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2022
Exports $112MWorld Rnk 12 / 95
Flag Rnk 219 / 1206
2022
Destination $5.45M Mexico
2021 - 2022
FASTEST GROWING MARKET $5.45MHungary
2022
PRODUCT COMPLEXITY IN Nitrile Compounds1.07Rnk 146 / 1025
2022
Imports $368MWorld Rnk 7 / 178
Flag Rnk 132 / 1198
2022
Origin $40.4M China
2021 - 2022
FASTEST GROWING ORIGIN $40.4MChina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $112M in Nitrile Compounds, making it the 12th largest exporter of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 219th most exported product in Brazil. The main destination of Nitrile Compounds exports from Brazil are: Mexico ($51.8M), Turkey ($23.6M), India ($8.6M), Netherlands ($6.98M), and United States ($6.51M).

The fastest growing export markets for Nitrile Compounds of Brazil between 2021 and 2022 were Hungary ($5.45M), Gabon ($1.4M), and South Korea ($987k).

Imports In 2022, Brazil imported $368M in Nitrile Compounds, becoming the 7th largest importer of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 132nd most imported product in Brazil. Brazil imports Nitrile Compounds primarily from: China ($189M), India ($77.3M), United States ($27.6M), United Kingdom ($23.1M), and Japan ($21.7M).

The fastest growing import markets in Nitrile Compounds for Brazil between 2021 and 2022 were China ($40.4M), United States ($21.7M), and Germany ($10.9M).

COMPANIES In 2023, leading companies such as Robert Bosch (3) were at the forefront of shipping Nitrile Compounds from Brazil to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Nitrile Compounds exports accounted up to $324k and imports accounted up to $37.2M, resulting in a negative trade balance of $36.9M. Between October 2023 and October 2024 the exports of Brazil's   Nitrile Compounds have increased by $182k (128%) from $142k to $324k, while imports decreased by $-7.28M (-16.4%) from $44.5M to $37.2M.

Destinations In October 2024, Nitrile Compounds were exported mostly to India ($292k), Switzerland ($23.8k), and Argentina ($7.54k), and were imported mostly from China ($25.4M), India ($7.94M), United States ($2.89M), Germany ($456k), and Chinese Taipei ($431k).

Growth In October 2024, the increase in Nitrile Compounds's year-by-year exports was explained primarily by an increase in exports to United States ($190k or 55.8%), Netherlands ($35.9k or 117%), and Chile ($406 or 40.6k%). In October 2024, the decrease in Nitrile Compounds's year-by-year imports was explained primarily by a decrease in imports from France ($-6.54M or -100%), China ($-4.31M or -36.3%), and Germany ($-247k or -47.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$182k(128%)
IMPORT GROWTH (October 2023 - October 2024)$-7.28M(-16.4%)
MAIN EXPORTER (October 2024)São Paulo$319k
MAIN DESTINATION (October 2024)India$292k

This section shows Nitrile Compounds'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 Nitrile Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$112M
IMPORTS (2022)$368M
NET TRADE (2022)-$256M

In 2022, Brazil exported $112M in Nitrile Compounds. The main destinations of Brazil exports on Nitrile Compounds were Mexico ($51.8M), Turkey ($23.6M), India ($8.6M), Netherlands ($6.98M), and United States ($6.51M).

In 2022, Brazil imported $368M in Nitrile Compounds, mainly from China ($189M), India ($77.3M), United States ($27.6M), United Kingdom ($23.1M), and Japan ($21.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrile Compounds EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Hungary$5.45M (1%)
Gabon$1.4M (1%)
South Korea$987k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrile Compounds BY Brazil WERE (2021 - 2022):
India-$20.9M (-70.8%)
Turkey-$12.4M (-34.4%)
Netherlands-$11.8M (-62.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Nitrile Compounds were:
China $1.77B
United States $983M
Germany $656M
In 2022, Brazil's main importing competitors in Nitrile Compounds were:
India $719M
Netherlands $527M
South Korea $509M

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Trade Value of Nitrile Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.02M
TOP IMPORT POTENTIALUnited States+ $6.56M

Nitrile Compounds’s highest export potential is United States. With an export gap of $5.02M.   Nitrile Compounds’s highest import potential is United States with an import gap of $6.56M.

See methodology.

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