2022
Exports | Imports
$12.9B | $23BWorld Rnk 23 / 214
Flag Rnk 4 / 1206
World Rnk 13 / 225
Flag Rnk 1 / 1198
2022
ECONOMIC COMPLEXITY of Brazil
0.29Rnk 49 / 124
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 800 / 1025

About

Exports In 2022, Brazil exported $12.9B in Refined Petroleum, making it the 23rd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 4th most exported product in Brazil. The main destination of Refined Petroleum exports from Brazil are: Singapore ($5.79B), United States ($1.01B), Netherlands ($883M), Panama ($467M), and Liberia ($446M).

The fastest growing export markets for Refined Petroleum of Brazil between 2021 and 2022 were Singapore ($2.01B), Netherlands ($607M), and Argentina ($314M).

Imports In 2022, Brazil imported $23B in Refined Petroleum, becoming the 13th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Brazil. Brazil imports Refined Petroleum primarily from: United States ($12B), India ($3.51B), United Arab Emirates ($2.16B), Netherlands ($1.15B), and Russia ($1.03B).

The fastest growing import markets in Refined Petroleum for Brazil between 2021 and 2022 were United States ($4.06B), India ($2.28B), and United Arab Emirates ($1.41B).

COMPANIES In 2023, leading companies such as GOODYEAR TIRE & RUBBER CO. (61), CNH INDUSTRIAL AMERICA LLC (20), and STEVE SILVER COMPANY (5) were at the forefront of shipping Refined Petroleum from Brazil to the United States.

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$92.1M(10.7%)
IMPORT GROWTH (December 2022 - December 2023)$-743M(-29.3%)
MAIN EXPORTER (December 2023)
MAIN DESTINATION (December 2023)Singapore$247M

This section shows Refined Petroleum'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 Refined Petroleum over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.9B
IMPORTS (2022)$23B
NET TRADE (2022)-$10.1B

In 2022, Brazil exported $12.9B in Refined Petroleum. The main destinations of Brazil exports on Refined Petroleum were Singapore ($5.79B), United States ($1.01B), Netherlands ($883M), Panama ($467M), and Liberia ($446M).

In 2022, Brazil imported $23B in Refined Petroleum, mainly from United States ($12B), India ($3.51B), United Arab Emirates ($2.16B), Netherlands ($1.15B), and Russia ($1.03B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Singapore$2.01B (53.4%)
Netherlands$607M (219%)
Argentina$314M (697%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Brazil WERE (2021 - 2022):
Japan-$50.9M (-96.2%)
India-$6.22M (-55.3%)
Philippines-$1.3M (-13.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Refined Petroleum were:
In 2022, Brazil's main importing competitors in Refined Petroleum were:

Explore Visualizations

Trade Value of Refined Petroleum by Exporters

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