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2023
Exports $2.59MWorld Rnk 36 / 115
Flag Rnk 815 / 1207
2023
Destination $1.14M Spain
2022 - 2023
FASTEST GROWING MARKET $1.14MSpain
2023
PRODUCT COMPLEXITY IN Hormones0.83Rnk 237 / 1025
2023
Imports $202MWorld Rnk 14 / 194
Flag Rnk 208 / 1200
2023
Origin $4.52M China
2022 - 2023
FASTEST GROWING ORIGIN $4.52MItaly
2023
ECONOMIC COMPLEXITY of Brazil0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $2.59M in Hormones, making it the 36th largest exporter of Hormones in the world. At the same year, Hormones was the 815th most exported product in Brazil. The main destination of Hormones exports from Brazil are: Spain ($1.14M), Argentina ($422k), China ($279k), India ($177k), and Belgium ($126k).

The fastest growing export markets for Hormones of Brazil between 2022 and 2023 were Spain ($1.14M), China ($279k), and Belgium ($126k).

Imports In 2023, Brazil imported $202M in Hormones, becoming the 14th largest importer of Hormones in the world. At the same year, Hormones was the 208th most imported product in Brazil. Brazil imports Hormones primarily from: China ($52.8M), Italy ($48.9M), Denmark ($45.8M), India ($13.2M), and Netherlands ($11M).

The fastest growing import markets in Hormones for Brazil between 2022 and 2023 were Italy ($4.52M), United States ($1.36M), and Mexico ($985k).

Latest Trends

December 2024

About

Overview In December 2024 Brazil's Hormones exports accounted up to $45.7k and imports accounted up to $15.1M, resulting in a negative trade balance of $15M. Between December 2023 and December 2024 the exports of Brazil's   Hormones have decreased by $-446k (-90.7%) from $492k to $45.7k, while imports decreased by $-2.58M (-14.6%) from $17.7M to $15.1M.

Destinations In December 2024, Hormones were exported mostly to Hong Kong ($26.6k), Serbia ($7.9k), Germany ($5.93k), Peru ($2.9k), and Paraguay ($1.13k), and were imported mostly from China ($5.6M), Denmark ($4.39M), Italy ($3.32M), Germany ($756k), and India ($501k).

Growth In December 2024, the decrease in Hormones's year-by-year exports was explained primarily by a decrease in exports to Marshall Islands ($-6 or -18.8%). In December 2024, the decrease in Hormones's year-by-year imports was explained primarily by a decrease in imports from Canada ($-1.57M or -97.8%), Mexico ($-1.26M or -80.6%), and China ($-752k or -12.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-446k(-90.7%)
IMPORT GROWTH (December 2023 - December 2024)$-2.58M(-14.6%)
MAIN EXPORTER (December 2024)São Paulo$683k
MAIN DESTINATION (December 2024)Hong Kong$26.6k

This section shows Hormones'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 Hormones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.59M
IMPORTS (2023)$202M
NET TRADE (2023)-$200M

In 2023, Brazil exported $2.59M in Hormones. The main destinations of Brazil exports on Hormones were Spain ($1.14M), Argentina ($422k), China ($279k), India ($177k), and Belgium ($126k).

In 2023, Brazil imported $202M in Hormones, mainly from China ($52.8M), Italy ($48.9M), Denmark ($45.8M), India ($13.2M), and Netherlands ($11M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hormones EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
Spain$1.14M (462k%)
China$279k (1%)
Belgium$126k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hormones BY Brazil WERE (2022 - 2023):
Argentina-$421k (-49.9%)
United States-$139k (-70%)
Malaysia-$91.5k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Hormones were:
Ireland $11.3B
United States $6B
Switzerland $3.51B
In 2023, Brazil's main importing competitors in Hormones were:
United States $9.54B
Italy $6.45B
Austria $3.6B

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Trade Value of Hormones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $506k
TOP IMPORT POTENTIALUnited States+ $9.03M

Hormones’s highest export potential is United States. With an export gap of $506k.   Hormones’s highest import potential is United States with an import gap of $9.03M.

See methodology.

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