Bovine Meat in Brazil 2021 Exports | Imports : $1.07B | $132M, World Rnk 10 / 121 Rnk 35 / 1202 | World Rnk 30 / 212 Rnk 270 / 1196
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $151M | $29M, Chile | Paraguay
2021 ECONOMIC COMPLEXITY of Brazil: 0.33, Rnk 49 / 131
2021 PRODUCT COMPLEXITY IN Bovine Meat: -0.61, Rnk 731 / 1029
Exports In 2021, Brazil exported $1.07B in Bovine Meat, making it the 10th largest exporter of Bovine Meat in the world. At the same year, Bovine Meat was the 35th most exported product in Brazil. The main destination of Bovine Meat exports from Brazil are: Chile ($462M), Uruguay ($96.1M), Netherlands ($94.8M), Saudi Arabia ($61.4M), and Saint Lucia ($61.2M).
The fastest growing export markets for Bovine Meat of Brazil between 2020 and 2021 were Chile ($151M), Netherlands ($33.1M), and Israel ($30.9M).
Imports In 2021, Brazil imported $132M in Bovine Meat, becoming the 30th largest importer of Bovine Meat in the world. At the same year, Bovine Meat was the 270th most imported product in Brazil. Brazil imports Bovine Meat primarily from: Paraguay ($103M), Uruguay ($14.8M), Argentina ($14.7M), United States ($265k), and Australia ($65.7k).
The fastest growing import markets in Bovine Meat for Brazil between 2020 and 2021 were Paraguay ($29M), Uruguay ($818k), and United States ($255k).
Tariffs In 2017, the average tariff for Brazil in Bovine Meat was 9.97%. The countries with the highest import tariffs for Bovine Meat were Guyana (Most Favoured Nation duty rate treatment, 10.5%), Angola (Most Favoured Nation duty rate treatment, 10.4%), Burundi (Most Favoured Nation duty rate treatment, 10.4%), Benin (Most Favoured Nation duty rate treatment, 10.4%), and Burkina Faso (Most Favoured Nation duty rate treatment, 10.4%).
March 2023
Overview In March 2023 Brazil's Bovine Meat exports accounted up to $75.3M and imports accounted up to $9.18M, resulting in a positive trade balance of $66.1M. Between March 2022 and March 2023 the exports of Brazil's Bovine Meat have increased by $6.07M (8.77%) from $69.2M to $75.3M, while imports decreased by $-5.29M (-36.6%) from $14.5M to $9.18M.
Destinations In March 2023, Bovine Meat were exported mostly to Chile ($27.8M), Uruguay ($15.4M), Netherlands ($6.74M), Saudi Arabia ($5.44M), and United Arab Emirates ($4.75M), and were imported mostly from Paraguay ($6.57M), Argentina ($1.41M), and Uruguay ($1.2M).
Growth In March 2023, the increase in Bovine Meat's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates ($2.74M or 115%), Lebanon ($1.09M or 112%), and United Kingdom ($832k or 586%). In March 2023, the decrease in Bovine Meat's year-by-year imports was explained primarily by a decrease in imports from Argentina ($-81.5k or -6.13%).
EXPORT GROWTH (March 2022 - March 2023): $6.07M, (8.77%)
IMPORT GROWTH (March 2022 - March 2023): $-5.29M, (-36.6%)
MAIN EXPORTER (March 2023): Mato Grosso, $18.4M
MAIN DESTINATION (March 2023): Chile, $27.8M
This section shows Bovine Meat'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 Bovine Meat over time.
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EXPORTS (2021): $1.07B
IMPORTS (2021): $132M
NET TRADE (2021): $933M
In 2021, Brazil exported $1.07B in Bovine Meat. The main destinations of Brazil exports on Bovine Meat were Chile ($462M), Uruguay ($96.1M), Netherlands ($94.8M), Saudi Arabia ($61.4M), and Saint Lucia ($61.2M).
In 2021, Brazil imported $132M in Bovine Meat, mainly from Paraguay ($103M), Uruguay ($14.8M), Argentina ($14.7M), United States ($265k), and Australia ($65.7k).
THE FASTEST GROWING Bovine Meat EXPORT MARKETS FOR Brazil WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine Meat BY Brazil WERE (2020 - 2021):
In 2021, Brazil's main exporting competitors in Bovine Meat were:
In 2021, Brazil's main importing competitors in Bovine Meat were:
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