Rubber in Brazil | The Observatory of Economic Complexity

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 USA , INC (1) were at the forefront of shipping Rubber from Brazil to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Brazil's Rubber exports accounted up to $1.39M and imports accounted up to $18.4M, resulting in a negative trade balance of $17M. Between March 2023 and March 2024 the exports of Brazil's Rubber have increased by $696k (101%) from $690k to $1.39M, while imports increased by $2.2M (13.6%) from $16.2M to $18.4M.

Destinations In March 2024, Rubber were exported mostly to Mexico ($612k), Chile ($480k), Argentina ($281k), Paraguay ($5.78k), and Costa Rica ($3.53k), and were imported mostly from Thailand ($5.87M), Indonesia ($4.11M), Cote d'Ivoire ($3.59M), Vietnam ($1.99M), and Malaysia ($1.4M).

Growth In March 2024, the increase in Rubber's year-by-year exports was explained primarily by an increase in exports to . In March 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$696k(101%)

IMPORT GROWTH (March 2023 - March 2024)$2.2M(13.6%)

MAIN EXPORTER (March 2024)São Paulo$1.39M

MAIN DESTINATION (March 2024)Mexico$612k

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

Trade Value

Growth

Growth (%)

Year

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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