Spices in Brazil | The Observatory of Economic Complexity

About

Exports In 2022, Brazil exported $50.2M in Spices, making it the 15th largest exporter of Spices in the world. At the same year, Spices was the 329th most exported product in Brazil. The main destination of Spices exports from Brazil are: Netherlands ($19.4M), United States ($8.6M), Poland ($3.23M), Germany ($2.94M), and Argentina ($2.36M).

The fastest growing export markets for Spices of Brazil between 2021 and 2022 were Poland ($2.8M), Ukraine ($887k), and Czechia ($276k).

Imports In 2022, Brazil imported $9.72M in Spices, becoming the 54th largest importer of Spices in the world. At the same year, Spices was the 773rd most imported product in Brazil. Brazil imports Spices primarily from: India ($4.4M), Turkey ($2.09M), China ($803k), Peru ($414k), and Germany ($356k).

The fastest growing import markets in Spices for Brazil between 2021 and 2022 were India ($1.46M), China ($442k), and Germany ($322k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Spices from Brazil to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Brazil's Spices exports accounted up to $2.37M and imports accounted up to $1.01M, resulting in a positive trade balance of $1.37M. Between February 2023 and February 2024 the exports of Brazil's Spices have decreased by $-184k (-7.19%) from $2.56M to $2.37M, while imports increased by $302k (42.9%) from $704k to $1.01M.

Destinations In February 2024, Spices were exported mostly to United States ($756k), France ($297k), Argentina ($286k), Italy ($282k), and Panama ($211k), and were imported mostly from India ($449k), Turkey ($147k), China ($120k), Egypt ($114k), and Peru ($74.2k).

Growth In February 2024, the decrease in Spices's year-by-year exports was explained primarily by a decrease in exports to United States ($-160k or -40.9%), Germany ($-143k or -27.1%), and Argentina ($-115k or -64.8%). In February 2024, the increase in Spices's year-by-year imports was explained primarily by an increase in imports from Turkey ($273k or 859%), India ($71k or 33.8%), and Spain ($57.1k or 1.29k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-184k(-7.19%)

IMPORT GROWTH (February 2023 - February 2024)$302k(42.9%)

MAIN EXPORTER (February 2024)Espírito Santo$1.51M

MAIN DESTINATION (February 2024)United States$756k

This section shows Spices'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 Spices over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$50.2M

IMPORTS (2022)$9.72M

NET TRADE (2022)$40.5M

In 2022, Brazil exported $50.2M in Spices. The main destinations of Brazil exports on Spices were Netherlands ($19.4M), United States ($8.6M), Poland ($3.23M), Germany ($2.94M), and Argentina ($2.36M).

In 2022, Brazil imported $9.72M in Spices, mainly from India ($4.4M), Turkey ($2.09M), China ($803k), Peru ($414k), and Germany ($356k).

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