Iron Ingots in Brazil 2020 Exports | Imports : $13.3M | $296k, World Rnk 10 / 97 Rnk 485 / 1202 | World Rnk 64 / 159 Rnk 1106 / 1194
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $11.4M | $115k, China | United States
2020 ECONOMIC COMPLEXITY of Brazil: 0.44, Rnk 47 / 127
2020 PRODUCT COMPLEXITY IN Iron Ingots: -1.14, Rnk 875 / 1029
Exports In 2020, Brazil exported $13.3M in Iron Ingots, making it the 10th largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 485th most exported product in Brazil. The main destination of Iron Ingots exports from Brazil are: China ($11.4M), United Kingdom ($1.9M), Uruguay ($4.68k), Paraguay ($4.15k), and Bolivia ($3.04k).
The fastest growing export markets for Iron Ingots of Brazil between 2019 and 2020 were China ($11.4M), United Kingdom ($1.9M), and Uruguay ($4.68k).
Imports In 2020, Brazil imported $296k in Iron Ingots, becoming the 64th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 1106th most imported product in Brazil. Brazil imports Iron Ingots primarily from: United States ($136k), Spain ($117k), Japan ($15.7k), India ($13.7k), and Seychelles ($3.57k).
The fastest growing import markets in Iron Ingots for Brazil between 2019 and 2020 were United States ($115k), India ($10.9k), and Japan ($9.3k).
Tariffs In 2017, the average tariff for Brazil in Iron Ingots was 5.75%. The countries with the highest import tariffs for Iron Ingots were Angola (Most Favoured Nation duty rate treatement, 6%), Burundi (Most Favoured Nation duty rate treatement, 6%), Benin (Most Favoured Nation duty rate treatement, 6%), Burkina Faso (Most Favoured Nation duty rate treatement, 6%), and Botswana (Most Favoured Nation duty rate treatement, 6%).
December 2022
Overview In December 2022 Brazil's Iron Ingots exports accounted up to $16.3k and imports accounted up to $4.91k, resulting in a positive trade balance of $11.4k. Between November 2021 and December 2022 the exports of Brazil's Iron Ingots have increased by $3.26k (24.9%) from $13.1k to $16.3k, while imports decreased by $-2.81k (-36.4%) from $7.72k to $4.91k.
Destinations In December 2022, Iron Ingots were exported mostly to Argentina ($16.3k) and Ghana ($52), and were imported mostly from Japan ($4.67k), India ($115), United States ($84), and China ($41).
Growth In December 2022, the increase in Iron Ingots's year-by-year exports was explained primarily by an increase in exports to . In December 2022, the decrease in Iron Ingots's year-by-year imports was explained primarily by a decrease in imports from .
EXPORT GROWTH (November 2021 - December 2022): $3.26k, (24.9%)
IMPORT GROWTH (September 2021 - December 2022): $-2.81k, (-36.4%)
MAIN EXPORTER (December 2022): São Paulo, $16.3k
MAIN DESTINATION (December 2022): Argentina, $16.3k
This section shows Iron Ingots'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 Iron Ingots over time.
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EXPORTS (2020): $13.3M
IMPORTS (2020): $296k
NET TRADE (2020): $13M
In 2020, Brazil exported $13.3M in Iron Ingots. The main destinations of Brazil exports on Iron Ingots were China ($11.4M), United Kingdom ($1.9M), Uruguay ($4.68k), Paraguay ($4.15k), and Bolivia ($3.04k).
In 2020, Brazil imported $296k in Iron Ingots, mainly from United States ($136k), Spain ($117k), Japan ($15.7k), India ($13.7k), and Seychelles ($3.57k).
THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR Brazil WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Brazil WERE (2019 - 2020):
In 2020, Brazil's main exporting competitors in Iron Ingots were:
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