Borax in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $235k in Borax, making it the 29th largest exporter of Borax in the world. At the same year, Borax was the 1042nd most exported product in Brazil. The main destination of Borax exports from Brazil are: Bolivia ($204k), Colombia ($30k), Canada ($806), and Nicaragua ($120).

The fastest growing export markets for Borax of Brazil between 2021 and 2022 were Canada ($806) and Nicaragua ($120).

Imports In 2022, Brazil imported $70.4M in Borax, becoming the 2nd largest importer of Borax in the world. At the same year, Borax was the 388th most imported product in Brazil. Brazil imports Borax primarily from: Bolivia ($44.2M), Argentina ($19.6M), Chile ($5.97M), Turkey ($679k), and United Kingdom ($71.9k).

The fastest growing import markets in Borax for Brazil between 2021 and 2022 were Bolivia ($10.9M) and Italy ($169).

Latest Trends

September 2024

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Overview In September 2024 Brazil's Borax exports accounted up to $1.44k and imports accounted up to $11.5M, resulting in a negative trade balance of $11.5M. Between April 2023 and September 2024 the exports of Brazil's Borax have decreased by $-214 (-13%) from $1.65k to $1.44k, while imports increased by $1.1M (10.6%) from $10.4M to $11.5M.

Destinations In September 2024, Borax were exported mostly to Colombia ($1.44k), and were imported mostly from Bolivia ($7.32M), Argentina ($3.1M), Chile ($631k), and Turkey ($453k).

Growth In September 2024, the decrease in Borax's year-by-year exports was explained primarily by a decrease in exports to . In September 2024, the increase in Borax's year-by-year imports was explained primarily by an increase in imports from Argentina ($334k or 140%) and Chile ($140k or 22.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - September 2024)$-214(-13%)

IMPORT GROWTH (September 2023 - September 2024)$1.1M(10.6%)

MAIN EXPORTER (September 2024)Paraná$104k

MAIN DESTINATION (September 2024)Colombia$1.44k

This section shows Borax'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 Borax over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$235k

IMPORTS (2022)$70.4M

NET TRADE (2022)-$70.2M

In 2022, Brazil exported $235k in Borax. The main destinations of Brazil exports on Borax were Bolivia ($204k), Colombia ($30k), Canada ($806), and Nicaragua ($120).

In 2022, Brazil imported $70.4M in Borax, mainly from Bolivia ($44.2M), Argentina ($19.6M), Chile ($5.97M), Turkey ($679k), and United Kingdom ($71.9k).

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