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2022
Exports $2.78BWorld Rnk 9 / 110
Flag Rnk 21 / 1206
2022
Destination $92.7M Germany
2021 - 2022
FASTEST GROWING MARKET $92.7MPoland
2022
PRODUCT COMPLEXITY IN Copper Ore-1.94Rnk 995 / 1025
2022
Imports $150MWorld Rnk 24 / 117
Flag Rnk 263 / 1198
2022
Origin $31.9M Chile
2021 - 2022
FASTEST GROWING ORIGIN $31.9MSerbia
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

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).

Latest Trends

May 2024

About

Overview In May 2024 Brazil's Copper Ore exports accounted up to $317M and imports accounted up to $68, resulting in a positive trade balance of $317M. Between May 2023 and May 2024 the exports of Brazil's   Copper Ore have increased by $170M (116%) from $147M to $317M, while imports decreased by $-8.08M (-100%) from $8.08M to $68.

Destinations In May 2024, Copper Ore were exported mostly to Bulgaria ($84.8M), Poland ($56.1M), Spain ($51M), China ($48.4M), and Chinese Taipei ($36.3M), and were imported mostly from Spain ($68).

Growth In May 2024, the increase in Copper Ore's year-by-year exports was explained primarily by an increase in exports to China ($29.6M or 1.37k%), Finland ($20.6M or 2.06M%), and Germany ($11.1M or 41.8%). In May 2024, the decrease in Copper Ore's year-by-year imports was explained primarily by a decrease in imports from Chile ($-9.38M or -95.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)$170M(116%)
IMPORT GROWTH (December 2022 - May 2024)$-8.08M(-100%)
MAIN EXPORTER (May 2024)Pará$295M
MAIN DESTINATION (May 2024)Bulgaria$84.8M

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
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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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Poland$92.7M (32.3%)
Bulgaria$73M (37.6%)
Finland$50.4M (25.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Brazil WERE (2021 - 2022):
Spain-$176M (-51%)
Germany-$142M (-17.4%)
South Korea-$116M (-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 Copper Ore were:
Chile $22.8B
Peru $13.5B
Indonesia $8.89B
In 2022, Brazil's main importing competitors in Copper Ore were:
China $50.5B
Japan $12.4B
South Korea $6.27B

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $347M
TOP IMPORT POTENTIALChile+ $36.2M

Copper Ore’s highest export potential is China. With an export gap of $347M.   Copper Ore’s highest import potential is Chile with an import gap of $36.2M.

See methodology.

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