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2022
Exports $94.5MWorld Rnk 7 / 116
Flag Rnk 241 / 1206
2022
Destination $8.15M Netherlands
2021 - 2022
FASTEST GROWING MARKET $8.15MNetherlands
2022
PRODUCT COMPLEXITY IN Magnesium Carbonate-0.46Rnk 685 / 1025
2022
Imports $35.8MWorld Rnk 19 / 172
Flag Rnk 521 / 1198
2022
Origin $658k Hong Kong
2021 - 2022
FASTEST GROWING ORIGIN $658kAustria
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $94.5M in Magnesium Carbonate, making it the 7th largest exporter of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 241st most exported product in Brazil. The main destination of Magnesium Carbonate exports from Brazil are: Netherlands ($22.5M), United States ($19.4M), Austria ($7.41M), Germany ($7.13M), and Argentina ($7.04M).

The fastest growing export markets for Magnesium Carbonate of Brazil between 2021 and 2022 were Netherlands ($8.15M), Austria ($7.16M), and Germany ($4.63M).

Imports In 2022, Brazil imported $35.8M in Magnesium Carbonate, becoming the 19th largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 521st most imported product in Brazil. Brazil imports Magnesium Carbonate primarily from: Hong Kong ($11.3M), China ($8.66M), Australia ($4.24M), Austria ($3.01M), and Israel ($2.2M).

The fastest growing import markets in Magnesium Carbonate for Brazil between 2021 and 2022 were Austria ($658k), Mexico ($420k), and Hong Kong ($275k).

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Magnesium Carbonate exports accounted up to $7.31M and imports accounted up to $3M, resulting in a positive trade balance of $4.31M. Between October 2023 and October 2024 the exports of Brazil's   Magnesium Carbonate have increased by $5.86M (402%) from $1.46M to $7.31M, while imports increased by $751k (33.4%) from $2.25M to $3M.

Destinations In October 2024, Magnesium Carbonate were exported mostly to United States ($3.04M), Spain ($2.14M), Mexico ($914k), Ecuador ($223k), and United Arab Emirates ($197k), and were imported mostly from China ($1.19M), Hong Kong ($1.04M), Spain ($200k), Greece ($185k), and Israel ($141k).

Growth In October 2024, the increase in Magnesium Carbonate's year-by-year exports was explained primarily by an increase in exports to Germany ($1.95M or 1.34k%), Ireland ($412k or 9.11k%), and Peru ($11.3k or 229%). In October 2024, the increase in Magnesium Carbonate's year-by-year imports was explained primarily by an increase in imports from Israel ($494k or 1.08k%), Spain ($157k or 251%), and Greece ($44k or 224%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$5.86M(402%)
IMPORT GROWTH (October 2023 - October 2024)$751k(33.4%)
MAIN EXPORTER (October 2024)Bahia$17M
MAIN DESTINATION (October 2024)United States$3.04M

This section shows Magnesium Carbonate'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 Magnesium Carbonate over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$94.5M
IMPORTS (2022)$35.8M
NET TRADE (2022)$58.8M

In 2022, Brazil exported $94.5M in Magnesium Carbonate. The main destinations of Brazil exports on Magnesium Carbonate were Netherlands ($22.5M), United States ($19.4M), Austria ($7.41M), Germany ($7.13M), and Argentina ($7.04M).

In 2022, Brazil imported $35.8M in Magnesium Carbonate, mainly from Hong Kong ($11.3M), China ($8.66M), Australia ($4.24M), Austria ($3.01M), and Israel ($2.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Netherlands$8.15M (57%)
Austria$7.16M (2.86k%)
Germany$4.63M (185%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Carbonate BY Brazil WERE (2021 - 2022):
United States-$23.9M (-55.3%)
Ecuador-$2.81M (-84.4%)
Czechia-$1.91M (-84.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Magnesium Carbonate were:
China $1.24B
United States $185M
Netherlands $119M
In 2022, Brazil's main importing competitors in Magnesium Carbonate were:
United States $334M
Germany $230M
Democratic Republic of the Congo $214M

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Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.07M
TOP IMPORT POTENTIALChina+ $3.54M

Magnesium Carbonate’s highest export potential is United States. With an export gap of $4.07M.   Magnesium Carbonate’s highest import potential is China with an import gap of $3.54M.

See methodology.

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