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2023
Exports $3.43MWorld Rnk 46 / 151
Flag Rnk 770 / 1207
2023
Destination $619k United States
2022 - 2023
FASTEST GROWING MARKET $619kUnited States
2023
PRODUCT COMPLEXITY IN Coconut Oil-1.7Rnk 972 / 1025
2023
Imports $270MWorld Rnk 6 / 210
Flag Rnk 164 / 1200
2023
Origin $416k Indonesia
2022 - 2023
FASTEST GROWING ORIGIN $416kGuatemala
2023
ECONOMIC COMPLEXITY of Brazil0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $3.43M in Coconut Oil, making it the 46th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 770th most exported product in Brazil. The main destination of Coconut Oil exports from Brazil are: United States ($1.21M), Argentina ($647k), Netherlands ($620k), Paraguay ($290k), and Germany ($249k).

The fastest growing export markets for Coconut Oil of Brazil between 2022 and 2023 were United States ($619k), Netherlands ($328k), and Germany ($150k).

Imports In 2023, Brazil imported $270M in Coconut Oil, becoming the 6th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 164th most imported product in Brazil. Brazil imports Coconut Oil primarily from: Indonesia ($239M), Colombia ($12.5M), Malaysia ($11.5M), Uruguay ($1.62M), and Philippines ($1.47M).

The fastest growing import markets in Coconut Oil for Brazil between 2022 and 2023 were Guatemala ($416k), Sri Lanka ($226k), and India ($136k).

Latest Trends

December 2024

About

Overview In December 2024 Brazil's Coconut Oil exports accounted up to $764k and imports accounted up to $19.8M, resulting in a negative trade balance of $19M. Between December 2023 and December 2024 the exports of Brazil's   Coconut Oil have increased by $590k (340%) from $174k to $764k, while imports increased by $2.97M (17.6%) from $16.8M to $19.8M.

Destinations In December 2024, Coconut Oil were exported mostly to Paraguay ($306k), Argentina ($280k), Netherlands ($51.5k), Colombia ($48.8k), and Bolivia ($24.4k), and were imported mostly from Indonesia ($17.7M), Malaysia ($1.48M), Colombia ($382k), Paraguay ($110k), and Philippines ($78.9k).

Growth In December 2024, the increase in Coconut Oil's year-by-year exports was explained primarily by an increase in exports to Netherlands ($81.4k or 179%), United States ($49.5k or 113%), and Uruguay ($19.6k or 2.52k%). In December 2024, the increase in Coconut Oil's year-by-year imports was explained primarily by an increase in imports from Indonesia ($3.6M or 15%), Malaysia ($430k or 3.69k%), and Uruguay ($113k or 172%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$590k(340%)
IMPORT GROWTH (December 2023 - December 2024)$2.97M(17.6%)
MAIN EXPORTER (December 2024)São Paulo$540k
MAIN DESTINATION (December 2024)Paraguay$306k

This section shows Coconut Oil'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 Coconut Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.43M
IMPORTS (2023)$270M
NET TRADE (2023)-$267M

In 2023, Brazil exported $3.43M in Coconut Oil. The main destinations of Brazil exports on Coconut Oil were United States ($1.21M), Argentina ($647k), Netherlands ($620k), Paraguay ($290k), and Germany ($249k).

In 2023, Brazil imported $270M in Coconut Oil, mainly from Indonesia ($239M), Colombia ($12.5M), Malaysia ($11.5M), Uruguay ($1.62M), and Philippines ($1.47M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
United States$619k (105%)
Netherlands$328k (112%)
Germany$150k (153%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Brazil WERE (2022 - 2023):
Argentina-$3.27M (-83.5%)
Uruguay-$242k (-78.2%)
Mexico-$242k (-78%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Coconut Oil were:
Indonesia $2.54B
Philippines $1.17B
Malaysia $1.09B
In 2023, Brazil's main importing competitors in Coconut Oil were:
United States $1.05B
China $893M
Germany $678M

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.01M
TOP IMPORT POTENTIALColombia+ $6.97M

Coconut Oil’s highest export potential is United States. With an export gap of $1.01M.   Coconut Oil’s highest import potential is Colombia with an import gap of $6.97M.

See methodology.

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