Pig Meat in Brazil 2020 Exports | Imports : $2.13B | $7.32M, World Rnk 7 / 103 Rnk 20 / 1202 | World Rnk 85 / 219 Rnk 754 / 1194
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $614M | $5.93M, China | Singapore
2020 ECONOMIC COMPLEXITY of Brazil: 0.44, Rnk 47 / 127
2020 PRODUCT COMPLEXITY IN Pig Meat: 0.7, Rnk 277 / 1029
Exports In 2020, Brazil exported $2.13B in Pig Meat, making it the 7th largest exporter of Pig Meat in the world. At the same year, Pig Meat was the 20th most exported product in Brazil. The main destination of Pig Meat exports from Brazil are: China ($1.23B), Hong Kong ($239M), Singapore ($127M), Chile ($102M), and Uruguay ($90.3M).
The fastest growing export markets for Pig Meat of Brazil between 2019 and 2020 were China ($614M), Vietnam ($56.3M), and Singapore ($43.1M).
Imports In 2020, Brazil imported $7.32M in Pig Meat, becoming the 85th largest importer of Pig Meat in the world. At the same year, Pig Meat was the 754th most imported product in Brazil. Brazil imports Pig Meat primarily from: Singapore ($5.93M), Italy ($907k), Paraguay ($361k), Spain ($93.9k), and France ($14.5k).
The fastest growing import markets in Pig Meat for Brazil between 2019 and 2020 were Singapore ($5.93M), Italy ($796k), and Paraguay ($361k).
Tariffs In 2017, the average tariff for Brazil in Pig Meat was 9.61%. The countries with the highest import tariffs for Pig Meat were Angola (Most Favoured Nation duty rate treatement, 10%), Burundi (Most Favoured Nation duty rate treatement, 10%), Benin (Most Favoured Nation duty rate treatement, 10%), Burkina Faso (Most Favoured Nation duty rate treatement, 10%), and Botswana (Most Favoured Nation duty rate treatement, 10%).
January 2023
Overview In January 2023 Brazil's Pig Meat exports accounted up to $198M and imports accounted up to $239k, resulting in a positive trade balance of $198M. Between January 2022 and January 2023 the exports of Brazil's Pig Meat have increased by $47.7M (31.8%) from $150M to $198M, while imports increased by $166k (228%) from $72.7k to $239k.
Destinations In January 2023, Pig Meat were exported mostly to China ($102M), Hong Kong ($15.5M), Chile ($15.1M), Singapore ($11.9M), and Japan ($8.19M), and were imported mostly from .
Growth In January 2023, the increase in Pig Meat's year-by-year exports was explained primarily by an increase in exports to Philippines ($8.18M or 1.05k%), Japan ($5.77M or 206%), and Argentina ($3.02M or 42.9%). In December 2021, the increase in Pig Meat's year-by-year imports was explained primarily by an increase in imports from .
EXPORT GROWTH (January 2022 - January 2023): $47.7M, (31.8%)
IMPORT GROWTH (February 2016 - December 2021): $166k, (228%)
MAIN EXPORTER (January 2023): Santa Catarina, $115M
MAIN DESTINATION (January 2023): China, $102M
This section shows Pig Meat'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 Meat over time.
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EXPORTS (2020): $2.13B
IMPORTS (2020): $7.32M
NET TRADE (2020): $2.12B
In 2020, Brazil exported $2.13B in Pig Meat. The main destinations of Brazil exports on Pig Meat were China ($1.23B), Hong Kong ($239M), Singapore ($127M), Chile ($102M), and Uruguay ($90.3M).
In 2020, Brazil imported $7.32M in Pig Meat, mainly from Singapore ($5.93M), Italy ($907k), Paraguay ($361k), Spain ($93.9k), and France ($14.5k).
In 2020, Brazil's main exporting competitors in Pig Meat were:
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