentina+ $818k

Ground Nuts’s highest export potential is Vietnam. With an export gap of $3.12M.   Ground Nuts’s highest import potential is Argentina with an import gap of $818k.

See methodology.

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