HS Icon Crude Petroleum in  Flag Brazil

2020
Exports | Imports
: $19.8B | $2.36B, World Rnk 11 / 132
Flag Rnk 3 / 1202 | World Rnk 31 / 145
Flag Rnk 14 / 1194

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $647M | $18.4M, Portugal |  Argentina


ECONOMIC COMPLEXITY of Brazil
: 0.44, Rnk 47 / 127


PRODUCT COMPLEXITY  IN Crude Petroleum
: -2.82, Rnk 1028 / 1028

Exports In 2020, Brazil exported $19.8B in Crude Petroleum, making it the 11th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 3rd most exported product in Brazil. The main destination of Crude Petroleum exports from Brazil are: China ($11.4B), United States ($1.37B), India ($1.22B), Spain ($1.03B), and Portugal ($924M).

The fastest growing export markets for Crude Petroleum of Brazil between 2019 and 2020 were Portugal ($647M), South Korea ($541M), and Singapore ($345M).

Imports In 2020, Brazil imported $2.36B in Crude Petroleum, becoming the 31st largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 14th most imported product in Brazil. Brazil imports Crude Petroleum primarily from: Saudi Arabia ($866M), United States ($729M), Nigeria ($313M), Algeria ($251M), and Iraq ($92.3M).

The fastest growing import markets in Crude Petroleum for Brazil between 2019 and 2020 were Argentina ($18.4M), Angola ($16.1M), and Peru ($2.66M).

June 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (June 2021 - June 2022): $-112M, (-2.99%)

IMPORT GROWTH (June 2021 - June 2022): $581M, (183%)

MAIN EXPORTER (June 2022): Rio De Janeiro, $2.43B

MAIN DESTINATION (June 2022): China, $1.28B

This section shows Crude Petroleum'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 Crude Petroleum over time.

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Historical Data

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EXPORTS (2020): $19.8B

IMPORTS (2020): $2.36B

NET TRADE (2020): $17.5B

In 2020, Brazil exported $19.8B in Crude Petroleum. The main destinations of Brazil exports on Crude Petroleum were China ($11.4B), United States ($1.37B), India ($1.22B), Spain ($1.03B), and Portugal ($924M).

In 2020, Brazil imported $2.36B in Crude Petroleum, mainly from Saudi Arabia ($866M), United States ($729M), Nigeria ($313M), Algeria ($251M), and Iraq ($92.3M).

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IN 2020, Brazil HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:

IN 2020, Brazil HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:

Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Brazil WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Brazil WERE (2019 - 2020):

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Market Concentration

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In 2019, Brazil's main exporting competitors in Crude Petroleum were:

In 2019, Brazil's main importing competitors in Crude Petroleum were:

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