Fish oil in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $1.32M in Fish oil, making it the 54th largest exporter of Fish oil in the world. At the same year, Fish oil was the 875th most exported product in Brazil. The main destination of Fish oil exports from Brazil are: Chile ($567k), Nigeria ($422k), Argentina ($141k), Uruguay ($91.2k), and Dominican Republic ($52.2k).

The fastest growing export markets for Fish oil of Brazil between 2021 and 2022 were Nigeria ($422k), Uruguay ($91.2k), and Dominican Republic ($52.2k).

Imports In 2022, Brazil imported $25.7M in Fish oil, becoming the 25th largest importer of Fish oil in the world. At the same year, Fish oil was the 600th most imported product in Brazil. Brazil imports Fish oil primarily from: Chile ($15.3M), Peru ($6.59M), China ($1.53M), Germany ($600k), and Norway ($338k).

The fastest growing import markets in Fish oil for Brazil between 2021 and 2022 were Chile ($4.78M), China ($623k), and Germany ($594k).

Latest Trends

July 2024

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Overview In July 2024 Brazil's Fish oil exports accounted up to $810k and imports accounted up to $3.99M, resulting in a negative trade balance of $3.18M. Between July 2023 and July 2024 the exports of Brazil's Fish oil have decreased by $-1.49M (-64.7%) from $2.3M to $810k, while imports increased by $671k (20.2%) from $3.32M to $3.99M.

Destinations In July 2024, Fish oil were exported mostly to Chile ($451k) and United States ($359k), and were imported mostly from Chile ($3.09M), Peru ($330k), Argentina ($321k), Norway ($73.1k), and China ($68.6k).

Growth In July 2024, the decrease in Fish oil's year-by-year exports was explained primarily by a decrease in exports to Chile ($-4.09k or -4.21%). In July 2024, the increase in Fish oil's year-by-year imports was explained primarily by an increase in imports from Chile ($508k or 88.4%), China ($69.1k or 646%), and Norway ($6.19k or 28.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$-1.49M(-64.7%)

IMPORT GROWTH (July 2023 - July 2024)$671k(20.2%)

MAIN EXPORTER (July 2024)Santa Catarina$752k

MAIN DESTINATION (July 2024)Chile$451k

This section shows Fish 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 Fish oil over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.32M

IMPORTS (2022)$25.7M

NET TRADE (2022)-$24.4M

In 2022, Brazil exported $1.32M in Fish oil. The main destinations of Brazil exports on Fish oil were Chile ($567k), Nigeria ($422k), Argentina ($141k), Uruguay ($91.2k), and Dominican Republic ($52.2k).

In 2022, Brazil imported $25.7M in Fish oil, mainly from Chile ($15.3M), Peru ($6.59M), China ($1.53M), Germany ($600k), and Norway ($338k).

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