Buckwheat in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $2.72M in Buckwheat, making it the 41st largest exporter of Buckwheat in the world. At the same year, Buckwheat was the 796th most exported product in Brazil. The main destination of Buckwheat exports from Brazil are: Japan ($2.12M), Argentina ($167k), Bulgaria ($134k), Paraguay ($117k), and Canada ($86.5k).

The fastest growing export markets for Buckwheat of Brazil between 2021 and 2022 were Japan ($614k), Bulgaria ($134k), and Paraguay ($97.5k).

Imports In 2022, Brazil imported $16.3M in Buckwheat, becoming the 16th largest importer of Buckwheat in the world. At the same year, Buckwheat was the 681st most imported product in Brazil. Brazil imports Buckwheat primarily from: Argentina ($12M), Peru ($1.79M), Canada ($708k), Bulgaria ($671k), and United States ($484k).

The fastest growing import markets in Buckwheat for Brazil between 2021 and 2022 were Bolivia ($344k), Argentina ($311k), and United States ($53.3k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Buckwheat from Brazil to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Brazil's Buckwheat exports accounted up to $304k and imports accounted up to $1.45M, resulting in a negative trade balance of $1.15M. Between February 2023 and February 2024 the exports of Brazil's Buckwheat have decreased by $-29.8k (-8.93%) from $334k to $304k, while imports increased by $232k (19.1%) from $1.22M to $1.45M.

Destinations In February 2024, Buckwheat were exported mostly to Japan ($196k), Paraguay ($66.6k), Colombia ($39.5k), Liberia ($396), and Marshall Islands ($359), and were imported mostly from Argentina ($1.03M), Bolivia ($241k), Peru ($139k), United States ($22.5k), and China ($8.24k).

Growth In February 2024, the decrease in Buckwheat's year-by-year exports was explained primarily by a decrease in exports to Panama ($-353 or -62.4%), Malta ($-114 or -30.6%), and Liberia ($-83 or -16.7%). In February 2024, the increase in Buckwheat's year-by-year imports was explained primarily by an increase in imports from Argentina ($419k or 96.2%) and Canada ($2.51k or 7.73%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-29.8k(-8.93%)

IMPORT GROWTH (February 2023 - February 2024)$232k(19.1%)

MAIN EXPORTER (February 2024)Paraná$277k

MAIN DESTINATION (February 2024)Japan$196k

This section shows Buckwheat'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 Buckwheat over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.72M

IMPORTS (2022)$16.3M

NET TRADE (2022)-$13.6M

In 2022, Brazil exported $2.72M in Buckwheat. The main destinations of Brazil exports on Buckwheat were Japan ($2.12M), Argentina ($167k), Bulgaria ($134k), Paraguay ($117k), and Canada ($86.5k).

In 2022, Brazil imported $16.3M in Buckwheat, mainly from Argentina ($12M), Peru ($1.79M), Canada ($708k), Bulgaria ($671k), and United States ($484k).

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