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2022
Exports $1.45MWorld Rnk 45 / 110
Flag Rnk 864 / 1206
2022
Destination $413k Argentina
2021 - 2022
FASTEST GROWING MARKET $413kArgentina
2022
PRODUCT COMPLEXITY IN Hormones0.61Rnk 317 / 1025
2022
Imports $247MWorld Rnk 12 / 188
Flag Rnk 185 / 1198
2022
Origin $6.07M China
2021 - 2022
FASTEST GROWING ORIGIN $6.07MItaly
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $1.45M in Hormones, making it the 45th largest exporter of Hormones in the world. At the same year, Hormones was the 864th most exported product in Brazil. The main destination of Hormones exports from Brazil are: Argentina ($840k), United States ($198k), Malaysia ($91.5k), Qatar ($86.6k), and India ($84.8k).

The fastest growing export markets for Hormones of Brazil between 2021 and 2022 were Argentina ($413k), United States ($142k), and Malaysia ($91.5k).

Imports In 2022, Brazil imported $247M in Hormones, becoming the 12th largest importer of Hormones in the world. At the same year, Hormones was the 185th most imported product in Brazil. Brazil imports Hormones primarily from: China ($52.6M), Denmark ($50.4M), Germany ($45.2M), Italy ($44.3M), and Netherlands ($16.6M).

The fastest growing import markets in Hormones for Brazil between 2021 and 2022 were Italy ($6.07M), India ($5.28M), and China ($5.03M).

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Hormones exports accounted up to $568k and imports accounted up to $24.8M, resulting in a negative trade balance of $24.2M. Between October 2023 and October 2024 the exports of Brazil's   Hormones have increased by $250k (78.7%) from $318k to $568k, while imports increased by $6.79M (37.8%) from $18M to $24.8M.

Destinations In October 2024, Hormones were exported mostly to Argentina ($409k), Italy ($77.2k), Netherlands ($72k), Peru ($3.19k), and China ($2k), and were imported mostly from Denmark ($9.83M), China ($4.94M), United States ($2.56M), Italy ($1.92M), and Netherlands ($1.79M).

Growth In October 2024, the increase in Hormones's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the increase in Hormones's year-by-year imports was explained primarily by an increase in imports from Italy ($3.09M or 129%), Canada ($1.57M or 4.61k%), and Mexico ($938k or 149%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$250k(78.7%)
IMPORT GROWTH (October 2023 - October 2024)$6.79M(37.8%)
MAIN EXPORTER (October 2024)São Paulo$683k
MAIN DESTINATION (October 2024)Argentina$409k

This section shows Hormones'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 Hormones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.45M
IMPORTS (2022)$247M
NET TRADE (2022)-$246M

In 2022, Brazil exported $1.45M in Hormones. The main destinations of Brazil exports on Hormones were Argentina ($840k), United States ($198k), Malaysia ($91.5k), Qatar ($86.6k), and India ($84.8k).

In 2022, Brazil imported $247M in Hormones, mainly from China ($52.6M), Denmark ($50.4M), Germany ($45.2M), Italy ($44.3M), and Netherlands ($16.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hormones EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$413k (97%)
United States$142k (251%)
Malaysia$91.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hormones BY Brazil WERE (2021 - 2022):
China-$154k (-100%)
Spain-$73.4k (-99.7%)
Chile-$18.5k (-84.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Hormones were:
Ireland $7.02B
Switzerland $2.8B
United States $2.79B
In 2022, Brazil's main importing competitors in Hormones were:
United States $6.4B
Austria $2.81B
Italy $2.73B

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Trade Value of Hormones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $506k
TOP IMPORT POTENTIALUnited States+ $9.03M

Hormones’s highest export potential is United States. With an export gap of $506k.   Hormones’s highest import potential is United States with an import gap of $9.03M.

See methodology.

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