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2022
Exports $136MWorld Rnk 6 / 93
Flag Rnk 192 / 1206
2022
Destination $78.7M United States
2021 - 2022
FASTEST GROWING MARKET $78.7MUnited States
2022
PRODUCT COMPLEXITY IN Bovine, Sheep, and Goat Fat-0.5Rnk 698 / 1025
2022
Imports $89.7MWorld Rnk 8 / 156
Flag Rnk 338 / 1198
2022
Origin $15M Paraguay
2021 - 2022
FASTEST GROWING ORIGIN $15MParaguay
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $136M in Bovine, Sheep, and Goat Fat, making it the 6th largest exporter of Bovine, Sheep, and Goat Fat in the world. At the same year, Bovine, Sheep, and Goat Fat was the 192nd most exported product in Brazil. The main destination of Bovine, Sheep, and Goat Fat exports from Brazil are: United States ($92M), China ($29.1M), Hong Kong ($4.14M), Egypt ($2M), and Saudi Arabia ($1.92M).

The fastest growing export markets for Bovine, Sheep, and Goat Fat of Brazil between 2021 and 2022 were United States ($78.7M), China ($15.7M), and Hong Kong ($3.6M).

Imports In 2022, Brazil imported $89.7M in Bovine, Sheep, and Goat Fat, becoming the 8th largest importer of Bovine, Sheep, and Goat Fat in the world. At the same year, Bovine, Sheep, and Goat Fat was the 338th most imported product in Brazil. Brazil imports Bovine, Sheep, and Goat Fat primarily from: Paraguay ($58.8M), Uruguay ($21.9M), Bolivia ($4.85M), Argentina ($4.19M), and United States ($2.5k).

The fastest growing import markets in Bovine, Sheep, and Goat Fat for Brazil between 2021 and 2022 were Paraguay ($15M), Uruguay ($5.6M), and Bolivia ($3.32M).

Latest Trends

August 2024

About

Overview In August 2024 Brazil's Bovine, Sheep, and Goat Fat exports accounted up to $58.6M and imports accounted up to $3.46M, resulting in a positive trade balance of $55.1M. Between August 2023 and August 2024 the exports of Brazil's   Bovine, Sheep, and Goat Fat have increased by $35.8M (158%) from $22.7M to $58.6M, while imports increased by $603k (21.1%) from $2.86M to $3.46M.

Destinations In August 2024, Bovine, Sheep, and Goat Fat were exported mostly to United States ($53.5M), China ($2.94M), Egypt ($797k), South Africa ($466k), and Malaysia ($125k), and were imported mostly from Paraguay ($2.49M), Bolivia ($752k), and Uruguay ($219k).

Growth In August 2024, the increase in Bovine, Sheep, and Goat Fat's year-by-year exports was explained primarily by an increase in exports to China ($921k or 62.6%), Malaysia ($320k or 645%), and South Africa ($54.7k or 170%). In August 2024, the increase in Bovine, Sheep, and Goat Fat's year-by-year imports was explained primarily by an increase in imports from Argentina ($1.6M or 1.22k%) and Paraguay ($579k or 18.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$35.8M(158%)
IMPORT GROWTH (August 2023 - August 2024)$603k(21.1%)
MAIN EXPORTER (August 2024)São Paulo$15.1M
MAIN DESTINATION (August 2024)United States$53.5M

This section shows Bovine, Sheep, and Goat Fat'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, Sheep, and Goat Fat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$136M
IMPORTS (2022)$89.7M
NET TRADE (2022)$46.2M

In 2022, Brazil exported $136M in Bovine, Sheep, and Goat Fat. The main destinations of Brazil exports on Bovine, Sheep, and Goat Fat were United States ($92M), China ($29.1M), Hong Kong ($4.14M), Egypt ($2M), and Saudi Arabia ($1.92M).

In 2022, Brazil imported $89.7M in Bovine, Sheep, and Goat Fat, mainly from Paraguay ($58.8M), Uruguay ($21.9M), Bolivia ($4.85M), Argentina ($4.19M), and United States ($2.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bovine, Sheep, and Goat Fat EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United States$78.7M (592%)
China$15.7M (117%)
Hong Kong$3.6M (671%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine, Sheep, and Goat Fat BY Brazil WERE (2021 - 2022):
South Africa-$848k (-31%)
Vietnam-$196k (-100%)
Australia-$185k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Bovine, Sheep, and Goat Fat were:
Australia $683M
Canada $450M
United States $393M
In 2022, Brazil's main importing competitors in Bovine, Sheep, and Goat Fat were:
United States $1.04B
Singapore $575M
Netherlands $225M

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Trade Value of Bovine, Sheep, and Goat Fat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.18M
TOP IMPORT POTENTIALArgentina+ $2.59M

Bovine, Sheep, and Goat Fat’s highest export potential is China. With an export gap of $3.18M.   Bovine, Sheep, and Goat Fat’s highest import potential is Argentina with an import gap of $2.59M.

See methodology.

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