Gold in Brazil | The Observatory of Economic Complexity

About

Exports In 2022, Brazil exported $5.04B in Gold, making it the 23rd largest exporter of Gold in the world. At the same year, Gold was the 12th most exported product in Brazil. The main destination of Gold exports from Brazil are: Canada ($1.67B), United Kingdom ($815M), India ($806M), Switzerland ($764M), and United Arab Emirates ($442M).

The fastest growing export markets for Gold of Brazil between 2021 and 2022 were India ($173M), Turkey ($68.6M), and Canada ($65.1M).

Imports In 2022, Brazil imported $6.55M in Gold, becoming the 102nd largest importer of Gold in the world. At the same year, Gold was the 839th most imported product in Brazil. Brazil imports Gold primarily from: Canada ($2.75M), Singapore ($1.71M), South Korea ($1.49M), United States ($231k), and Germany ($124k).

The fastest growing import markets in Gold for Brazil between 2021 and 2022 were Canada ($2.71M), United States ($86.3k), and France ($10.1k).

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Gold exports accounted up to $399M and imports accounted up to $939k, resulting in a positive trade balance of $398M. Between October 2023 and October 2024 the exports of Brazil's Gold have increased by $145M (57%) from $254M to $399M, while imports decreased by $-87.2k (-8.5%) from $1.03M to $939k.

Destinations In October 2024, Gold were exported mostly to Canada ($163M), United Kingdom ($97.1M), Switzerland ($90.7M), United Arab Emirates ($22.8M), and Germany ($14.3M), and were imported mostly from United States ($493k), South Korea ($407k), Italy ($18.6k), Australia ($7.4k), and Czechia ($5.37k).

Growth In October 2024, the increase in Gold's year-by-year exports was explained primarily by an increase in exports to United States ($26.9M or 2.69k%), Switzerland ($14.2M or 28.4%), and Canada ($13.4M or 11.7%). In October 2024, the decrease in Gold's year-by-year imports was explained primarily by a decrease in imports from United States ($-2.81k or -79.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2023 - October 2024)$145M(57%)

IMPORT GROWTH (October 2023 - October 2024)$-87.2k(-8.5%)

MAIN EXPORTER (October 2024)Minas Gerais$203M

MAIN DESTINATION (October 2024)Canada$163M

This section shows Gold'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 Gold over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$5.04B

IMPORTS (2022)$6.55M

NET TRADE (2022)$5.04B

In 2022, Brazil exported $5.04B in Gold. The main destinations of Brazil exports on Gold were Canada ($1.67B), United Kingdom ($815M), India ($806M), Switzerland ($764M), and United Arab Emirates ($442M).

In 2022, Brazil imported $6.55M in Gold, mainly from Canada ($2.75M), Singapore ($1.71M), South Korea ($1.49M), United States ($231k), and Germany ($124k).

Explore Visualizations