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2023
Exports $55.7MWorld Rnk 80 / 163
Flag Rnk 322 / 1207
2023
Destination $34.5M Qatar
2022 - 2023
FASTEST GROWING MARKET $34.5MQatar
2023
PRODUCT COMPLEXITY IN Petroleum Gas-2.01Rnk 998 / 1025
2023
Imports $2.41BWorld Rnk 34 / 220
Flag Rnk 18 / 1200
2023
Origin $46.2M Bolivia
2022 - 2023
FASTEST GROWING ORIGIN $46.2MChina
2023
ECONOMIC COMPLEXITY of Brazil0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $55.7M in Petroleum Gas, making it the 80th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 322nd most exported product in Brazil. The main destination of Petroleum Gas exports from Brazil are: Qatar ($34.5M), Spain ($9.92M), Poland ($4.31M), Ukraine ($3.64M), and India ($1.5M).

The fastest growing export markets for Petroleum Gas of Brazil between 2022 and 2023 were Qatar ($34.5M), Spain ($9.92M), and Poland ($4.31M).

Imports In 2023, Brazil imported $2.41B in Petroleum Gas, becoming the 34th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 18th most imported product in Brazil. Brazil imports Petroleum Gas primarily from: Bolivia ($1.33B), United States ($623M), Argentina ($335M), China ($46.8M), and Switzerland ($45.1M).

The fastest growing import markets in Petroleum Gas for Brazil between 2022 and 2023 were China ($46.2M), Switzerland ($31.8M), and Algeria ($17.8M).

Latest Trends

December 2024

About

Overview In December 2024 Brazil's Petroleum Gas exports accounted up to $1.56M and imports accounted up to $223M, resulting in a negative trade balance of $221M. Between December 2023 and December 2024 the exports of Brazil's   Petroleum Gas have decreased by $-34.5M (-95.7%) from $36M to $1.56M, while imports increased by $81.9M (58.3%) from $141M to $223M.

Destinations In December 2024, Petroleum Gas were exported mostly to Ghana ($1.55M), Uruguay ($4.43k), Liberia ($1.47k), Panama ($111), and Hong Kong ($41), and were imported mostly from Bolivia ($105M), United States ($77.8M), Argentina ($38.8M), South Korea ($226k), and China ($189k).

Growth In December 2024, the decrease in Petroleum Gas's year-by-year exports was explained primarily by a decrease in exports to Panama ($-15.9k or -99.8%) and Liberia ($-86 or -74.1%). In December 2024, the increase in Petroleum Gas's year-by-year imports was explained primarily by an increase in imports from United States ($88.6M or 473%), United Kingdom ($14.4M or 1.75M%), and China ($334k or 1.09k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-34.5M(-95.7%)
IMPORT GROWTH (December 2023 - December 2024)$81.9M(58.3%)
MAIN EXPORTER (December 2024)Bahia$1.72M
MAIN DESTINATION (December 2024)Ghana$1.55M

This section shows Petroleum Gas'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 Petroleum Gas over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$55.7M
IMPORTS (2023)$2.41B
NET TRADE (2023)-$2.36B

In 2023, Brazil exported $55.7M in Petroleum Gas. The main destinations of Brazil exports on Petroleum Gas were Qatar ($34.5M), Spain ($9.92M), Poland ($4.31M), Ukraine ($3.64M), and India ($1.5M).

In 2023, Brazil imported $2.41B in Petroleum Gas, mainly from Bolivia ($1.33B), United States ($623M), Argentina ($335M), China ($46.8M), and Switzerland ($45.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
Qatar$34.5M (1%)
Spain$9.92M (1%)
Poland$4.31M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Brazil WERE (2022 - 2023):
Trinidad and Tobago-$2.48M (-100%)
United States-$204k (-18.4%)
France-$41.6k (-99.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Petroleum Gas were:
United States $83.2B
Qatar $71.1B
Norway $70.8B
In 2023, Brazil's main importing competitors in Petroleum Gas were:
China $83.7B
Japan $52.5B
France $45.4B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.68M
TOP IMPORT POTENTIALQatar+ $161M

Petroleum Gas’s highest export potential is United States. With an export gap of $2.68M.   Petroleum Gas’s highest import potential is Qatar with an import gap of $161M.

See methodology.

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