2022
Exports
$4.24BWorld Rnk 3 / 129
Flag Rnk 14 / 1206
2022
PRODUCT COMPLEXITY IN Ferroalloys
-1.24Rnk 892 / 1025
2022
Imports
$349MWorld Rnk 25 / 172
Flag Rnk 139 / 1198
2022
ECONOMIC COMPLEXITY of Brazil
0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $4.24B in Ferroalloys, making it the 3rd largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 14th most exported product in Brazil. The main destination of Ferroalloys exports from Brazil are: China ($1.34B), Netherlands ($564M), United States ($371M), Japan ($340M), and Belgium ($248M).

The fastest growing export markets for Ferroalloys of Brazil between 2021 and 2022 were China ($335M), Belgium ($117M), and Japan ($50.6M).

Imports In 2022, Brazil imported $349M in Ferroalloys, becoming the 25th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 139th most imported product in Brazil. Brazil imports Ferroalloys primarily from: India ($70.8M), Norway ($70.1M), South Korea ($47.4M), China ($29.7M), and Sweden ($20M).

The fastest growing import markets in Ferroalloys for Brazil between 2021 and 2022 were Norway ($21.8M), China ($19.9M), and South Korea ($13.3M).

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-10.6M(-3.43%)
IMPORT GROWTH (September 2023 - September 2024)$8.02M(63.2%)
MAIN EXPORTER (September 2024)Minas Gerais$232M
MAIN DESTINATION (September 2024)China$86.3M

This section shows Ferroalloys'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 Ferroalloys over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.24B
IMPORTS (2022)$349M
NET TRADE (2022)$3.89B

In 2022, Brazil exported $4.24B in Ferroalloys. The main destinations of Brazil exports on Ferroalloys were China ($1.34B), Netherlands ($564M), United States ($371M), Japan ($340M), and Belgium ($248M).

In 2022, Brazil imported $349M in Ferroalloys, mainly from India ($70.8M), Norway ($70.1M), South Korea ($47.4M), China ($29.7M), and Sweden ($20M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
China$335M (33.5%)
Belgium$117M (89.5%)
Japan$50.6M (17.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Brazil WERE (2021 - 2022):
Germany-$75.3M (-82%)
South Korea-$61.6M (-20%)
Russia-$52.5M (-94.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Ferroalloys were:
In 2022, Brazil's main importing competitors in Ferroalloys were:

Explore Visualizations

Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $309M
TOP IMPORT POTENTIALIndia+ $22.6M

Ferroalloys’s highest export potential is China. With an export gap of $309M.   Ferroalloys’s highest import potential is India with an import gap of $22.6M.

See methodology.

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