2019 Exports | Imports: $5.33B | $3.72M, World Rnk 1 / 164
Rnk 10 / 1199 | World Rnk 151 / 221 Rnk 883 / 1196
2019 Destination | Origin: $634M | $1.88M, Algeria | United States
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $173M | $863k, China | United Arab Emirates
2019 ECONOMIC COMPLEXITY of Brazil: 0.64, Rnk 44 / 157
2019 PRODUCT COMPLEXITY IN Raw Sugar: -1.74, Rnk 982 / 1029
Exports: In 2019, Brazil exported $5.33B in Raw Sugar, making it the 1st largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 10th most exported product in Brazil. The main destination of Raw Sugar exports from Brazil are: Algeria ($634M), Bangladesh ($474M), Nigeria ($418M), Saudi Arabia ($402M), and China ($391M).
The fastest growing export markets for Raw Sugar of Brazil between 2018 and 2019 were China ($173M), Iran ($139M), and Yemen ($39.8M).
Imports: In 2019, Brazil imported $3.72M in Raw Sugar, becoming the 151st largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 883rd most imported product in Brazil. Brazil imports Raw Sugar primarily from: United States ($1.88M), United Arab Emirates ($863k), Germany ($260k), Guatemala ($142k), and Switzerland ($83.4k).
The fastest growing import markets in Raw Sugar for Brazil between 2018 and 2019 were United Arab Emirates ($863k), United States ($278k), and Guatemala ($142k).
Tariffs: In 2017, the average tariff for Brazil in Raw Sugar was 15.6%. The countries with the highest import tariffs for Raw Sugar were Angola (16%), Burundi (16%), Benin (16%), Burkina Faso (16%), and Botswana (16%).
Overview: In February 2021 Brazil's Raw Sugar exports accounted up to $608M and imports accounted up to $308k, resulting in a positive trade balance of $607M. Between February 2020 and February 2021 the exports of Brazil's Raw Sugar have increased by $224M (58.3%) from $384M to $608M, while imports increased by $242k (366%) from $66.1k to $308k.
Destinations: In February 2021 Raw Sugar exported mostly to Algeria ($73.5M), Bangladesh ($69.6M), Iran ($45.3M), Morocco ($44.9M), and Indonesia ($44.6M), and imported mostly from United States ($283k), Germany ($19.4k), Paraguay ($2.3k), China ($2.23k), and Switzerland ($412).
Growth: In February 2021, the increase in Raw Sugar's year-by-year exports was explained primarily by an increase in exports to Malaysia ($37.1M or 862%), Algeria ($33.5M or 83.7%), and Indonesia ($26.4M or 146%). In February 2021, the increase in Raw Sugar's year-by-year imports was explained primarily by an increase in imports from United States ($263k or 1.33k%), Germany ($10.3k or 112%), and Switzerland ($135 or 48.7%).
EXPORT GROWTH (February 2020 - February 2021): $224M, (58.3%)
IMPORT GROWTH (February 2020 - February 2021): $242k, (366%)
MAIN EXPORTER (February 2021): São Paulo, $318M
MAIN DESTINATION (February 2021): Algeria, $73.5M
This section shows Raw Sugar'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 Raw Sugar over time.
EXPORTS (2019): $5.33B
IMPORTS (2019): $3.72M
NET TRADE (2019): $5.32B
In 2019, Brazil exported $5.33B in Raw Sugar. The main destinations of Brazil exports on Raw Sugar were Algeria ($634M), Bangladesh ($474M), Nigeria ($418M), Saudi Arabia ($402M), and China ($391M).
In 2019, Brazil imported $3.72M in Raw Sugar, mainly from United States ($1.88M), United Arab Emirates ($863k), Germany ($260k), Guatemala ($142k), and Switzerland ($83.4k).
IN 2019, Brazil HAD A POSITIVE NET TRADE IN Raw Sugar WITH:
In 2018, Brazil's main exporting competitors in Raw Sugar were:
In 2018, Brazil's main importing competitors in Raw Sugar were:
In 2017, the average tariff for Brazil in Raw Sugar was 15.6%.
The countries with the highest tariffs for Raw Sugar in Brazil were Angola (16%), Burundi (16%), Benin (16%), Burkina Faso (16%), and Botswana (16%).
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