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2023
Exports $1.88BWorld Rnk 1 / 91
Flag Rnk 28 / 1207
2023
Destination $14.8M United States
2022 - 2023
FASTEST GROWING MARKET $14.8MArgentina
2023
PRODUCT COMPLEXITY IN Pig Iron-1.16Rnk 869 / 1025
2023
Imports $99.8kWorld Rnk 79 / 140
Flag Rnk 1150 / 1200
2023
Origin $52.8k China
2022 - 2023
FASTEST GROWING ORIGIN $52.8kChina
2023
ECONOMIC COMPLEXITY of Brazil0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $1.88B in Pig Iron, making it the 1st largest exporter of Pig Iron in the world. At the same year, Pig Iron was the 28th most exported product in Brazil. The main destination of Pig Iron exports from Brazil are: United States ($1.42B), Netherlands ($129M), Mexico ($57.1M), Turkey ($51.7M), and Chinese Taipei ($39.5M).

The fastest growing export markets for Pig Iron of Brazil between 2022 and 2023 were Argentina ($14.8M), Netherlands ($12.9M), and Spain ($5.11M).

Imports In 2023, Brazil imported $99.8k in Pig Iron, becoming the 79th largest importer of Pig Iron in the world. At the same year, Pig Iron was the 1150th most imported product in Brazil. Brazil imports Pig Iron primarily from: China ($52.8k), Germany ($23k), Japan ($15.9k), Italy ($6.49k), and Turkey ($725).

The fastest growing import markets in Pig Iron for Brazil between 2022 and 2023 were China ($52.8k), Italy ($6.49k), and Germany ($4.84k).

Latest Trends

January 2025

About

Overview In January 2025 Brazil's Pig Iron exports accounted up to $138M and imports accounted up to $93, resulting in a positive trade balance of $138M. Between January 2024 and January 2025 the exports of Brazil's   Pig Iron have decreased by $-41.1M (-22.9%) from $179M to $138M, while imports decreased by $-3.94k (-97.7%) from $4.04k to $93.

Destinations In January 2025, Pig Iron were exported mostly to United States ($126M), Mexico ($8.66M), Chinese Taipei ($1.73M), Vietnam ($556k), and Thailand ($234k), and were imported mostly from .

Growth In January 2025, the decrease in Pig Iron's year-by-year exports was explained primarily by a decrease in exports to Argentina ($-162k or -85.4%) and India ($-7.4k or -11.5%). In November 2024, the decrease in Pig Iron's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-41.1M(-22.9%)
IMPORT GROWTH (January 2023 - November 2024)$-3.94k(-97.7%)
MAIN EXPORTER (January 2025)Minas Gerais$72.7M
MAIN DESTINATION (January 2025)United States$126M

This section shows Pig Iron'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 Pig Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.88B
IMPORTS (2023)$99.8k
NET TRADE (2023)$1.88B

In 2023, Brazil exported $1.88B in Pig Iron. The main destinations of Brazil exports on Pig Iron were United States ($1.42B), Netherlands ($129M), Mexico ($57.1M), Turkey ($51.7M), and Chinese Taipei ($39.5M).

In 2023, Brazil imported $99.8k in Pig Iron, mainly from China ($52.8k), Germany ($23k), Japan ($15.9k), Italy ($6.49k), and Turkey ($725).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pig Iron EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
Argentina$14.8M (111%)
Netherlands$12.9M (11.1%)
Spain$5.11M (50.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Iron BY Brazil WERE (2022 - 2023):
United States-$223M (-13.6%)
Turkey-$99.8M (-65.9%)
China-$70.6M (-80.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Pig Iron were:
Russia $1.37B
Ukraine $469M
In 2023, Brazil's main importing competitors in Pig Iron were:
United States $1.74B
Italy $711M
Turkey $711M

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Trade Value of Pig Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $35M
TOP IMPORT POTENTIALSouth Africa+ $62.4k

Pig Iron’s highest export potential is China. With an export gap of $35M.   Pig Iron’s highest import potential is South Africa with an import gap of $62.4k.

See methodology.

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