HS Icon Refined Petroleum in  Flag Brazil

2020
Exports | Imports
: $5B | $7.91B, World Rnk 22 / 212
Flag Rnk 11 / 1202 | World Rnk 16 / 224
Flag Rnk 1 / 1194

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $804M | $45.7M, Singapore |  Angola


ECONOMIC COMPLEXITY of Brazil
: 0.44, Rnk 47 / 127


PRODUCT COMPLEXITY  IN Refined Petroleum
: -0.99, Rnk 835 / 1028

Exports In 2020, Brazil exported $5B in Refined Petroleum, making it the 22nd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 11th most exported product in Brazil. The main destination of Refined Petroleum exports from Brazil are: Singapore ($2.24B), United States ($696M), Netherlands ($400M), Panama ($202M), and Marshall Islands ($198M).

The fastest growing export markets for Refined Petroleum of Brazil between 2019 and 2020 were Singapore ($804M), Netherlands ($161M), and Japan ($12.5M).

Imports In 2020, Brazil imported $7.91B in Refined Petroleum, becoming the 16th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Brazil. Brazil imports Refined Petroleum primarily from: United States ($5.94B), Spain ($336M), Netherlands ($266M), India ($224M), and United Arab Emirates ($166M).

The fastest growing import markets in Refined Petroleum for Brazil between 2019 and 2020 were Angola ($45.7M), Oman ($24M), and Bahrain ($22M).

Tariffs In 2017, the average tariff for Brazil in Refined Petroleum was 1.1%. The countries with the highest import tariffs for Refined Petroleum were Mexico (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 10.4%), Cuba (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 9.36%), Panama (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 9.36%), Angola (Most Favoured Nation duty rate treatement, 1.04%), and Burundi (Most Favoured Nation duty rate treatement, 1.04%).

March 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (March 2021 - March 2022): $630M, (160%)

IMPORT GROWTH (March 2021 - March 2022): $569M, (74.8%)

MAIN EXPORTER (March 2022): SĂŁo Paulo, $393M

MAIN DESTINATION (March 2022): Singapore, $433M

This section shows Refined Petroleum'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 Refined Petroleum over time.

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Historical Data

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EXPORTS (2020): $5B

IMPORTS (2020): $7.91B

NET TRADE (2020): -$2.92B

In 2020, Brazil exported $5B in Refined Petroleum. The main destinations of Brazil exports on Refined Petroleum were Singapore ($2.24B), United States ($696M), Netherlands ($400M), Panama ($202M), and Marshall Islands ($198M).

In 2020, Brazil imported $7.91B in Refined Petroleum, mainly from United States ($5.94B), Spain ($336M), Netherlands ($266M), India ($224M), and United Arab Emirates ($166M).

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IN 2020, Brazil HAD A POSITIVE NET TRADE IN Refined Petroleum WITH:

IN 2020, Brazil HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Brazil WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Brazil WERE (2019 - 2020):

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Market Concentration

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In 2019, Brazil's main exporting competitors in Refined Petroleum were:

In 2019, Brazil's main importing competitors in Refined Petroleum were:

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Tariffs by Country

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In 2017, the average tariff for Brazil in Refined Petroleum was 1.1%.

The countries with the highest tariffs for Refined Petroleum in Brazil were Mexico (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 10.4%), Cuba (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 9.36%), Panama (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 9.36%), Angola (Most Favoured Nation duty rate treatement, 1.04%), and Burundi (Most Favoured Nation duty rate treatement, 1.04%).