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2023
Exports $941kWorld Rnk 45 / 107
Flag Rnk 930 / 1207
2023
Destination $70.7k Jamaica
2022 - 2023
FASTEST GROWING MARKET $70.7kArgentina
2023
PRODUCT COMPLEXITY IN Nitrites and Nitrates-0.12Rnk 592 / 1025
2023
Imports $15MWorld Rnk 28 / 181
Flag Rnk 683 / 1200
2023
Origin $1.09M China
2022 - 2023
FASTEST GROWING ORIGIN $1.09MNorway
2023
ECONOMIC COMPLEXITY of Brazil0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $941k in Nitrites and Nitrates, making it the 45th largest exporter of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 930th most exported product in Brazil. The main destination of Nitrites and Nitrates exports from Brazil are: Jamaica ($323k), Argentina ($188k), United States ($174k), Bolivia ($95.5k), and South Africa ($54.5k).

The fastest growing export markets for Nitrites and Nitrates of Brazil between 2022 and 2023 were Argentina ($70.7k), United States ($68.7k), and Bolivia ($55.3k).

Imports In 2023, Brazil imported $15M in Nitrites and Nitrates, becoming the 28th largest importer of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 683rd most imported product in Brazil. Brazil imports Nitrites and Nitrates primarily from: China ($4.01M), Germany ($3.46M), Chile ($1.89M), India ($1.25M), and Norway ($1.25M).

The fastest growing import markets in Nitrites and Nitrates for Brazil between 2022 and 2023 were Norway ($1.09M), France ($348k), and United Kingdom ($170k).

Latest Trends

December 2024

About

Overview In December 2024 Brazil's Nitrites and Nitrates exports accounted up to $64.1k and imports accounted up to $1.71M, resulting in a negative trade balance of $1.65M. Between December 2023 and December 2024 the exports of Brazil's   Nitrites and Nitrates have increased by $39.4k (159%) from $24.8k to $64.1k, while imports increased by $747k (77.7%) from $963k to $1.71M.

Destinations In December 2024, Nitrites and Nitrates were exported mostly to Argentina ($23.5k), Angola ($22.2k), Bolivia ($17.1k), and Mexico ($1.3k), and were imported mostly from Germany ($637k), China ($318k), United States ($227k), Poland ($219k), and Norway ($73.9k).

Growth In December 2024, the increase in Nitrites and Nitrates's year-by-year exports was explained primarily by an increase in exports to . In December 2024, the increase in Nitrites and Nitrates's year-by-year imports was explained primarily by an increase in imports from Poland ($56.7k or 248%), Norway ($32.4k or 104%), and Spain ($31.9k or 3.62k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$39.4k(159%)
IMPORT GROWTH (December 2023 - December 2024)$747k(77.7%)
MAIN EXPORTER (December 2024)São Paulo$96.8k
MAIN DESTINATION (December 2024)Argentina$23.5k

This section shows Nitrites and Nitrates'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 Nitrites and Nitrates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$941k
IMPORTS (2023)$15M
NET TRADE (2023)-$14.1M

In 2023, Brazil exported $941k in Nitrites and Nitrates. The main destinations of Brazil exports on Nitrites and Nitrates were Jamaica ($323k), Argentina ($188k), United States ($174k), Bolivia ($95.5k), and South Africa ($54.5k).

In 2023, Brazil imported $15M in Nitrites and Nitrates, mainly from China ($4.01M), Germany ($3.46M), Chile ($1.89M), India ($1.25M), and Norway ($1.25M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nitrites and Nitrates EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
Argentina$70.7k (60.4%)
United States$68.7k (65.6%)
Bolivia$55.3k (138%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrites and Nitrates BY Brazil WERE (2022 - 2023):
Peru-$35.4k (-51.9%)
Mexico-$30.1k (-100%)
Chile-$21.8k (-99%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Nitrites and Nitrates were:
Chile $374M
China $216M
Israel $147M
In 2023, Brazil's main importing competitors in Nitrites and Nitrates were:
United States $146M
Netherlands $142M
Spain $139M

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Trade Value of Nitrites and Nitrates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $134k
TOP IMPORT POTENTIALChile+ $1.36M

Nitrites and Nitrates’s highest export potential is United States. With an export gap of $134k.   Nitrites and Nitrates’s highest import potential is Chile with an import gap of $1.36M.

See methodology.

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