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2022
Exports $1.3MWorld Rnk 31 / 104
Flag Rnk 878 / 1206
2022
Destination $318k Uruguay
2021 - 2022
FASTEST GROWING MARKET $318kArgentina
2022
Imports $4.54MWorld Rnk 27 / 185
Flag Rnk 885 / 1198
2022
Origin $482k Chile
2021 - 2022
FASTEST GROWING ORIGIN $482kChile
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $1.3M in Nitric Acids, making it the 31st largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 878th most exported product in Brazil. The main destination of Nitric Acids exports from Brazil are: Uruguay ($952k) and Argentina ($348k).

The fastest growing export markets for Nitric Acids of Brazil between 2021 and 2022 were Argentina ($318k) and Uruguay ($222k).

Imports In 2022, Brazil imported $4.54M in Nitric Acids, becoming the 27th largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 885th most imported product in Brazil. Brazil imports Nitric Acids primarily from: Chile ($4.07M), India ($193k), Germany ($137k), United States ($111k), and Spain ($31.1k).

The fastest growing import markets in Nitric Acids for Brazil between 2021 and 2022 were Chile ($482k), India ($193k), and United States ($55.3k).

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Nitric Acids exports accounted up to $75.2k and imports accounted up to $11.5k, resulting in a positive trade balance of $63.7k. Between June 2023 and July 2024 the exports of Brazil's   Nitric Acids have increased by $37k (97%) from $38.2k to $75.2k, while imports decreased by $-677k (-98.3%) from $689k to $11.5k.

Destinations In July 2024, Nitric Acids were exported mostly to Uruguay ($75.2k), and were imported mostly from Chile ($11.1k), Germany ($289), and Switzerland ($100).

Growth In July 2024, the increase in Nitric Acids's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the decrease in Nitric Acids's year-by-year imports was explained primarily by a decrease in imports from Germany ($-13k or -64.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - July 2024)$37k(97%)
IMPORT GROWTH (July 2023 - July 2024)$-677k(-98.3%)
MAIN EXPORTER (July 2024)São Paulo$75.2k
MAIN DESTINATION (July 2024)Uruguay$75.2k

This section shows Nitric Acids'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 Nitric Acids over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.3M
IMPORTS (2022)$4.54M
NET TRADE (2022)-$3.24M

In 2022, Brazil exported $1.3M in Nitric Acids. The main destinations of Brazil exports on Nitric Acids were Uruguay ($952k) and Argentina ($348k).

In 2022, Brazil imported $4.54M in Nitric Acids, mainly from Chile ($4.07M), India ($193k), Germany ($137k), United States ($111k), and Spain ($31.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$318k (1.09k%)
Uruguay$222k (30.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Nitric Acids were:
South Korea $154M
Belgium $142M
Germany $100M
In 2022, Brazil's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.46k
TOP IMPORT POTENTIALGermany+ $143k

Nitric Acids’s highest export potential is Germany. With an export gap of $1.46k.   Nitric Acids’s highest import potential is Germany with an import gap of $143k.

See methodology.

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