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%).