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2022
Exports $299MWorld Rnk 53 / 175
Flag Rnk 56 / 96
2022
Destination $20.3M Paraguay
2021 - 2022
FASTEST GROWING MARKET $20.3MUruguay
2022
PRODUCT COMPLEXITY IN Fertilizers-0.82Rnk 785 / 1025
2022
Imports $22.5BWorld Rnk 1 / 223
Flag Rnk 4 / 96
2022
Origin $1.74B Russia
2021 - 2022
FASTEST GROWING ORIGIN $1.74BRussia
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $299M in Fertilizers, making it the 53rd largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 56th most exported product in Brazil. The main destination of Fertilizers exports from Brazil are: Paraguay ($149M), Argentina ($51.4M), Uruguay ($34.1M), Bolivia ($13M), and United Kingdom ($12.2M).

The fastest growing export markets for Fertilizers of Brazil between 2021 and 2022 were Uruguay ($20.3M), Argentina ($17M), and United Kingdom ($12M).

Imports In 2022, Brazil imported $22.5B in Fertilizers, becoming the 1st largest importer of Fertilizers in the world. At the same year, Fertilizers was the 4th most imported product in Brazil. Brazil imports Fertilizers primarily from: Russia ($5.31B), China ($2.37B), Canada ($2.31B), United States ($1.88B), and Morocco ($1.52B).

The fastest growing import markets in Fertilizers for Brazil between 2021 and 2022 were Russia ($1.74B), Canada ($1.23B), and United States ($882M).

COMPANIES In 2023, leading companies such as Volvo (287), Bridgestone Tires (18), and JBS Foods (7) were at the forefront of shipping Fertilizers from Brazil to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Brazil's Fertilizers exports accounted up to $23.4M and imports accounted up to $1B, resulting in a negative trade balance of $978M. Between May 2023 and May 2024 the exports of Brazil's   Fertilizers have increased by $5.89M (33.7%) from $17.5M to $23.4M, while imports decreased by $-305M (-23.3%) from $1.31B to $1B.

Destinations In May 2024, Fertilizers were exported mostly to Paraguay ($15.8M), Argentina ($1.91M), Uruguay ($1.63M), Spain ($702k), and Chile ($698k), and were imported mostly from Russia ($304M), Canada ($129M), Morocco ($99.9M), Israel ($61.7M), and China ($60.4M).

Growth In May 2024, the increase in Fertilizers's year-by-year exports was explained primarily by an increase in exports to Paraguay ($7.09M or 47.7%), Bolivia ($858k or 471%), and Uruguay ($210k or 62.9%). In May 2024, the decrease in Fertilizers's year-by-year imports was explained primarily by a decrease in imports from China ($-37.5M or -26.3%), Netherlands ($-32.6M or -73.3%), and Norway ($-27.1M or -93.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)$5.89M(33.7%)
IMPORT GROWTH (May 2023 - May 2024)$-305M(-23.3%)
MAIN EXPORTER (May 2024)Paraná$12.1M
MAIN DESTINATION (May 2024)Paraguay$15.8M

This section shows Fertilizers'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 Fertilizers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$299M
IMPORTS (2022)$22.5B
NET TRADE (2022)-$22.2B

In 2022, Brazil exported $299M in Fertilizers. The main destinations of Brazil exports on Fertilizers were Paraguay ($149M), Argentina ($51.4M), Uruguay ($34.1M), Bolivia ($13M), and United Kingdom ($12.2M).

In 2022, Brazil imported $22.5B in Fertilizers, mainly from Russia ($5.31B), China ($2.37B), Canada ($2.31B), United States ($1.88B), and Morocco ($1.52B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Uruguay$20.3M (146%)
Argentina$17M (49.4%)
United Kingdom$12M (8.45k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Brazil WERE (2021 - 2022):
Paraguay-$6.79M (-4.37%)
Dominican Republic-$358k (-77.3%)
Ukraine-$344k (-80.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Fertilizers were:
Russia $18.7B
Canada $14.5B
China $12.7B
In 2022, Brazil's main importing competitors in Fertilizers were:
India $17B
United States $13.3B

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Trade Value of Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALArgentina+ $18.3M
TOP IMPORT POTENTIALJordan+ $98.2M

Fertilizers’s highest export potential is Argentina. With an export gap of $18.3M.   Fertilizers’s highest import potential is Jordan with an import gap of $98.2M.

See methodology.

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