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2022
Exports $7.99MWorld Rnk 38 / 131
Flag Rnk 638 / 1206
2022
Destination $1.36M Chile
2021 - 2022
FASTEST GROWING MARKET $1.36MColombia
2022
PRODUCT COMPLEXITY IN Rubber-2.24Rnk 1010 / 1025
2022
Imports $493MWorld Rnk 10 / 192
Flag Rnk 102 / 1198
2022
Origin $27.5M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $27.5MIndonesia
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $7.99M in Rubber, making it the 38th largest exporter of Rubber in the world. At the same year, Rubber was the 638th most exported product in Brazil. The main destination of Rubber exports from Brazil are: Chile ($1.57M), Colombia ($1.37M), Peru ($1.22M), United States ($1.1M), and Argentina ($1.06M).

The fastest growing export markets for Rubber of Brazil between 2021 and 2022 were Colombia ($1.36M), United States ($896k), and Peru ($645k).

Imports In 2022, Brazil imported $493M in Rubber, becoming the 10th largest importer of Rubber in the world. At the same year, Rubber was the 102nd most imported product in Brazil. Brazil imports Rubber primarily from: Thailand ($189M), Indonesia ($164M), Cote d'Ivoire ($43.9M), Malaysia ($30.2M), and Vietnam ($28.5M).

The fastest growing import markets in Rubber for Brazil between 2021 and 2022 were Indonesia ($27.5M), Cote d'Ivoire ($14.9M), and Malaysia ($7.16M).

COMPANIES In 2023, leading companies such as Fetzer Vineyards (3) and CMPC (1) were at the forefront of shipping Rubber from Brazil to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Rubber exports accounted up to $2.42M and imports accounted up to $29.6M, resulting in a negative trade balance of $27.1M. Between October 2023 and October 2024 the exports of Brazil's   Rubber have increased by $1.27M (110%) from $1.15M to $2.42M, while imports increased by $11.6M (64.8%) from $17.9M to $29.6M.

Destinations In October 2024, Rubber were exported mostly to Mexico ($1.82M), Romania ($340k), Argentina ($186k), Chile ($43.4k), and United States ($17k), and were imported mostly from Thailand ($11.6M), Indonesia ($5.44M), Cote d'Ivoire ($4.46M), Malaysia ($2.58M), and Vietnam ($2.26M).

Growth In October 2024, the increase in Rubber's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the increase in Rubber's year-by-year imports was explained primarily by an increase in imports from Colombia ($1.03M or 246%), Cote d'Ivoire ($142k or 4.59%), and Ghana ($29.5k or 78.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$1.27M(110%)
IMPORT GROWTH (October 2023 - October 2024)$11.6M(64.8%)
MAIN EXPORTER (October 2024)São Paulo$2.48M
MAIN DESTINATION (October 2024)Mexico$1.82M

This section shows Rubber'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 Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.99M
IMPORTS (2022)$493M
NET TRADE (2022)-$485M

In 2022, Brazil exported $7.99M in Rubber. The main destinations of Brazil exports on Rubber were Chile ($1.57M), Colombia ($1.37M), Peru ($1.22M), United States ($1.1M), and Argentina ($1.06M).

In 2022, Brazil imported $493M in Rubber, mainly from Thailand ($189M), Indonesia ($164M), Cote d'Ivoire ($43.9M), Malaysia ($30.2M), and Vietnam ($28.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Colombia$1.36M (12.3k%)
United States$896k (433%)
Peru$645k (112%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY Brazil WERE (2021 - 2022):
Costa Rica-$922k (-98.4%)
Ecuador-$224k (-89.9%)
Italy-$56.2k (-95.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Rubber were:
Thailand $5.47B
Indonesia $4.17B
Cote d'Ivoire $2.11B
In 2022, Brazil's main importing competitors in Rubber were:
China $3.82B
United States $2.06B
Malaysia $1.42B

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Trade Value of Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.56M
TOP IMPORT POTENTIALCote d'Ivoire+ $19.3M

Rubber’s highest export potential is United States. With an export gap of $1.56M.   Rubber’s highest import potential is Cote d'Ivoire with an import gap of $19.3M.

See methodology.

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