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2022
Exports $81.2MWorld Rnk 23 / 155
Flag Rnk 266 / 1206
2022
Destination $4.16M Venezuela
2021 - 2022
FASTEST GROWING MARKET $4.16MChile
2022
PRODUCT COMPLEXITY IN Margarine-0.83Rnk 786 / 1025
2022
Imports $131MWorld Rnk 15 / 219
Flag Rnk 286 / 1198
2022
Origin $18.7M Uruguay
2021 - 2022
FASTEST GROWING ORIGIN $18.7MUruguay
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $81.2M in Margarine, making it the 23rd largest exporter of Margarine in the world. At the same year, Margarine was the 266th most exported product in Brazil. The main destination of Margarine exports from Brazil are: Venezuela ($52.3M), Chile ($11.8M), Uruguay ($3.64M), Paraguay ($3.56M), and Angola ($2.3M).

The fastest growing export markets for Margarine of Brazil between 2021 and 2022 were Chile ($4.16M), Argentina ($1.96M), and Angola ($1.56M).

Imports In 2022, Brazil imported $131M in Margarine, becoming the 15th largest importer of Margarine in the world. At the same year, Margarine was the 286th most imported product in Brazil. Brazil imports Margarine primarily from: Uruguay ($79.7M), Malaysia ($34.8M), United States ($5.62M), Switzerland ($4.41M), and Sweden ($2.25M).

The fastest growing import markets in Margarine for Brazil between 2021 and 2022 were Uruguay ($18.7M), Malaysia ($2.21M), and Sweden ($2.04M).

Latest Trends

September 2024

About

Overview In September 2024 Brazil's Margarine exports accounted up to $4.39M and imports accounted up to $10.4M, resulting in a negative trade balance of $6M. Between September 2023 and September 2024 the exports of Brazil's   Margarine have increased by $680k (18.4%) from $3.71M to $4.39M, while imports decreased by $-1.51M (-12.7%) from $11.9M to $10.4M.

Destinations In September 2024, Margarine were exported mostly to Venezuela ($2.05M), Chile ($1.31M), Uruguay ($261k), Argentina ($200k), and Paraguay ($185k), and were imported mostly from Malaysia ($4.46M), Uruguay ($4.33M), Singapore ($562k), Switzerland ($218k), and China ($153k).

Growth In September 2024, the increase in Margarine's year-by-year exports was explained primarily by an increase in exports to Chile ($657k or 222%), Paraguay ($167k or 109%), and Panama ($42.7k or 3.76k%). In September 2024, the decrease in Margarine's year-by-year imports was explained primarily by a decrease in imports from Colombia ($-47.1k or -47.8%), Italy ($-22.4k or -33.9%), and Netherlands ($-20.4k or -14.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$680k(18.4%)
IMPORT GROWTH (September 2023 - September 2024)$-1.51M(-12.7%)
MAIN EXPORTER (September 2024)Roraima$6.05M
MAIN DESTINATION (September 2024)Venezuela$2.05M

This section shows Margarine'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 Margarine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$81.2M
IMPORTS (2022)$131M
NET TRADE (2022)-$49.3M

In 2022, Brazil exported $81.2M in Margarine. The main destinations of Brazil exports on Margarine were Venezuela ($52.3M), Chile ($11.8M), Uruguay ($3.64M), Paraguay ($3.56M), and Angola ($2.3M).

In 2022, Brazil imported $131M in Margarine, mainly from Uruguay ($79.7M), Malaysia ($34.8M), United States ($5.62M), Switzerland ($4.41M), and Sweden ($2.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Chile$4.16M (54.8%)
Argentina$1.96M (5.57k%)
Angola$1.56M (213%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Brazil WERE (2021 - 2022):
Venezuela-$2.32M (-4.24%)
Liberia-$230k (-93.3%)
Dominican Republic-$182k (-49.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Margarine were:
Indonesia $1.98B
Belgium $849M
Netherlands $805M
In 2022, Brazil's main importing competitors in Margarine were:
China $1.33B
France $570M
Germany $519M

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALArgentina+ $1.39M
TOP IMPORT POTENTIALUnited States+ $3.21M

Margarine’s highest export potential is Argentina. With an export gap of $1.39M.   Margarine’s highest import potential is United States with an import gap of $3.21M.

See methodology.

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