Flat Flat-Rolled Steel in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $221M in Flat Flat-Rolled Steel, making it the 22nd largest exporter of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 126th most exported product in Brazil. The main destination of Flat Flat-Rolled Steel exports from Brazil are: Argentina ($79.3M), Belgium ($39.3M), Turkey ($28.8M), Colombia ($19.9M), and Italy ($7.31M).

The fastest growing export markets for Flat Flat-Rolled Steel of Brazil between 2021 and 2022 were Argentina ($21.9M), Belgium ($20.8M), and Turkey ($17.8M).

Imports In 2022, Brazil imported $416M in Flat Flat-Rolled Steel, becoming the 24th largest importer of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 114th most imported product in Brazil. Brazil imports Flat Flat-Rolled Steel primarily from: China ($165M), Austria ($39.2M), Belgium ($36.5M), South Korea ($36.2M), and Sweden ($32.9M).

The fastest growing import markets in Flat Flat-Rolled Steel for Brazil between 2021 and 2022 were Belgium ($25.3M), China ($14.5M), and Sweden ($11.5M).

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

Latest Trends

February 2024

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Overview In February 2024 Brazil's Flat Flat-Rolled Steel exports accounted up to $11.4M and imports accounted up to $35.4M, resulting in a negative trade balance of $24M. Between February 2023 and February 2024 the exports of Brazil's Flat Flat-Rolled Steel have decreased by $-4.05M (-26.2%) from $15.4M to $11.4M, while imports increased by $1.99M (5.95%) from $33.4M to $35.4M.

Destinations In February 2024, Flat Flat-Rolled Steel were exported mostly to Argentina ($10.2M), Pakistan ($382k), Italy ($205k), Turkey ($192k), and United Arab Emirates ($129k), and were imported mostly from China ($11.7M), South Korea ($7.69M), Sweden ($5.41M), United States ($2.82M), and Japan ($1.91M).

Growth In February 2024, the decrease in Flat Flat-Rolled Steel's year-by-year exports was explained primarily by a decrease in exports to Turkey ($-6.27M or -99.2%), Chile ($-1.02M or -98.6%), and Bolivia ($-67.8k or -62.4%). In February 2024, the increase in Flat Flat-Rolled Steel's year-by-year imports was explained primarily by an increase in imports from China ($11.2M or 171%), United States ($5.82M or 208k%), and Russia ($3.23M or 384%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-4.05M(-26.2%)

IMPORT GROWTH (February 2023 - February 2024)$1.99M(5.95%)

MAIN EXPORTER (February 2024)Santa Catarina$6.16M

MAIN DESTINATION (February 2024)Argentina$10.2M

This section shows Flat Flat-Rolled Steel'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 Flat Flat-Rolled Steel over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$221M

IMPORTS (2022)$416M

NET TRADE (2022)-$195M

In 2022, Brazil exported $221M in Flat Flat-Rolled Steel. The main destinations of Brazil exports on Flat Flat-Rolled Steel were Argentina ($79.3M), Belgium ($39.3M), Turkey ($28.8M), Colombia ($19.9M), and Italy ($7.31M).

In 2022, Brazil imported $416M in Flat Flat-Rolled Steel, mainly from China ($165M), Austria ($39.2M), Belgium ($36.5M), South Korea ($36.2M), and Sweden ($32.9M).

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