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2022
Exports $237MWorld Rnk 24 / 180
Flag Rnk 119 / 1206
2022
Destination $38M Venezuela
2021 - 2022
FASTEST GROWING MARKET $38MVenezuela
2022
PRODUCT COMPLEXITY IN Malt Extract0.015Rnk 542 / 1025
2022
Imports $108MWorld Rnk 52 / 224
Flag Rnk 308 / 1198
2022
Origin $8.68M Argentina
2021 - 2022
FASTEST GROWING ORIGIN $8.68MUruguay
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $237M in Malt Extract, making it the 24th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 119th most exported product in Brazil. The main destination of Malt Extract exports from Brazil are: Venezuela ($165M), United States ($9.01M), Mauritania ($7.88M), Bolivia ($7.42M), and Haiti ($4.74M).

The fastest growing export markets for Malt Extract of Brazil between 2021 and 2022 were Venezuela ($38M), Mauritania ($5.39M), and Senegal ($2.08M).

Imports In 2022, Brazil imported $108M in Malt Extract, becoming the 52nd largest importer of Malt Extract in the world. At the same year, Malt Extract was the 308th most imported product in Brazil. Brazil imports Malt Extract primarily from: Argentina ($55.5M), Uruguay ($17.1M), Ireland ($10.1M), Germany ($6.58M), and Netherlands ($5.65M).

The fastest growing import markets in Malt Extract for Brazil between 2021 and 2022 were Uruguay ($8.68M), Argentina ($4.51M), and Germany ($2.28M).

COMPANIES In 2023, leading companies such as IKEA Group (1) and Steve Madden (1) were at the forefront of shipping Malt Extract from Brazil to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Malt Extract exports accounted up to $13M and imports accounted up to $9.04M, resulting in a positive trade balance of $3.92M. Between July 2023 and July 2024 the exports of Brazil's   Malt Extract have decreased by $-3.91M (-23.2%) from $16.9M to $13M, while imports increased by $3.08M (51.8%) from $5.96M to $9.04M.

Destinations In July 2024, Malt Extract were exported mostly to Venezuela ($7.44M), United States ($847k), Sierra Leone ($696k), Haiti ($552k), and Chile ($387k), and were imported mostly from Argentina ($5.84M), Uruguay ($1.65M), China ($476k), Netherlands ($252k), and Germany ($246k).

Growth In July 2024, the decrease in Malt Extract's year-by-year exports was explained primarily by a decrease in exports to Haiti ($-513k or -91.1%), Argentina ($-139k or -37.8%), and Bolivia ($-127k or -25.3%). In July 2024, the increase in Malt Extract's year-by-year imports was explained primarily by an increase in imports from Uruguay ($3.06M or 483%), Netherlands ($146k or 279%), and United States ($120k or 533%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-3.91M(-23.2%)
IMPORT GROWTH (July 2023 - July 2024)$3.08M(51.8%)
MAIN EXPORTER (July 2024)Roraima$9.02M
MAIN DESTINATION (July 2024)Venezuela$7.44M

This section shows Malt Extract'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 Malt Extract over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$237M
IMPORTS (2022)$108M
NET TRADE (2022)$129M

In 2022, Brazil exported $237M in Malt Extract. The main destinations of Brazil exports on Malt Extract were Venezuela ($165M), United States ($9.01M), Mauritania ($7.88M), Bolivia ($7.42M), and Haiti ($4.74M).

In 2022, Brazil imported $108M in Malt Extract, mainly from Argentina ($55.5M), Uruguay ($17.1M), Ireland ($10.1M), Germany ($6.58M), and Netherlands ($5.65M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Venezuela$38M (29.9%)
Mauritania$5.39M (216%)
Senegal$2.08M (145%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY Brazil WERE (2021 - 2022):
Guinea-$2.38M (-49.6%)
Haiti-$2.19M (-31.6%)
Gambia-$675k (-25.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Malt Extract were:
Netherlands $3.83B
Germany $2.29B
France $2.23B
In 2022, Brazil's main importing competitors in Malt Extract were:
China $4.66B
United States $1.39B
Germany $876M

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Trade Value of Malt Extract by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.6M
TOP IMPORT POTENTIALGermany+ $4.64M

Malt Extract’s highest export potential is United States. With an export gap of $10.6M.   Malt Extract’s highest import potential is Germany with an import gap of $4.64M.

See methodology.

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