Ground Nuts in Brazil 2021 Exports | Imports : $332M | $6.86M, World Rnk 5 / 151 Rnk 79 / 1202 | World Rnk 59 / 204 Rnk 807 / 1196
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $12.3M | $1.44M, Russia | Argentina
2021 ECONOMIC COMPLEXITY of Brazil: 0.33, Rnk 49 / 131
2021 PRODUCT COMPLEXITY IN Ground Nuts: -2.12, Rnk 1012 / 1029
Exports In 2021, Brazil exported $332M in Ground Nuts, making it the 5th largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 79th most exported product in Brazil. The main destination of Ground Nuts exports from Brazil are: Russia ($130M), Algeria ($51.3M), Netherlands ($30.8M), Ukraine ($29M), and South Africa ($13.8M).
The fastest growing export markets for Ground Nuts of Brazil between 2020 and 2021 were Russia ($12.3M), Algeria ($12.1M), and Ukraine ($9.97M).
Imports In 2021, Brazil imported $6.86M in Ground Nuts, becoming the 59th largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 807th most imported product in Brazil. Brazil imports Ground Nuts primarily from: Paraguay ($3.54M), Argentina ($2.32M), United Arab Emirates ($920k), United Kingdom ($37.3k), and Australia ($35k).
The fastest growing import markets in Ground Nuts for Brazil between 2020 and 2021 were Argentina ($1.44M), United Arab Emirates ($920k), and United Kingdom ($37.3k).
Tariffs In 2017, the average tariff for Brazil in Ground Nuts was 5.77%. The countries with the highest import tariffs for Ground Nuts were Mexico (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 7.2%), Cuba (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 6.48%), Panama (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 6.48%), Angola (Most Favoured Nation duty rate treatment, 6%), and Burundi (Most Favoured Nation duty rate treatment, 6%).
February 2023
Overview In February 2023 Brazil's Ground Nuts exports accounted up to $20.3M and imports accounted up to $164k, resulting in a positive trade balance of $20.2M. Between February 2022 and February 2023 the exports of Brazil's Ground Nuts have decreased by $-6.08M (-23%) from $26.4M to $20.3M, while imports decreased by $-210k (-56.1%) from $374k to $164k.
Destinations In February 2023, Ground Nuts were exported mostly to Algeria ($7.01M), Russia ($5.56M), South Africa ($1.51M), Netherlands ($1.19M), and Spain ($1.04M), and were imported mostly from .
Growth In February 2023, the decrease in Ground Nuts's year-by-year exports was explained primarily by a decrease in exports to South Africa ($-788k or -81.9%), Colombia ($-50.1k or -5.36%), and Ecuador ($-46.3k or -33%). In January 2023, the decrease in Ground Nuts's year-by-year imports was explained primarily by a decrease in imports from .
EXPORT GROWTH (February 2022 - February 2023): $-6.08M, (-23%)
IMPORT GROWTH (August 2021 - January 2023): $-210k, (-56.1%)
MAIN EXPORTER (February 2023): SĂŁo Paulo, $20.3M
MAIN DESTINATION (February 2023): Algeria, $7.01M
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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EXPORTS (2021): $332M
IMPORTS (2021): $6.86M
NET TRADE (2021): $325M
In 2021, Brazil exported $332M in Ground Nuts. The main destinations of Brazil exports on Ground Nuts were Russia ($130M), Algeria ($51.3M), Netherlands ($30.8M), Ukraine ($29M), and South Africa ($13.8M).
In 2021, Brazil imported $6.86M in Ground Nuts, mainly from Paraguay ($3.54M), Argentina ($2.32M), United Arab Emirates ($920k), United Kingdom ($37.3k), and Australia ($35k).
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR Brazil WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY Brazil WERE (2020 - 2021):
In 2021, Brazil's main exporting competitors in Ground Nuts were:
In 2021, Brazil's main importing competitors in Ground Nuts were:
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