Ground Nuts in Brazil | The Observatory of Economic Complexity

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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).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Ground Nuts from Brazil to the United States.

Latest Trends

February 2024

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Overview In February 2024 Brazil's Ground Nuts exports accounted up to $27.6M and imports accounted up to $36.3k, resulting in a positive trade balance of $27.5M. Between February 2023 and February 2024 the exports of Brazil's Ground Nuts have increased by $7.24M (35.6%) from $20.3M to $27.6M, while imports decreased by $-736k (-95.3%) from $772k to $36.3k.

Destinations In February 2024, Ground Nuts were exported mostly to Russia ($6.06M), Netherlands ($4.4M), South Africa ($2.15M), Poland ($1.85M), and Ukraine ($1.76M), and were imported mostly from Paraguay ($36.3k).

Growth In February 2024, the increase in Ground Nuts's year-by-year exports was explained primarily by an increase in exports to South Africa ($737k or 423%), United Kingdom ($595k or 88.9%), and Belarus ($371k or 379%). In February 2024, the decrease in Ground Nuts's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$7.24M(35.6%)

IMPORT GROWTH (March 2022 - February 2024)$-736k(-95.3%)

MAIN EXPORTER (February 2024)São Paulo$36.9M

MAIN DESTINATION (February 2024)Russia$6.06M

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

Trade Value

Growth

Growth (%)

Year

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).

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