Copper Ore in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $2.78B in Copper Ore, making it the 9th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 21st most exported product in Brazil. The main destination of Copper Ore exports from Brazil are: Germany ($671M), China ($380M), Poland ($380M), Sweden ($351M), and Bulgaria ($267M).

The fastest growing export markets for Copper Ore of Brazil between 2021 and 2022 were Poland ($92.7M), Bulgaria ($73M), and Finland ($50.4M).

Imports In 2022, Brazil imported $150M in Copper Ore, becoming the 24th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 263rd most imported product in Brazil. Brazil imports Copper Ore primarily from: Chile ($79.8M), Serbia ($31.9M), Canada ($21.3M), Spain ($15.7M), and United States ($746k).

The fastest growing import markets in Copper Ore for Brazil between 2021 and 2022 were Serbia ($31.9M), Canada ($21.3M), and Spain ($15.7M).

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

Latest Trends

February 2024

About

Overview In February 2024 Brazil's Copper Ore exports accounted up to $190M and imports accounted up to $40, resulting in a positive trade balance of $190M. Between February 2023 and February 2024 the exports of Brazil's Copper Ore have decreased by $-59M (-23.7%) from $249M to $190M, while imports decreased by $-4.63M (-100%) from $4.63M to $40.

Destinations In February 2024, Copper Ore were exported mostly to Singapore ($60.8M), Bulgaria ($55.1M), China ($46.2M), Germany ($24.4M), and Chile ($3.17M), and were imported mostly from China ($40).

Growth In February 2024, the decrease in Copper Ore's year-by-year exports was explained primarily by a decrease in exports to Taiwan ($-1.44M or -71.2%). In February 2024, the decrease in Copper Ore's year-by-year imports was explained primarily by a decrease in imports from Chile ($-9.38M or -95.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-59M(-23.7%)

IMPORT GROWTH (November 2022 - February 2024)$-4.63M(-100%)

MAIN EXPORTER (February 2024)Pará$269M

MAIN DESTINATION (February 2024)Singapore$60.8M

This section shows Copper Ore'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 Copper Ore over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.78B

IMPORTS (2022)$150M

NET TRADE (2022)$2.63B

In 2022, Brazil exported $2.78B in Copper Ore. The main destinations of Brazil exports on Copper Ore were Germany ($671M), China ($380M), Poland ($380M), Sweden ($351M), and Bulgaria ($267M).

In 2022, Brazil imported $150M in Copper Ore, mainly from Chile ($79.8M), Serbia ($31.9M), Canada ($21.3M), Spain ($15.7M), and United States ($746k).

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