Tungsten in Brazil 2020 Exports | Imports : $2.61M | $6.48M, World Rnk 33 / 105 Rnk 744 / 1202 | World Rnk 29 / 169 Rnk 777 / 1194
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $668k | $332k, Chinese Taipei | United States
2020 ECONOMIC COMPLEXITY of Brazil: 0.44, Rnk 47 / 127
2020 PRODUCT COMPLEXITY IN Tungsten: 1.46, Rnk 64 / 1029
Exports In 2020, Brazil exported $2.61M in Tungsten, making it the 33rd largest exporter of Tungsten in the world. At the same year, Tungsten was the 744th most exported product in Brazil. The main destination of Tungsten exports from Brazil are: Chinese Taipei ($742k), Austria ($706k), Germany ($545k), Hong Kong ($208k), and United States ($203k).
The fastest growing export markets for Tungsten of Brazil between 2019 and 2020 were Chinese Taipei ($668k), Hong Kong ($208k), and Austria ($106k).
Imports In 2020, Brazil imported $6.48M in Tungsten, becoming the 29th largest importer of Tungsten in the world. At the same year, Tungsten was the 777th most imported product in Brazil. Brazil imports Tungsten primarily from: China ($3.79M), United States ($1.28M), Italy ($477k), Germany ($250k), and France ($145k).
The fastest growing import markets in Tungsten for Brazil between 2019 and 2020 were United States ($332k), Italy ($291k), and France ($37.2k).
Tariffs In 2017, the average tariff for Brazil in Tungsten was 1.92%. The countries with the highest import tariffs for Tungsten were Angola (Most Favoured Nation duty rate treatement, 2%), Burundi (Most Favoured Nation duty rate treatement, 2%), Benin (Most Favoured Nation duty rate treatement, 2%), Burkina Faso (Most Favoured Nation duty rate treatement, 2%), and Botswana (Most Favoured Nation duty rate treatement, 2%).
January 2023
Overview In January 2023 Brazil's Tungsten exports accounted up to $388k and imports accounted up to $856k, resulting in a negative trade balance of $469k. Between January 2022 and January 2023 the exports of Brazil's Tungsten have increased by $33.4k (9.43%) from $354k to $388k, while imports increased by $64.3k (8.11%) from $792k to $856k.
Destinations In January 2023, Tungsten were exported mostly to Austria ($245k), United States ($77.7k), Netherlands ($61.9k), Paraguay ($1.17k), and France ($1.06k), and were imported mostly from China ($499k), United States ($171k), United Kingdom ($97k), Germany ($48k), and Canada ($12.6k).
Growth In January 2023, the increase in Tungsten's year-by-year exports was explained primarily by an increase in exports to Germany ($104k or 346%) and Austria ($81.5k or 66.5%). In January 2023, the increase in Tungsten's year-by-year imports was explained primarily by an increase in imports from China ($118k or 46.2%), Italy ($79.7k or 581%), and United Kingdom ($60.4k or 86.3%).
EXPORT GROWTH (January 2022 - January 2023): $33.4k, (9.43%)
IMPORT GROWTH (January 2022 - January 2023): $64.3k, (8.11%)
MAIN EXPORTER (January 2023): São Paulo, $210k
MAIN DESTINATION (January 2023): Austria, $245k
This section shows Tungsten'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 Tungsten over time.
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EXPORTS (2020): $2.61M
IMPORTS (2020): $6.48M
NET TRADE (2020): -$3.87M
In 2020, Brazil exported $2.61M in Tungsten. The main destinations of Brazil exports on Tungsten were Chinese Taipei ($742k), Austria ($706k), Germany ($545k), Hong Kong ($208k), and United States ($203k).
In 2020, Brazil imported $6.48M in Tungsten, mainly from China ($3.79M), United States ($1.28M), Italy ($477k), Germany ($250k), and France ($145k).
THE FASTEST GROWING Tungsten EXPORT MARKETS FOR Brazil WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten BY Brazil WERE (2019 - 2020):
In 2020, Brazil's main exporting competitors in Tungsten were:
In 2020, Brazil's main importing competitors in Tungsten were:
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