Petroleum Gas in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $3.79M in Petroleum Gas, making it the 106th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 742nd most exported product in Brazil. The main destination of Petroleum Gas exports from Brazil are: Trinidad and Tobago ($2.48M), United States ($1.11M), India ($77.9k), France ($40.2k), and Nicaragua ($40.1k).

The fastest growing export markets for Petroleum Gas of Brazil between 2021 and 2022 were Trinidad and Tobago ($2.48M), India ($77.9k), and Nicaragua ($40.1k).

Imports In 2022, Brazil imported $5.17B in Petroleum Gas, becoming the 23rd largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 8th most imported product in Brazil. Brazil imports Petroleum Gas primarily from: United States ($2.65B), Bolivia ($1.66B), Argentina ($446M), Qatar ($175M), and Spain ($61.3M).

The fastest growing import markets in Petroleum Gas for Brazil between 2021 and 2022 were Bolivia ($364M), Argentina ($247M), and Spain ($61.3M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Petroleum Gas from Brazil to the United States.

Latest Trends

February 2024

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Overview In February 2024 Brazil's Petroleum Gas exports accounted up to $6k and imports accounted up to $232M, resulting in a negative trade balance of $232M. Between February 2023 and February 2024 the exports of Brazil's Petroleum Gas have increased by $5.33k (798%) from $668 to $6k, while imports increased by $62.7M (36.9%) from $170M to $232M.

Destinations In February 2024, Petroleum Gas were exported mostly to Panama ($1.53k), Germany ($1.47k), Marshall Islands ($1.15k), Liberia ($1.07k), and Chile ($389), and were imported mostly from Bolivia ($103M), United States ($84.8M), Argentina ($25.1M), Spain ($18.6M), and China ($205k).

Growth In February 2024, the increase in Petroleum Gas's year-by-year exports was explained primarily by an increase in exports to Chile ($647 or 1.12k%) and Liberia ($43 or 58.9%). In February 2024, the increase in Petroleum Gas's year-by-year imports was explained primarily by an increase in imports from Argentina ($23M or 120%), Bolivia ($22.6M or 19.4%), and Germany ($25.8k or 85.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$5.33k(798%)

IMPORT GROWTH (February 2023 - February 2024)$62.7M(36.9%)

MAIN EXPORTER (February 2024)São Paulo$1.82k

MAIN DESTINATION (February 2024)Panama$1.53k

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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$3.79M

IMPORTS (2022)$5.17B

NET TRADE (2022)-$5.17B

In 2022, Brazil exported $3.79M in Petroleum Gas. The main destinations of Brazil exports on Petroleum Gas were Trinidad and Tobago ($2.48M), United States ($1.11M), India ($77.9k), France ($40.2k), and Nicaragua ($40.1k).

In 2022, Brazil imported $5.17B in Petroleum Gas, mainly from United States ($2.65B), Bolivia ($1.66B), Argentina ($446M), Qatar ($175M), and Spain ($61.3M).

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