Exports: In 2019, Brazil exported $1.01B in Steel Ingots, making it the 1st largest exporter of Steel Ingots in the world. At the same year, Steel Ingots was the 33rd most exported product in Brazil. The main destination of Steel Ingots exports from Brazil are: United States ($940M), Germany ($36.9M), China ($9.37M), Canada ($9.17M), and Spain ($9.06M).
The fastest growing export markets for Steel Ingots of Brazil between 2018 and 2019 were Germany ($11.3M), China ($7.86M), and Belgium ($475k).
Imports: In 2019, Brazil imported $14M in Steel Ingots, becoming the 29th largest importer of Steel Ingots in the world. At the same year, Steel Ingots was the 657th most imported product in Brazil. Brazil imports Steel Ingots primarily from: Italy ($8.27M), United States ($1.99M), China ($981k), Russia ($843k), and Germany ($484k).
The fastest growing import markets in Steel Ingots for Brazil between 2018 and 2019 were Italy ($1.23M), China ($516k), and Argentina ($224k).
Tariffs: In 2017, the average tariff for Brazil in Steel Ingots was 7.65%. The countries with the highest import tariffs for Steel Ingots were Angola (8%), Burundi (8%), Benin (8%), Burkina Faso (8%), and Botswana (8%).