Nitrites and Nitrates in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $686k in Nitrites and Nitrates, making it the 51st largest exporter of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 951st most exported product in Brazil. The main destination of Nitrites and Nitrates exports from Brazil are: Jamaica ($247k), United States ($103k), Argentina ($102k), Peru ($59.2k), and Bolivia ($41.8k).

The fastest growing export markets for Nitrites and Nitrates of Brazil between 2021 and 2022 were Jamaica ($93.9k), United States ($67.5k), and Peru ($59.2k).

Imports In 2022, Brazil imported $19.6M in Nitrites and Nitrates, becoming the 28th largest importer of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 651st most imported product in Brazil. Brazil imports Nitrites and Nitrates primarily from: Germany ($6.64M), China ($3.8M), Chile ($2.5M), Poland ($1.74M), and India ($989k).

The fastest growing import markets in Nitrites and Nitrates for Brazil between 2021 and 2022 were Germany ($3.65M), China ($2.71M), and Spain ($627k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Nitrites and Nitrates from Brazil to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Brazil's Nitrites and Nitrates exports accounted up to $73.4k and imports accounted up to $976k, resulting in a negative trade balance of $903k. Between February 2023 and February 2024 the exports of Brazil's Nitrites and Nitrates have increased by $3.7k (5.3%) from $69.7k to $73.4k, while imports increased by $238k (32.2%) from $739k to $976k.

Destinations In February 2024, Nitrites and Nitrates were exported mostly to United States ($36.2k), Bolivia ($23.7k), Argentina ($9.29k), Paraguay ($3.81k), and Chile ($220), and were imported mostly from Germany ($390k), Chile ($258k), China ($203k), India ($57k), and France ($30.8k).

Growth In February 2024, the increase in Nitrites and Nitrates's year-by-year exports was explained primarily by an increase in exports to Argentina ($14.1k or 430%). In February 2024, the increase in Nitrites and Nitrates's year-by-year imports was explained primarily by an increase in imports from Germany ($317k or 80.6%), China ($120k or 414%), and India ($83.8k or 118%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$3.7k(5.3%)

IMPORT GROWTH (February 2023 - February 2024)$238k(32.2%)

MAIN EXPORTER (February 2024)Santa Catarina$36.2k

MAIN DESTINATION (February 2024)United States$36.2k

This section shows Nitrites and Nitrates'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 Nitrites and Nitrates over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$686k

IMPORTS (2022)$19.6M

NET TRADE (2022)-$18.9M

In 2022, Brazil exported $686k in Nitrites and Nitrates. The main destinations of Brazil exports on Nitrites and Nitrates were Jamaica ($247k), United States ($103k), Argentina ($102k), Peru ($59.2k), and Bolivia ($41.8k).

In 2022, Brazil imported $19.6M in Nitrites and Nitrates, mainly from Germany ($6.64M), China ($3.8M), Chile ($2.5M), Poland ($1.74M), and India ($989k).

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