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2022
Exports $88.2kWorld Rnk 40 / 85
Flag Rnk 1101 / 1206
2022
Destination $42.4k Uruguay
2021 - 2022
FASTEST GROWING MARKET $42.4kUruguay
2022
PRODUCT COMPLEXITY IN Hops0.45Rnk 387 / 1025
2022
Imports $33MWorld Rnk 9 / 160
Flag Rnk 538 / 1198
2022
Origin $563k United States
2021 - 2022
FASTEST GROWING ORIGIN $563kCzechia
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $88.2k in Hops, making it the 40th largest exporter of Hops in the world. At the same year, Hops was the 1101st most exported product in Brazil. The main destination of Hops exports from Brazil are: Uruguay ($79.7k), Angola ($6.8k), Paraguay ($1.66k), Liberia ($28), and Switzerland ($16).

The fastest growing export markets for Hops of Brazil between 2021 and 2022 were Uruguay ($42.4k), Angola ($4.7k), and Liberia ($28).

Imports In 2022, Brazil imported $33M in Hops, becoming the 9th largest importer of Hops in the world. At the same year, Hops was the 538th most imported product in Brazil. Brazil imports Hops primarily from: United States ($16M), Germany ($15M), Czechia ($1.21M), Australia ($262k), and Hong Kong ($204k).

The fastest growing import markets in Hops for Brazil between 2021 and 2022 were Czechia ($563k) and Hong Kong ($98.2k).

Latest Trends

June 2024

About

Overview In June 2024 Brazil's Hops exports accounted up to $2.49k and imports accounted up to $3M, resulting in a negative trade balance of $2.99M. Between January 2022 and June 2024 the exports of Brazil's   Hops have increased by $2.48k (15.5k%) from $16 to $2.49k, while imports decreased by $-828k (-21.7%) from $3.83M to $3M.

Destinations In June 2024, Hops were exported mostly to , and were imported mostly from Germany ($1.68M), United States ($1.29M), Australia ($13.3k), France ($11.6k), and Argentina ($4.33k).

Growth In June 2024, the increase in Hops's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the decrease in Hops's year-by-year imports was explained primarily by a decrease in imports from Germany ($-639k or -33.5%) and United States ($-70.6k or -9.16%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2022 - June 2024)$2.48k(15.5k%)
IMPORT GROWTH (October 2023 - October 2024)$-828k(-21.7%)
MAIN EXPORTER (June 2024)Santa Catarina$30k
MAIN DESTINATION (June 2024)

This section shows Hops'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 Hops over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$88.2k
IMPORTS (2022)$33M
NET TRADE (2022)-$33M

In 2022, Brazil exported $88.2k in Hops. The main destinations of Brazil exports on Hops were Uruguay ($79.7k), Angola ($6.8k), Paraguay ($1.66k), Liberia ($28), and Switzerland ($16).

In 2022, Brazil imported $33M in Hops, mainly from United States ($16M), Germany ($15M), Czechia ($1.21M), Australia ($262k), and Hong Kong ($204k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hops EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Uruguay$42.4k (114%)
Angola$4.7k (224%)
Liberia$28 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hops BY Brazil WERE (2021 - 2022):
Paraguay-$29.6k (-94.7%)
United States-$7.25k (-100%)
Germany-$1.07k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Hops were:
United States $298M
Germany $284M
Czechia $63.1M
In 2022, Brazil's main importing competitors in Hops were:
Germany $81.7M
United Kingdom $78.3M
United States $67.1M

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Trade Value of Hops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALParaguay+ $1.9k
TOP IMPORT POTENTIALCzechia+ $249k

Hops’s highest export potential is Paraguay. With an export gap of $1.9k.   Hops’s highest import potential is Czechia with an import gap of $249k.

See methodology.

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