HS Icon Wool in  Flag Brazil

2019
Exports | Imports
: $25.1M | $1.85M, World Rnk 11 / 108
Flag Rnk 386 / 1199 | World Rnk 42 / 133
Flag Rnk 967 / 1196

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $480k | $237k, Bulgaria |  Uruguay

2019
ECONOMIC COMPLEXITY of Brazil
: 0.58, Rnk 44 / 147

2019
PRODUCT COMPLEXITY  IN Wool
: -1.76, Rnk 986 / 1029

Exports: In 2019, Brazil exported $25.1M in Wool, making it the 11th largest exporter of Wool in the world. At the same year, Wool was the 386th most exported product in Brazil. The main destination of Wool exports from Brazil are: Uruguay ($24.4M), Bulgaria ($480k), South Africa ($159k), Germany ($43.9k), and India ($25.9k).

The fastest growing export markets for Wool of Brazil between 2018 and 2019 were Bulgaria ($480k), South Africa ($102k), and India ($13.4k).

Imports: In 2019, Brazil imported $1.85M in Wool, becoming the 42nd largest importer of Wool in the world. At the same year, Wool was the 967th most imported product in Brazil. Brazil imports Wool primarily from: Uruguay ($929k), Argentina ($808k), Serbia ($75.3k), United States ($30.8k), and France ($7.02k).

The fastest growing import markets in Wool for Brazil between 2018 and 2019 were Uruguay ($237k), Serbia ($75.3k), and United States ($28.2k).

Tariffs: In 2017, the average tariff for Brazil in Wool was 7.67%. The countries with the highest import tariffs for Wool were Angola (Most Favoured Nation duty rate treatement, 8%), Burundi (Most Favoured Nation duty rate treatement, 8%), Benin (Most Favoured Nation duty rate treatement, 8%), Burkina Faso (Most Favoured Nation duty rate treatement, 8%), and Botswana (Most Favoured Nation duty rate treatement, 8%).

Latest Trends (March 2021)

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Overview: In March 2021 Brazil's Wool exports accounted up to $2M and imports accounted up to $114k, resulting in a positive trade balance of $1.89M. Between March 2020 and March 2021 the exports of Brazil's   Wool have increased by $744k (59.2%) from $1.26M to $2M, while imports decreased by $-83.8k (-42.3%) from $198k to $114k.

Destinations: In March 2021, Wool were exported mostly to Uruguay ($1.87M), Bulgaria ($110k), and Germany ($19.1k), and were imported mostly from .

Growth: In March 2021, the increase in Wool's year-by-year exports was explained primarily by an increase in exports to Uruguay ($615k or 48.9%). In October 2020, the decrease in Wool's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (March 2020 - March 2021): $744k, (59.2%)

IMPORT GROWTH (October 2019 - October 2020): $-83.8k, (-42.3%)

MAIN EXPORTER (March 2021): Rio Grande Do Sul, $2M

MAIN DESTINATION (March 2021): Uruguay, $1.87M

This section shows Wool'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 Wool over time.

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Historical Data

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Value

EXPORTS (2019): $25.1M

IMPORTS (2019): $1.85M

NET TRADE (2019): $23.2M

In 2019, Brazil exported $25.1M in Wool. The main destinations of Brazil exports on Wool were Uruguay ($24.4M), Bulgaria ($480k), South Africa ($159k), Germany ($43.9k), and India ($25.9k).

In 2019, Brazil imported $1.85M in Wool, mainly from Uruguay ($929k), Argentina ($808k), Serbia ($75.3k), United States ($30.8k), and France ($7.02k).

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IN 2019, Brazil HAD A POSITIVE NET TRADE IN Wool WITH:: Uruguay , $23.5M ($24.4M - $929k)

IN 2019, Brazil HAD A NEGATIVE NET TRADE IN Wool WITH:: Paraguay , -$373k ($595 - $374k)

Flow

THE FASTEST GROWING Wool EXPORT MARKETS FOR Brazil WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Brazil WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Brazil's main exporting competitors in Wool were:

In 2018, Brazil's main importing competitors in Wool were:

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Tariffs by Country

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In 2017, the average tariff for Brazil in Wool was 7.67%.

The countries with the highest tariffs for Wool in Brazil were Angola (Most Favoured Nation duty rate treatement, 8%), Burundi (Most Favoured Nation duty rate treatement, 8%), Benin (Most Favoured Nation duty rate treatement, 8%), Burkina Faso (Most Favoured Nation duty rate treatement, 8%), and Botswana (Most Favoured Nation duty rate treatement, 8%).