Mineral fuels, mineral oils and products of their distillation in Brazil

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Exports In 2023, Brazil exported $56.9B in Mineral fuels, mineral oils and products of their distillation, making it the 17th largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most exported product in Brazil. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Brazil are: China ($20.4B), United States ($7.44B), Singapore ($5.34B), Netherlands ($3.73B), and Chile ($3.62B).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Brazil between 2022 and 2023 were China ($3.35B), Netherlands ($569M), and Thailand ($452M).

Imports In 2023, Brazil imported $38.5B in Mineral fuels, mineral oils and products of their distillation, becoming the 21st largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most imported product in Brazil. Brazil imports Mineral fuels, mineral oils and products of their distillation primarily from: United States ($9.93B), Russia ($6.33B), Saudi Arabia ($2.62B), Australia ($1.84B), and Algeria ($1.59B).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Brazil between 2022 and 2023 were Russia ($4.44B), Algeria ($829M), and Spain ($517M).

COMPANIES In 2024, leading companies such as Givaudan Fragrances (11) and Steve Madden (1) were at the forefront of shipping Mineral fuels, mineral oils and products of their distillation from Brazil to the United States.

Latest Trends

December 2024

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Overview In December 2024 Brazil's Mineral fuels, mineral oils and products of their distillation exports accounted up to $2.99B and imports accounted up to $2.05B, resulting in a positive trade balance of $939M. Between December 2023 and December 2024 the exports of Brazil's Mineral fuels, mineral oils and products of their distillation have decreased by $-1.58B (-34.6%) from $4.57B to $2.99B, while imports decreased by $-838M (-29%) from $2.89B to $2.05B.

Destinations In December 2024, Mineral fuels, mineral oils and products of their distillation were exported mostly to China ($1.03B), Singapore ($435M), United States ($376M), Spain ($224M), and Netherlands ($154M), and were imported mostly from United States ($686M), Russia ($361M), Bolivia ($106M), Algeria ($95.2M), and Paraguay ($89.9M).

Growth In December 2024, the decrease in Mineral fuels, mineral oils and products of their distillation's year-by-year exports was explained primarily by a decrease in exports to Spain ($-135M or -35.5%), Portugal ($-106M or -41%), and South Korea ($-69.2M or -96.5%). In December 2024, the decrease in Mineral fuels, mineral oils and products of their distillation's year-by-year imports was explained primarily by a decrease in imports from Algeria ($-310M or -84.6%), United Arab Emirates ($-114M or -99.6%), and Guyana ($-74.5M or -47.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2023 - December 2024)$-1.58B(-34.6%)

IMPORT GROWTH (December 2023 - December 2024)$-838M(-29%)

MAIN EXPORTER (December 2024)Rio De Janeiro$4.48B

MAIN DESTINATION (December 2024)China$1.03B

This section shows Mineral fuels, mineral oils and products of their distillation'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 Mineral fuels, mineral oils and products of their distillation over time.

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