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Pricing

2022
Exports $335MWorld Rnk 5 / 149
Flag Rnk 97 / 1206
2022
Destination $12.9M Russia
2021 - 2022
FASTEST GROWING MARKET $12.9MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Ground Nuts-2.21Rnk 1007 / 1025
2022
Imports $2.8MWorld Rnk 90 / 201
Flag Rnk 950 / 1198
2022
Origin $3.97k Paraguay
2021 - 2022
FASTEST GROWING ORIGIN $3.97kUnited States
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $335M in Ground Nuts, making it the 5th largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 97th most exported product in Brazil. The main destination of Ground Nuts exports from Brazil are: Russia ($109M), Algeria ($43.3M), Netherlands ($31.4M), United Kingdom ($20.6M), and Spain ($13.5M).

The fastest growing export markets for Ground Nuts of Brazil between 2021 and 2022 were United Kingdom ($12.9M), Turkey ($7.25M), and Poland ($6.66M).

Imports In 2022, Brazil imported $2.8M in Ground Nuts, becoming the 90th largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 950th most imported product in Brazil. Brazil imports Ground Nuts primarily from: Paraguay ($1.97M), Argentina ($686k), United Arab Emirates ($117k), United Kingdom ($27.2k), and United States ($3.97k).

The fastest growing import markets in Ground Nuts for Brazil between 2021 and 2022 were United States ($3.97k).

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Ground Nuts exports accounted up to $28.6M and imports accounted up to $2.55M, resulting in a positive trade balance of $26.1M. Between October 2023 and October 2024 the exports of Brazil's   Ground Nuts have decreased by $-12.1M (-29.7%) from $40.7M to $28.6M, while imports increased by $1.95M (322%) from $605k to $2.55M.

Destinations In October 2024, Ground Nuts were exported mostly to Russia ($8.86M), Algeria ($5.38M), Netherlands ($3.13M), Colombia ($2.06M), and Poland ($1.88M), and were imported mostly from Argentina ($2.32M) and Paraguay ($233k).

Growth In October 2024, the decrease in Ground Nuts's year-by-year exports was explained primarily by a decrease in exports to Algeria ($-2.76M or -65.5%), Russia ($-2.11M or -16.8%), and Ukraine ($-561k or -35.5%). In October 2024, the increase in Ground Nuts's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-12.1M(-29.7%)
IMPORT GROWTH (September 2023 - October 2024)$1.95M(322%)
MAIN EXPORTER (October 2024)São Paulo$39.5M
MAIN DESTINATION (October 2024)Russia$8.86M

This section shows Ground Nuts'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 Ground Nuts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$335M
IMPORTS (2022)$2.8M
NET TRADE (2022)$333M

In 2022, Brazil exported $335M in Ground Nuts. The main destinations of Brazil exports on Ground Nuts were Russia ($109M), Algeria ($43.3M), Netherlands ($31.4M), United Kingdom ($20.6M), and Spain ($13.5M).

In 2022, Brazil imported $2.8M in Ground Nuts, mainly from Paraguay ($1.97M), Argentina ($686k), United Arab Emirates ($117k), United Kingdom ($27.2k), and United States ($3.97k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United Kingdom$12.9M (168%)
Turkey$7.25M (292%)
Poland$6.66M (106%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY Brazil WERE (2021 - 2022):
Russia-$20.7M (-15.9%)
Ukraine-$19.3M (-66.4%)
Algeria-$8.03M (-15.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Ground Nuts were:
Argentina $818M
India $732M
United States $543M
In 2022, Brazil's main importing competitors in Ground Nuts were:
China $672M
Netherlands $464M
Indonesia $389M

Explore Visualizations

Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $3.12M
TOP IMPORT POTENTIALArgentina+ $818k

Ground Nuts’s highest export potential is Vietnam. With an export gap of $3.12M.   Ground Nuts’s highest import potential is Argentina with an import gap of $818k.

See methodology.

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