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2022
Exports $92MWorld Rnk 32 / 177
Flag Rnk 247 / 1206
2022
Destination $11.7M Argentina
2021 - 2022
FASTEST GROWING MARKET $11.7MArgentina
2022
PRODUCT COMPLEXITY IN Iron Blocks-0.42Rnk 679 / 1025
2022
Imports $42.6MWorld Rnk 79 / 219
Flag Rnk 483 / 1198
2022
Origin $3.19M Germany
2021 - 2022
FASTEST GROWING ORIGIN $3.19MGermany
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $92M in Iron Blocks, making it the 32nd largest exporter of Iron Blocks in the world. At the same year, Iron Blocks was the 247th most exported product in Brazil. The main destination of Iron Blocks exports from Brazil are: Argentina ($48.3M), Paraguay ($13M), Dominican Republic ($6.65M), Trinidad and Tobago ($6.09M), and Bolivia ($4.23M).

The fastest growing export markets for Iron Blocks of Brazil between 2021 and 2022 were Argentina ($11.7M), Dominican Republic ($6.4M), and Trinidad and Tobago ($5.15M).

Imports In 2022, Brazil imported $42.6M in Iron Blocks, becoming the 79th largest importer of Iron Blocks in the world. At the same year, Iron Blocks was the 483rd most imported product in Brazil. Brazil imports Iron Blocks primarily from: Germany ($18M), China ($12M), Turkey ($5.51M), Italy ($1.2M), and United Kingdom ($912k).

The fastest growing import markets in Iron Blocks for Brazil between 2021 and 2022 were Germany ($3.19M), China ($1.03M), and Czechia ($369k).

COMPANIES In 2023, leading companies such as Amazon Produce Network (31) and DAVID OPPENHEIMER CO. (3) were at the forefront of shipping Iron Blocks from Brazil to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Iron Blocks exports accounted up to $5.88M and imports accounted up to $23.8M, resulting in a negative trade balance of $18M. Between October 2023 and October 2024 the exports of Brazil's   Iron Blocks have increased by $2.82M (92.3%) from $3.06M to $5.88M, while imports increased by $18.6M (360%) from $5.18M to $23.8M.

Destinations In October 2024, Iron Blocks were exported mostly to Trinidad and Tobago ($2.21M), Argentina ($1.4M), Paraguay ($1.24M), Colombia ($393k), and Dominican Republic ($384k), and were imported mostly from Germany ($19.6M), China ($2.07M), Turkey ($1.13M), Argentina ($696k), and United States ($84.8k).

Growth In October 2024, the increase in Iron Blocks's year-by-year exports was explained primarily by an increase in exports to Colombia ($1.87M or 2.88M%), Paraguay ($287k or 37%), and Ecuador ($7.12k or 166%). In October 2024, the increase in Iron Blocks's year-by-year imports was explained primarily by an increase in imports from France ($43.9k or 77k%), Switzerland ($31.8k or 411%), and Spain ($18.8k or 581%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$2.82M(92.3%)
IMPORT GROWTH (October 2023 - October 2024)$18.6M(360%)
MAIN EXPORTER (October 2024)Minas Gerais$7.78M
MAIN DESTINATION (October 2024)Trinidad and Tobago$2.21M

This section shows Iron Blocks'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 Iron Blocks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$92M
IMPORTS (2022)$42.6M
NET TRADE (2022)$49.4M

In 2022, Brazil exported $92M in Iron Blocks. The main destinations of Brazil exports on Iron Blocks were Argentina ($48.3M), Paraguay ($13M), Dominican Republic ($6.65M), Trinidad and Tobago ($6.09M), and Bolivia ($4.23M).

In 2022, Brazil imported $42.6M in Iron Blocks, mainly from Germany ($18M), China ($12M), Turkey ($5.51M), Italy ($1.2M), and United Kingdom ($912k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Blocks EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$11.7M (32.1%)
Dominican Republic$6.4M (2.54k%)
Trinidad and Tobago$5.15M (543%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Blocks BY Brazil WERE (2021 - 2022):
Ghana-$1.37M (-69.4%)
Bolivia-$1.13M (-21%)
China-$84.4k (-85.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Iron Blocks were:
China $2.83B
Spain $2.24B
Germany $2.07B
In 2022, Brazil's main importing competitors in Iron Blocks were:
Germany $1.51B
United States $1.37B
France $1.18B

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Trade Value of Iron Blocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.39M
TOP IMPORT POTENTIALChina+ $6.32M

Iron Blocks’s highest export potential is United States. With an export gap of $2.39M.   Iron Blocks’s highest import potential is China with an import gap of $6.32M.

See methodology.

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