Potassic Fertilizers in Brazil 2020 Exports | Imports : $8.31M | $2.48B, World Rnk 35 / 121 Rnk 573 / 1202 | World Rnk 2 / 191 Rnk 9 / 1194
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $4.28M | $33.4M, Paraguay | Jordan
2020 ECONOMIC COMPLEXITY of Brazil: 0.44, Rnk 47 / 127
2020 PRODUCT COMPLEXITY IN Potassic Fertilizers: -0.62, Rnk 733 / 1029
Exports In 2020, Brazil exported $8.31M in Potassic Fertilizers, making it the 35th largest exporter of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 573rd most exported product in Brazil. The main destination of Potassic Fertilizers exports from Brazil are: Paraguay ($5.84M), Mexico ($851k), Bolivia ($644k), United States ($162k), and Angola ($121k).
The fastest growing export markets for Potassic Fertilizers of Brazil between 2019 and 2020 were Paraguay ($4.28M), Mexico ($567k), and Bolivia ($141k).
Imports In 2020, Brazil imported $2.48B in Potassic Fertilizers, becoming the 2nd largest importer of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 9th most imported product in Brazil. Brazil imports Potassic Fertilizers primarily from: Canada ($732M), Russia ($526M), Belarus ($521M), Germany ($219M), and Israel ($180M).
The fastest growing import markets in Potassic Fertilizers for Brazil between 2019 and 2020 were Jordan ($33.4M), Chile ($14.9M), and United States ($11.3M).
Tariffs In 2017, the average tariff for Brazil in Potassic Fertilizers was 1%. The countries with the highest import tariffs for Potassic Fertilizers were Mexico (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 4.8%), Cuba (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 4.32%), Panama (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 4.32%), Angola (Most Favoured Nation duty rate treatement, 1%), and Burundi (Most Favoured Nation duty rate treatement, 1%).
January 2023
Overview In January 2023 Brazil's Potassic Fertilizers exports accounted up to $663k and imports accounted up to $277M, resulting in a negative trade balance of $276M. Between January 2022 and January 2023 the exports of Brazil's Potassic Fertilizers have increased by $404k (156%) from $259k to $663k, while imports decreased by $-115M (-29.4%) from $392M to $277M.
Destinations In January 2023, Potassic Fertilizers were exported mostly to Paraguay ($274k), Bolivia ($157k), Mexico ($140k), Colombia ($75.2k), and South Africa ($9k), and were imported mostly from Canada ($96.9M), Russia ($93M), Belarus ($25.8M), Israel ($25.2M), and Germany ($21M).
Growth In January 2023, the increase in Potassic Fertilizers's year-by-year exports was explained primarily by an increase in exports to United States ($7k or 26.9%). In January 2023, the decrease in Potassic Fertilizers's year-by-year imports was explained primarily by a decrease in imports from United Kingdom ($-766k or -38.1%), China ($-703k or -82.6%), and Belgium ($-80.1k or -34.2%).
EXPORT GROWTH (January 2022 - January 2023): $404k, (156%)
IMPORT GROWTH (January 2022 - January 2023): $-115M, (-29.4%)
MAIN EXPORTER (January 2023): ParanĂĄ, $439k
MAIN DESTINATION (January 2023): Paraguay, $274k
This section shows Potassic Fertilizers'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 Potassic Fertilizers over time.
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EXPORTS (2020): $8.31M
IMPORTS (2020): $2.48B
NET TRADE (2020): -$2.47B
In 2020, Brazil exported $8.31M in Potassic Fertilizers. The main destinations of Brazil exports on Potassic Fertilizers were Paraguay ($5.84M), Mexico ($851k), Bolivia ($644k), United States ($162k), and Angola ($121k).
In 2020, Brazil imported $2.48B in Potassic Fertilizers, mainly from Canada ($732M), Russia ($526M), Belarus ($521M), Germany ($219M), and Israel ($180M).
THE FASTEST GROWING Potassic Fertilizers EXPORT MARKETS FOR Brazil WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassic Fertilizers BY Brazil WERE (2019 - 2020):
In 2020, Brazil's main exporting competitors in Potassic Fertilizers were:
In 2020, Brazil's main importing competitors in Potassic Fertilizers were:
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