Flat Flat-Rolled Steel in Brazil 2019 Exports | Imports : $147M | $149M, World Rnk 21 / 117 Rnk 138 / 1199 | World Rnk 39 / 197 Rnk 212 / 1196
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $8.44M | $6.5M, South Korea | Austria
2019 ECONOMIC COMPLEXITY of Brazil: 0.58, Rnk 44 / 147
2019 PRODUCT COMPLEXITY IN Flat Flat-Rolled Steel: 1.47, Rnk 55 / 1029
Exports In 2019, Brazil exported $147M in Flat Flat-Rolled Steel, making it the 21st largest exporter of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 138th most exported product in Brazil. The main destination of Flat Flat-Rolled Steel exports from Brazil are: Argentina ($32.7M), Turkey ($22.5M), Colombia ($21.2M), Mexico ($10.9M), and South Korea ($8.44M).
The fastest growing export markets for Flat Flat-Rolled Steel of Brazil between 2018 and 2019 were South Korea ($8.44M), United Kingdom ($3.62M), and United States ($3.09M).
Imports In 2019, Brazil imported $149M in Flat Flat-Rolled Steel, becoming the 39th largest importer of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 212th most imported product in Brazil. Brazil imports Flat Flat-Rolled Steel primarily from: South Korea ($40.4M), China ($28.9M), Sweden ($16.2M), United States ($10.5M), and Austria ($10.1M).
The fastest growing import markets in Flat Flat-Rolled Steel for Brazil between 2018 and 2019 were Austria ($6.5M), Sweden ($3.52M), and United States ($3.05M).
Tariffs In 2017, the average tariff for Brazil in Flat Flat-Rolled Steel was 9.6%. The countries with the highest import tariffs for Flat Flat-Rolled Steel were Angola (Most Favoured Nation duty rate treatement, 10%), Burundi (Most Favoured Nation duty rate treatement, 10%), Benin (Most Favoured Nation duty rate treatement, 10%), Burkina Faso (Most Favoured Nation duty rate treatement, 10%), and Botswana (Most Favoured Nation duty rate treatement, 10%).
October 2021
Overview In October 2021 Brazil's Flat Flat-Rolled Steel exports accounted up to $103M and imports accounted up to $16.7M, resulting in a positive trade balance of $86.5M. Between October 2020 and October 2021 the exports of Brazil's Flat Flat-Rolled Steel have increased by $99.8M (2.88k%) from $3.47M to $103M, while imports increased by $6.89M (70%) from $9.84M to $16.7M.
Destinations In October 2021, Flat Flat-Rolled Steel were exported mostly to Belgium ($50.4M), Argentina ($49.7M), Turkey ($1.75M), Uruguay ($478k), and Portugal ($258k), and were imported mostly from China ($5.05M), South Korea ($3.45M), Sweden ($1.74M), India ($1.32M), and Austria ($1.25M).
Growth In October 2021, the increase in Flat Flat-Rolled Steel's year-by-year exports was explained primarily by an increase in exports to Argentina ($48.6M or 4.37k%), Chile ($92.2k or 145%), and Paraguay ($28.5k or 108%). In October 2021, the increase in Flat Flat-Rolled Steel's year-by-year imports was explained primarily by an increase in imports from China ($4.75M or 1.54k%), Sweden ($1.21M or 225%), and Germany ($631k or 107%).
EXPORT GROWTH (October 2020 - October 2021): $99.8M, (2.88k%)
IMPORT GROWTH (October 2020 - October 2021): $6.89M, (70%)
MAIN EXPORTER (October 2021): Santa Catarina, $2.21M
MAIN DESTINATION (October 2021): Belgium, $50.4M
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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EXPORTS (2019): $147M
IMPORTS (2019): $149M
NET TRADE (2019): -$1.88M
In 2019, Brazil exported $147M in Flat Flat-Rolled Steel. The main destinations of Brazil exports on Flat Flat-Rolled Steel were Argentina ($32.7M), Turkey ($22.5M), Colombia ($21.2M), Mexico ($10.9M), and South Korea ($8.44M).
In 2019, Brazil imported $149M in Flat Flat-Rolled Steel, mainly from South Korea ($40.4M), China ($28.9M), Sweden ($16.2M), United States ($10.5M), and Austria ($10.1M).
IN 2019, Brazil HAD A POSITIVE NET TRADE IN Flat Flat-Rolled Steel WITH:
IN 2019, Brazil HAD A NEGATIVE NET TRADE IN Flat Flat-Rolled Steel WITH:
THE FASTEST GROWING Flat Flat-Rolled Steel EXPORT MARKETS FOR Brazil WERE (2018 - 2019):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat Flat-Rolled Steel BY Brazil WERE (2018 - 2019):
In 2019, Brazil's main exporting competitors in Flat Flat-Rolled Steel were:
In 2017, the average tariff for Brazil in Flat Flat-Rolled Steel was 9.6%.
The countries with the highest tariffs for Flat Flat-Rolled Steel in Brazil were Angola (Most Favoured Nation duty rate treatement, 10%), Burundi (Most Favoured Nation duty rate treatement, 10%), Benin (Most Favoured Nation duty rate treatement, 10%), Burkina Faso (Most Favoured Nation duty rate treatement, 10%), and Botswana (Most Favoured Nation duty rate treatement, 10%).