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2022
Exports $28.1MWorld Rnk 25 / 106
Flag Rnk 432 / 1206
2022
Destination $1.42M Argentina
2021 - 2022
FASTEST GROWING MARKET $1.42MUruguay
2022
PRODUCT COMPLEXITY IN Phosphoric Acid-0.58Rnk 718 / 1025
2022
Imports $256MWorld Rnk 9 / 191
Flag Rnk 180 / 1198
2022
Origin $66.3M Morocco
2021 - 2022
FASTEST GROWING ORIGIN $66.3MMorocco
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $28.1M in Phosphoric Acid, making it the 25th largest exporter of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 432nd most exported product in Brazil. The main destination of Phosphoric Acid exports from Brazil are: Argentina ($10.2M), Uruguay ($3.91M), Colombia ($2.85M), Chile ($2.07M), and Paraguay ($2.02M).

The fastest growing export markets for Phosphoric Acid of Brazil between 2021 and 2022 were Uruguay ($1.42M), Paraguay ($772k), and Cote d'Ivoire ($366k).

Imports In 2022, Brazil imported $256M in Phosphoric Acid, becoming the 9th largest importer of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 180th most imported product in Brazil. Brazil imports Phosphoric Acid primarily from: Morocco ($177M), Israel ($49.8M), China ($16.9M), Mexico ($6.31M), and Finland ($5.03M).

The fastest growing import markets in Phosphoric Acid for Brazil between 2021 and 2022 were Morocco ($66.3M), Israel ($23M), and China ($13.1M).

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Phosphoric Acid exports accounted up to $1.74M and imports accounted up to $19.2M, resulting in a negative trade balance of $17.4M. Between July 2023 and July 2024 the exports of Brazil's   Phosphoric Acid have decreased by $-873k (-33.4%) from $2.61M to $1.74M, while imports increased by $15.9M (492%) from $3.24M to $19.2M.

Destinations In July 2024, Phosphoric Acid were exported mostly to Argentina ($1.15M), Uruguay ($365k), Chile ($68.8k), Bolivia ($47.6k), and Paraguay ($41.4k), and were imported mostly from Israel ($10.7M), Morocco ($6.45M), China ($1.21M), Mexico ($546k), and Belgium ($109k).

Growth In July 2024, the decrease in Phosphoric Acid's year-by-year exports was explained primarily by a decrease in exports to Argentina ($-787k or -49.2%), Uruguay ($-77k or -18.3%), and United Arab Emirates ($-5.5k or -99.9%). In July 2024, the increase in Phosphoric Acid's year-by-year imports was explained primarily by an increase in imports from China ($5.03M or 649%), Morocco ($2.55M or 28.9%), and United States ($27.5k or 1.14k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-873k(-33.4%)
IMPORT GROWTH (July 2023 - July 2024)$15.9M(492%)
MAIN EXPORTER (July 2024)São Paulo$2.02M
MAIN DESTINATION (July 2024)Argentina$1.15M

This section shows Phosphoric Acid'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 Phosphoric Acid over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28.1M
IMPORTS (2022)$256M
NET TRADE (2022)-$228M

In 2022, Brazil exported $28.1M in Phosphoric Acid. The main destinations of Brazil exports on Phosphoric Acid were Argentina ($10.2M), Uruguay ($3.91M), Colombia ($2.85M), Chile ($2.07M), and Paraguay ($2.02M).

In 2022, Brazil imported $256M in Phosphoric Acid, mainly from Morocco ($177M), Israel ($49.8M), China ($16.9M), Mexico ($6.31M), and Finland ($5.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Phosphoric Acid EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Uruguay$1.42M (56.8%)
Paraguay$772k (62.1%)
Cote d'Ivoire$366k (180%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphoric Acid BY Brazil WERE (2021 - 2022):
Argentina-$5.35M (-34.5%)
Peru-$2.78M (-58.6%)
Colombia-$1.24M (-30.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Phosphoric Acid were:
Morocco $2.29B
China $973M
Senegal $846M
In 2022, Brazil's main importing competitors in Phosphoric Acid were:
India $2.91B
Pakistan $627M
Netherlands $398M

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Trade Value of Phosphoric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $586k
TOP IMPORT POTENTIALChina+ $7.19M

Phosphoric Acid’s highest export potential is Peru. With an export gap of $586k.   Phosphoric Acid’s highest import potential is China with an import gap of $7.19M.

See methodology.

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