Potassic Fertilizers in Brazil

2019
Exports | Imports
: $4M | $2.98B, World Rnk 46 / 117
Flag Rnk 696 / 1199 | World Rnk 1 / 186
Flag Rnk 11 / 1196

2019
Destination | Origin
: $1.56M | $826M, Paraguay | Canada

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $318k | $200M, Argentina |  Russia

2019
ECONOMIC COMPLEXITY of Brazil
: 0.64, Rnk 44 / 157

2019
PRODUCT COMPLEXITY  IN Potassic Fertilizers
: -1.12, Rnk 866 / 1029

Exports: In 2019, Brazil exported $4M in Potassic Fertilizers, making it the 46th largest exporter of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 696th most exported product in Brazil. The main destination of Potassic Fertilizers exports from Brazil are: Paraguay ($1.56M), United States ($746k), Bolivia ($500k), Argentina ($428k), and Mexico ($285k).

The fastest growing export markets for Potassic Fertilizers of Brazil between 2018 and 2019 were Argentina ($318k), Bolivia ($186k), and Angola ($95k).

Imports: In 2019, Brazil imported $2.98B in Potassic Fertilizers, becoming the 1st largest importer of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 11th most imported product in Brazil. Brazil imports Potassic Fertilizers primarily from: Canada ($826M), Russia ($813M), Belarus ($561M), Germany ($314M), and Israel ($261M).

The fastest growing import markets in Potassic Fertilizers for Brazil between 2018 and 2019 were Russia ($200M), Canada ($98M), and Jordan ($23.7M).

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 (4.8%), Cuba (4.32%), Panama (4.32%), Angola (1%), and Burundi (1%).

Overview: In February 2021 Brazil's Potassic Fertilizers exports accounted up to $316k and imports accounted up to $229M, resulting in a negative trade balance of $228M. Between February 2020 and February 2021 the exports of Brazil's   Potassic Fertilizers have decreased by $-59.5k (-15.9%) from $375k to $316k, while imports increased by $128M (126%) from $101M to $229M.

Destinations: In February 2021 Potassic Fertilizers exported mostly to Paraguay ($226k), Mexico ($58.8k), Taiwan ($17.3k), South Africa ($10k), and Argentina ($3.37k), and imported mostly from Russia ($63.8M), Canada ($56.9M), Belarus ($38.1M), Germany ($37.3M), and Israel ($13.6M).

Growth: In February 2021, the decrease in Potassic Fertilizers's year-by-year exports was explained primarily by a decrease in exports to Bolivia ($-46.6k or -100%), Paraguay ($-38.2k or -14.5%), and Argentina ($-2.14k or -38.9%). In February 2021, the increase in Potassic Fertilizers's year-by-year imports was explained primarily by an increase in imports from Canada ($35.4M or 165%), Russia ($29.3M or 85%), and Germany ($22.2M or 147%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (February 2020 - February 2021): $-59.5k, (-15.9%)

IMPORT GROWTH (February 2020 - February 2021): $128M, (126%)

MAIN EXPORTER (February 2021): SΓ£o Paulo, $136k

MAIN DESTINATION (February 2021): Paraguay, $226k

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.

Value

EXPORTS (2019): $4M

IMPORTS (2019): $2.98B

NET TRADE (2019): -$2.97B

In 2019, Brazil exported $4M in Potassic Fertilizers. The main destinations of Brazil exports on Potassic Fertilizers were Paraguay ($1.56M), United States ($746k), Bolivia ($500k), Argentina ($428k), and Mexico ($285k).

In 2019, Brazil imported $2.98B in Potassic Fertilizers, mainly from Canada ($826M), Russia ($813M), Belarus ($561M), Germany ($314M), and Israel ($261M).

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IN 2019, Brazil HAD A POSITIVE NET TRADE IN Potassic Fertilizers WITH:

IN 2019, Brazil HAD A NEGATIVE NET TRADE IN Potassic Fertilizers WITH:

Flow

THE FASTEST GROWING Potassic Fertilizers EXPORT MARKETS FOR Brazil WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassic Fertilizers BY Brazil WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Brazil's main exporting competitors in Potassic Fertilizers were:

In 2018, Brazil's main importing competitors in Potassic Fertilizers were:

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Tariffs by Country

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In 2017, the average tariff for Brazil in Potassic Fertilizers was 1%.

The countries with the highest tariffs for Potassic Fertilizers in Brazil were Mexico (4.8%), Cuba (4.32%), Panama (4.32%), Angola (1%), and Burundi (1%).

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