Other Iron Products in Brazil | The Observatory of Economic Complexity

About

Exports In 2022, Brazil exported $178M in Other Iron Products, making it the 40th largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 157th most exported product in Brazil. The main destination of Other Iron Products exports from Brazil are: United States ($50M), Argentina ($20.4M), Thailand ($12.1M), Chile ($9.45M), and Bolivia ($8.17M).

The fastest growing export markets for Other Iron Products of Brazil between 2021 and 2022 were United States ($12.3M), Argentina ($6.73M), and Bolivia ($3.07M).

Imports In 2022, Brazil imported $773M in Other Iron Products, becoming the 27th largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 66th most imported product in Brazil. Brazil imports Other Iron Products primarily from: China ($240M), United States ($92.4M), Germany ($68.8M), Chile ($66.6M), and Italy ($40M).

The fastest growing import markets in Other Iron Products for Brazil between 2021 and 2022 were China ($37.7M), United States ($18M), and Chile ($13.6M).

COMPANIES In 2023, leading companies such as CNH INDUSTRIAL AMERICA LLC (20) were at the forefront of shipping Other Iron Products from Brazil to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Brazil's Other Iron Products exports accounted up to $12.9M and imports accounted up to $62.1M, resulting in a negative trade balance of $49.3M. Between February 2023 and February 2024 the exports of Brazil's Other Iron Products have increased by $274k (2.17%) from $12.6M to $12.9M, while imports increased by $2.02M (3.35%) from $60.1M to $62.1M.

Destinations In February 2024, Other Iron Products were exported mostly to United States ($3.49M), Argentina ($1.52M), China ($1.33M), United Kingdom ($825k), and Peru ($676k), and were imported mostly from China ($25.3M), United States ($9.19M), Chile ($4.03M), Germany ($3.21M), and France ($2.91M).

Growth In February 2024, the increase in Other Iron Products's year-by-year exports was explained primarily by an increase in exports to United States ($1.31M or 49.5%), Chile ($640k or 102%), and Australia ($552k or 1.58k%). In February 2024, the increase in Other Iron Products's year-by-year imports was explained primarily by an increase in imports from Italy ($1.02M or 42%), Peru ($875k or 454%), and China ($812k or 4.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$274k(2.17%)

IMPORT GROWTH (February 2023 - February 2024)$2.02M(3.35%)

MAIN EXPORTER (February 2024)São Paulo$5.53M

MAIN DESTINATION (February 2024)United States$3.49M

This section shows Other Iron Products'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 Other Iron Products over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$178M

IMPORTS (2022)$773M

NET TRADE (2022)-$595M

In 2022, Brazil exported $178M in Other Iron Products. The main destinations of Brazil exports on Other Iron Products were United States ($50M), Argentina ($20.4M), Thailand ($12.1M), Chile ($9.45M), and Bolivia ($8.17M).

In 2022, Brazil imported $773M in Other Iron Products, mainly from China ($240M), United States ($92.4M), Germany ($68.8M), Chile ($66.6M), and Italy ($40M).

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